SpeeDee Recognized on Franchise Times’ Top 200+ List for 2019

SpeeDee is recognized on Franchise Times' Top 200+ List for 2019, ranking 350th, and celebrates 40 years in the vehicle care industry.

Read the original at 1851 Franchise
SpeeDee Recognized on Franchise Times’ Top 200+ List for 2019

TL;DR

SpeeDee has been named on Franchise Times' Top 200+ List for 2019, ranking 350th, and celebrates 40 years in the vehicle care industry. The brand has over 150 locations and added 10 new locations in 2019.

SpeeDee has been named on Franchise Times’ Top 200+ List for 2019, locking in spot No. 350. The Franchise Times Top 200+ annually ranks 500 of the largest franchise systems in the United States according to global systemwide sales, based on last year’s performance. Franchise Times creates the rankings using a combination of data and processes including companies’ voluntary reports and publicly available data, as well as the franchises’ most recent franchise disclosure documents and SEC filings.

SpeeDee is no stranger to how important vehicle care is—2020 marks 40 years for the brand. SpeeDee has truly built a model that fosters a trusting customer service base. The brand builds customer relationships and guarantees retention by employing qualified professionals, offering free top-off services and generating detailed maintenance history reports. With more than 150 locations and 10 new locations in 2019, SpeeDee rushes to take care of putting people first.

“We are very proud to have both of our iconic brands recognized on the prestigious Franchise Times Top 200+ list. It is truly a testament to the strength of both franchises, as well as to the integrity and diligent efforts of our franchisees to provide an industry leading level of customer service day in and day out,” said Kevin Kormondy, CEO of FullSpeed Automotive, the parent company behind both SpeeDee and Grease Monkey.

The current initial investment for a location ranges from $197,305 to $537,970, with a franchise fee of $35,000.

In this story

This story was originally published in 1851 Franchise on January 6, 2020. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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