GREENWOOD VILLAGE, Colo. – Grease Monkey®, a flagship brand of FullSpeed Automotive®,  has been recognized in Entrepreneur’s inaugural ranking of the Top Brands for Multi-Unit Owners. The ranking identifies brands with the most appeal for prospective franchisees interested in multi-unit ownership as well as existing franchisees looking to expand their portfolios. Grease Monkey was ranked number 69 out of 150.

The list is determined by a multitude of factors such as the percentage of franchisees that are multi-unit owners, the average total of units owned by franchisees, and if the brand only sells multiple units or master licenses. Entrepreneur also takes into consideration the company’s Franchise 500 score which is based on cost and fees, size and growth, franchisee support, brand strength, and financial stability.

“I am immensely proud of our team’s dedication and hard work that has led to our recognition in Entrepreneur’s prestigious ranking of the Top Brands for Multi-Unit Owners,” said Ron Stilwell, President, FullSpeed Automotive. “We understand the power and potential of multi-unit franchisees, and we are thrilled to be part of an industry that embraces their expertise and drive. Multi-unit growth will continue to play a key role in our development strategy as we expand our nationwide footprint.”

As the auto care industry is expected to grow nearly 25%, and reach $477.6 billion by 2024,  FullSpeed Automotive is looking to bring on qualified and engaged individuals seeking single, multi-unit, and conversion opportunities.

When franchisees invest with FullSpeed Automotive brands, they’re investing in an organization with a strong culture, solid systems, and proven business models backed with a combined 70+ years of experience in providing quality car care in the industry.

“Entrepreneur‘s lists reflect the state of the franchise industry—and there is perhaps no greater story than the power of the multi-unit franchisee,” says Jason Feifer, editor in chief of Entrepreneur magazine. “The industry is increasingly embracing them as motivated, knowledgeable, capable operators, and it’s no wonder that brands are now competing for these great multi-unit owners’ attention.”

Helping drive FullSpeed brands’ franchise development and multi-unit growth is its new store models, attracting eager and sophisticated franchisees to the franchise opportunity. The new ‘Store of the Future’ models not only bring a modernized touch to the industry, but also have cost-saving benefits while still maximizing operational efficiencies to drive franchise profitability. The first ‘Store of the Future’ ground up Grease Monkey location recently debuted in Warner Robins, Georgia.

For more information on FullSpeed Automotive and the company’s flagship brands, visit greasemonkeyfranchise.com and speedeeoilfranchise.com or call 800-364-0352.

 

About FullSpeed Automotive®

FullSpeed Automotive is among the nation’s largest franchisors and operators of automotive aftermarket repair facilities and home to flagship brands Grease Monkey®, SpeeDee Oil Change & Auto Service, and Kwik Kar. FullSpeed brands offer oil changes, tire sales and rotations, brake services, car washes, and other ancillary services through multiple brand formats that target several desirable segments of the service market. The company’s strategic geographic footprint of 900-plus franchised and company-owned locations provide density in high growth markets. In 2023, both Grease Monkey and SpeeDee were included in Entrepreneur’s prestigious Franchise 500 ranking. FullSpeed is headquartered in Greenwood Village, CO. For more information, go to www.fullspeedautomotive.com.

About Grease Monkey®

Founded in 1978 and part of the FullSpeed Automotive family of brands, Grease Monkey has more than 40 years of expertise in oil changes and automotive maintenance. There are more than 490 Grease Monkey auto centers in the United States, China, Colombia, Mexico, and Saudi Arabia. In 2023, Grease Monkey was included in Entrepreneur’s prestigious Franchise 500 ranking for the seventh consecutive year. Grease Monkey is also proud to have received the VetFran 5‐Star rating demonstrating its extraordinary commitment to “provide access and opportunities in franchising to our Nation’s Veterans and their Spouses.” For more information, go to www.greasemonkeyfranchise.com.

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