Grease Monkey and SpeeDee Oil Change & Auto Service Land on Entrepreneur’s 2024 Veterans List

Grease Monkey and SpeeDee recognized as top franchises for veterans

Read the original at Franchising.com
Grease Monkey and SpeeDee Oil Change & Auto Service Land on Entrepreneur’s 2024 Veterans List

TL;DR

Grease Monkey and SpeeDee Oil Change & Auto Service have been recognized as top franchises for veterans by Entrepreneur Magazine. The ranking evaluated companies based on factors such as incentives for veterans and the number of units owned by veterans.

Grease Monkey® and SpeeDee Oil Change & Auto Service® have been recognized as two of the top franchises for veterans by Entrepreneur Magazine.

“Franchises love veterans for two good reasons: They’re the heroes of our nation, and they make incredible franchisees,” said Jason Feifer, Editor in Chief of Entrepreneur magazine. “By publishing our ranking, we hope to help veterans who are looking to buy a franchise.”

This year, nearly 500 companies applied to be considered for Entrepreneur’s annual ranking of the Top Franchises for Veterans. To determine the top 150 from that pool, Entrepreneur evaluated their systems based on several factors, including the incentives they offer veterans (such as franchise fee discounts), how many of their units are owned by veterans, whether they offer any franchise giveaways or contests for veterans, and more. The ranking also took into account each company’s 2024 Franchise 500 score, based on an analysis of 150-plus data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

“We’re absolutely thrilled to be recognized by Entrepreneur as a Top Franchise for Veterans,” said Ron Stilwell, President of FullSpeed Automotive. “Supporting veterans is at the heart of who we are, and we’re proud to provide them with the opportunities and resources they need to thrive in franchise ownership. Veterans bring invaluable leadership, discipline, and work ethic to the table, and we’re committed to doing all that we can to set them up for success as franchisees.”

“These brands offer an incredible program for veterans, whether they’re aspiring entrepreneurs or seasoned business owners,” said Garland Moore, a former Army National Guard officer and SpeeDee franchisee.

In this story

This story was originally published in Franchising.com on November 13, 2024. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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