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Grease Monkey

GREASE MONKEY Centers provide convenient vehicle preventive maintenance services. We provide comprehensive technical training for all franchisees, including instruction performing all GREASE MONKEY approved services thoroughly and safely. You will also learn basic accounting, computer marketing and customer satisfaction techniques to help you operate your business.

Franchisor Background

Year Established:

1978

Franchising Since:

1979

Operating Units:
Franchised Units:	244	98.8%
Company-Owned Units:	3	1.2%
	______	_____
Total Operating Units:	247	100%

Geographic Distribution:
U.S.:	213	86.2%	In 28 States
Canada:	0	0%	In 0 Canadian Provinces
International:	34	13.8%	In 0 Foreign Countries
	______	_____
Total:	247	100%

North America:
States/Provinces with the largest number of operating units:
Density	Units
1. Colorado	57
2. California	14
3. Washington	13

Registered in Following Registration States:

California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District Of Columbia, Alberta

Financial Requirements

Investment:
Minimum Net Worth:	$300K
Cash Investment:	$200-250K
Total Investment:	$850K-1.2MM
Average Total Investment:	$1025K

Fees:
Initial Franchise Fee:	$28K
Average Franchise Fee:	$28K
On-Going Royalty:	5%
Average Royalty:	5%
Advertising Fee:	6%

Average Number of Employees:

3 Full-time, 3 Part-time

Space Needs (in square footage):

1,800

Preferred Sites:

Free-standing Building, Strip Center

Other Sites:

Encourage Conversions?

Yes

Earnings Claims Provided?

Yes

Listed in the SBA Registry?

Support and Training

International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	45
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Direct

Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified

On-Going Support:
Central Data Processing:	Included in Fees
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees

Training:
1. Corporate Headquarters, Denver, CO	1 Week
2. Market Center	1 Week

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):

Financial Net Worth:	5
General Business Experience:	4
Specific Industry Experience:	2
Formal Education:	2
Psychological Profile:	3
Personal Interview(s):	5

Minority Representation

Units Owned by Minorities:
African-American:	0
Asian-American:	3
Hispanic:	54
Native American:	0
Other:	9
Specific Minority:	N/A

Terms of Contract

Term of Initial Contract:	15 Year(s)
Term of Renewal Period:	15 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes

Expansion Plans

Projected New Units Over Next 12 months:

U.S.:	Yes, All United States
Canada:	No
Overseas:	Yes, Mexico

Franchisor Background

Year Established:

Franchising Since:

Operating Units:

Geographic Distribution:

North America: