We are pleased to offer this Grease Monkey franchise located in the Denver, CO area (location to be disclosed after signed confidentiality agreement).
This Grease Monkey franchise is located on a major thoroughfare in an affluent area and has an attached car wash. The store has a strong history of profitability and has outperformed the industry in recent months.
This sale will be financed by the seller. Below is a summary of of the proposed financing terms:
- 20% downpayment
- 10 year term
- 7% interest rate
Founded in 1978, and headquartered in Denver Colorado, Grease Monkey is the nation's largest independent franchisor of automotive oil change centers serving more than 2 million customers each year with 75% of them being return customers. Their "less hassle, more hustle!" customer experience is part of every signature Grease Monkey® service.
The Franchisor requires all prospective franchisees meet the following requirements:
- Minimum Net Worth: $250,000
- Minimum Liquidity: $75,000
- Successful business background with Management experience
- 2 Weeks of training (new franchisees)