Grease Monkey Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech

With the increasing number of cars and trucks on the road, having a business related to oil changes and preventive maintenance services is always a good choice. And to date, Grease Monkey is one of the best companies to consider. In fact, just by carrying their name, it could automatically bring you business. Let’s talk about the franchise requirements and the estimated Grease Monkey franchise cost. That way, you can already assess if this is the perfect venture for you.

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Grease Monkey Franchise Wiki

Grease Monkey started its operations in 1978 and opened its doors for franchising the same year. Their headquarters is located at Greenwood Village, Colorado.

When you franchise Grease Monkey, you may also operate a Monkey Shine car wash. This car wash facility should be located adjacent to the Grease Monkey’s premises.

Grease Monkey Franchise Benefits

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This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.

Grease Monkey Franchise Financial Assistance

The franchisor does not provide financing and does not guarantee a franchisee’s note, lease, or obligation. 

Grease Monkey Franchise Cost

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Name of Fee	Low	High
Initial Franchise Fee	$5,000	$35,000
Lease, Real Estate and Improvements	$10,000	$20,000
Center Development Program	$0	$16,000
Equipment, Furniture, Tools and Installation	$58,195	$97,350
Grand Opening Costs	$10,000	$15,000
Initial Inventory	$14,500	$25,000
Signs	$10,000	$30,000
Supplies	$1,000	$2,000
Initial Training – Travel and Lodging Expenses	$1,000	$5,000
Computer Hardware and Software	$5,000	$19,500
Prepaid Expenses	$2,000	$3,000
Additional Funds (3 months)	$40,000	$80,000
ESTIMATED TOTAL	$156,695	$347,850

Grease Monkey Franchise Training 

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Before the franchisee can start their operations, they must satisfy all the training required by the franchisor. The franchisor will provide the dates, times, and even the location for the training. 

The initial classroom training will run for five days, and this will be filled with hands-on exercises. If the franchisor sees the need to add more days to training, the franchisee will have to complete it. Other training such as maintenance, installation, and operation will be held on-site by vendors and manufacturers.  

There are also other training programs and certifications which the franchisor might recommend to franchisees and employees. Some are optional, while others are required. It is the discretion of the franchisor if the owner or manager must participate in the training programs.  

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Generally, the franchisor provides regular seminars and other continuing development programs for its franchisees. This ensures that as a business owner, you are well-informed about industry-updates and technology.  

Grease Monkey Franchise Territory 

The franchisor will provide a location for Monkey Grease and Monkey Shine franchise. The franchisees do not have exclusive rights to the designated territory and may face competition with other franchisees and outlets owned by the company.  

Grease Monkey Franchise Obligations

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The principal owner or main franchisee is not required to participate in the daily operations of Monkey Grease. However, the franchisor highly encourages that they do so. If the franchisee will not be a part of the daily operations, they should designate a manager approved by the franchisor. For franchisees that are a corporation, they must use their center only for the Monkey Grease business. Take note that the franchisees should service all national fleet accounts, and the center must be opened according to what the franchisor will specify.    

Grease Monkey Franchise Term of Agreement 

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The term of the agreement is 15 years.  It could be extended for another 15 years or five years with an automatic extension for five more years. The renewal could happen if the franchisee has met all the standards.  

Grease Monkey Franchise Requirements

This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.

Grease Monkey Franchise Profit

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Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.

How to Apply For Grease Monkey Franchise 

To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.

Apply Here

Grease Monkey Franchise Contact details

Website

https://www.greasemonkeyauto.com/

FAQ

Is it profitable or not?

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Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.

What is The Difference Between Franchisor vs. Franchisee

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What Is The Difference Between Franchise Vs. Sole Proprietorship

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Conclusion

So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you

Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.

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