Grease Monkey FDD – Franchise Information, Costs and Fees
Type of Business
Grease Monkey businesses provide oil changes and preventive maintenance services for cars and trucks to the general public.
Corporate Information
Grease Monkey Franchising, LLC is a Colorado limited liability company formed on January 3, 2006. Their principal business address is 5575 DTC Parkway, Suite 100, Greenwood Village, Colorado 80111. They began offering franchises for Grease Monkey businesses in 2006.
Investment
The estimated total investment necessary to begin operation of a Grease Monkey franchise ranges from $245,816 to $761,952, including between $20,000 and $49,900 which must be paid to the franchisor or its affiliates.
Grease Monkey multi-unit franchisees acquire the right to open multiple franchises at reduced franchise fees, with a commitment to open a minimum of three Grease Monkey Centers. If you sign a Multi-Unit Agreement for a three Center development, then in addition to the investments noted above for the first Center, you must pay the franchisor a Multi-Unit Fee of $35,000. The fee increases by $15,000 for each additional Center you commit to develop.
