Grease Monkey

Grease Monkey Franchise Opportunity

Founded in 1978 and based in Denver, Colorado, Grease Monkey has grown to more than 500 centers internationally with operations in the United States, Mexico, China, Colombia, and Saudi Arabia.

The brand has flourished, thanks to a commitment to customer service, innovation, and driving strong ROI for franchisees.

Why Buy a Grease Monkey Franchise?

Total sales expected for the automotive aftermarket industry in 2024. That’s up from $325 billion in 2021. The auto repair industry is massive, steadily growing, and resistant to downturns.

$372 BILLION INDUSTRY

One reason Grease Monkey® is a great business opportunity is because more than 99% of the vehicles on U.S. roads need regular oil changes. And while electric vehicles are very slowly gaining market share, it will be decades before they make up the majority of cars on the road.

A needs-based purchase

The auto aftermarket industry is strong because nearly everyone in America drives. Americans cumulatively drive about 3 trillion miles per year, and Americans are keeping their vehicles longer than ever before.

According to research conducted by IHS Markit, the average vehicle in operation in 2020 was 12.1 years old. 25% of cars are 16 years old or older. Drivers understand that to extend the life of their vehicles, routine maintenance is a must.

EVs will take decades to impact the market

Of the 279 million vehicles on the road in 2020, 278 million of them require oil changes. Electric vehicles like Teslas are the exception. And in spite of all the attention EVs receive, it’s expected to take several decades for them to outnumber gas-powered vehicles.

According to the New York Times, analysts expect EVs to make up a quarter of new car sales in the U.S. by 2035 — but only 13% of the vehicles on the road because of older vehicles still in operation. By 2050, analysts still expect the majority of cars on the road to be gas-powered.

When EVs do become a large share of vehicles on the road, Grease Monkey will be ready. Electric vehicles may not need engine oil, but they still need brake fluid, coolant, brake pads, tires, cabin air filters, and other routine maintenance items. They’ll also need battery replacements. Grease Monkey is already studying the market for EV maintenance and developing plans for this eventual transition.

Why Franchise Owners LOVE Grease Monkey

Grease Monkey® has been one of the best oil change franchises in the nation for four decades thanks to their ability to deliver consistently fast, excellent customer service.

Their Certified Pit Crew program ensures customers are served by well-trained auto maintenance technicians.

The Grease Monkey Franchise Business Model is designed to help you deliver this service. You don’t need a background in the auto industry.

Ideal Grease Monkey Franchise Owner

You DO NOT need an automotive background.

What you DO need:

• Passion for great customer service
• Willingness to be engaged in the business, even if using a general manager.
• Willingness to follow the business model.

Financial Requirements

• Cash Investment (Liquid): $400,000
• Minimum Net Worth: $600,000

Take the next step towards owning a Grease Monkey franchise

To learn more about Grease Monkey franchise opportunities in your area or to begin securing your territory today, please request more information below.