GREENWOOD VILLAGE, Colo. – FullSpeed Automotive®, one of 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, has been recognized by Entrepreneur Magazine as a Top Franchise for Veterans for the fifth year in a row. Grease Monkey and SpeeDee Oil Change & Auto Service came in at number six and number 14, respectively.
Entrepreneur Magazine’s Top Franchises for Veterans list ranks 150 franchises offering incentives and other programs to help veterans become franchisees. This list is one of Entrepreneur’s most popular rankings, and highly valued in the franchise industry. To create the list, the magazine invited companies to participate in a survey designed to help them learn more about their Veteran’s programs. From there, they developed the ranking of the top 150 franchises for Veterans, taking into account each company's Veteran incentive, how Veteran franchisees are attracted to and supported by the company, and how each company scored in the 2021 Franchise 500.
Grease Monkey jumped up two spots, moving from number eight in 2021 to number six in 2022. SpeeDee Oil Change & Auto Service made an impressive jump from number 28 to number 14. Grease Monkey has landed on the list for the fifth year in a row, and SpeeDee has been ranked for the fourth year in a row. Both brands are IFA VetFran members, and offer a $10,000 discount off the franchise fee for Veterans as well as rebates on royalty fees for the first two years.
“It is our goal to help create opportunities and provide incentives for Veterans to make being an entrepreneur more accessible and attainable,” said Rob Lynch, Chief Executive Officer of FullSpeed Automotive. “Veterans have many of the characteristics that we look for in a franchisee—hardworking, able to follow a system, and a desire to help others.
We value our Veterans and want to give back to them as a thank you for their service.”
Over the years, FullSpeed Automotive has seen many Veterans become highly successful as franchisees in the automotive aftermarket repair industry due to their strong work ethic and motivation to succeed.
“FullSpeed has an excellent program for Veterans,” said Army Veteran and Grease Monkey and SpeeDee franchisee Brian Morrison. “They do a lot to attract and support Veterans. Grease Monkey and SpeeDee and as well as their vendors have created programs to help their Veteran franchisees ramp up quickly.”
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. FullSpeed Automotive’s acquisition strategy has also played a key role in nationwide expansion and remains a strong business focal point for growth.
Recently, FullSpeed unveiled its highly anticipated new store models. The ‘Store of the Future’ models will use all-new technology, hone in on the customer-experience, and create an environment the industry has not yet seen before. These new store models were created to help drive franchisee profitability by maximizing operational efficiencies and reducing construction costs.
For more information on FullSpeed Automotive and the company’s flagship brands, visit fullspeedautomotive.com or call 800-364-0352.
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 offers 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 2022, both Grease Monkey and SpeeDee were included in Entrepreneur’s prestigious Franchise 500 ranking. FullSpeed is headquartered in Greenwood Village, Colorado. 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 over 40 years of expertise in oil changes and automotive maintenance. There are over 490 Grease Monkey auto centers in the United States and international locations in China, Colombia, Mexico, and Saudi Arabia. In 2022, Grease Monkey was named to Entrepreneur’s Fastest-Growing Franchises list as well as included in the prestigious Franchise 500 ranking for the sixth 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.
About SpeeDee Oil Change & Auto Service®
Founded in 1980, SpeeDee Oil Change & Auto Service is a franchise-based full-service automotive care company headquartered in Greenwood Village, CO. SpeeDee is a subsidiary of FullSpeed Automotive®. There are over 185 SpeeDee auto centers located throughout the United States and Mexico. In 2022, SpeeDee Oil Change & Auto Service was included in Entrepreneur’s prestigious Franchise 500 ranking for the fourth consecutive year. SpeeDee 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, visit www.speedeeoilfranchise.com.