Business Description

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:	235	98.7%
Company-Owned Units:	3	1.3%
Total Operating Units:	238	100.0%
Geographic Distribution: U.S.: 196 85.2% In 28 States Canada: 0 0% In 0 Canadian Provinces International: 34 14.8% In 0 Foreign Countries   Total: 230 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. California	14
2. Colorado	57
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

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
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
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
Expansion Plans
Projected New Units Over Next 12 months: 20 U.S.: Yes, All United States Canada: No Overseas: Yes, Mexico	Request Franchisor Info   Submit an online form to receive information from Grease Monkey International.