What does a Grease Monkey Franchise Cost?
Grease Monkey franchise fees for 2024:
Cash Investment: $400,000
Total Investment: $251,816 - $821,052
Minimum Net Worth: $600,000
Franchise Fee: $39,900
Royalty: 6%
Ad: .5% national materials fund - 4% local
advertising
Item 19: Yes
Average Number of Employees: 8-10
Visa Candidates: Yes
Passive Ownership: Yes (see Owner's Daily Activities Section)
Home-Based: No
B2B: No
Master Franchise Opportunities: No
Veteran + First Responder Discount: Yes, franchise fee is
$29,900
Is Grease Monkey a Semi Absentee Franchise with a Passive Ownership Opportunity?
Yes. Grease Monkey is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
Is Grease Monkey a Home Based franchise?
No. Grease Monkey is not a home based franchise opportunity.
What Do Grease Monkey Franchise Owners Make?
Click here to find out how much Grease Monkey franchisees make. Grease Monkey offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is Grease Monkey a Master Franchise Opportunity?
No. Grease Monkey is not a master franchise opportunity.
Does Grease Monkey Offer a Veteran Discount?
Yes. Grease Monkey franchise does offer a veteran discount.
Does Grease Monkey Work with E2 Visa and EB-5 Visa Candidates?
Yes. Grease Monkey franchise does work with E2 Visa and EB-5 Visa candidates.
Is Grease Monkey Looking for Franchisees in Canada?
No. Grease Monkey franchise is not looking for Canada franchisees.
Is Grease Monkey Looking for International franchisees?
Yes. Grease Monkey franchise is looking for International franchisees.
Where can I see Grease Monkey's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.