GREASE MONKEY

FRANCHISE FOR SALE IN SALISBURY, MARYLAND

List Price: $175,000 USD

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Annual Gross Revenue:

$530,000 USD

Annual Net Profit:

$25,000 - $50,000

Value of Inventory:

Less Than $25,000

Value of Assets:

$25,000 - $50,000

Business Category:

Automotive & Repair

Business Operates From:

A Retail Location

Year Established:

2017

Seasonal Business:

No

+3 Months

TRANSITION SUPPORT

Somewhat

PRICE/TERMS
FLEXIBILITY

Part-time

OWNER INVOLVEMENT

SUMMARY

Founded in 1978, Grease Monkey® is a franchise-based full-service automotive care company headquartered in Greenwood Village, CO, and is a subsidiary of FullSpeed Automotive®. We’ve carefully developed a proven and dynamic System of Operation, ensuring the viability and long-term success of the brand and our franchisees. The Grease Monkey System is designed to guide franchisees through every aspect of running a profitable automotive maintenance business. Whether you’ve been a “grease monkey” all your life, or you don’t know the first thing about changing oil, we’re here with the right training and support tools, from startup to mature business stage. We’re rapidly expanding and looking for progressive entrepreneurs with a strong desire to own their own business! This Grease Monkey center is located in an ideal location on the main highway in Salisbury, MD, directly across from a Wawa convenience store. High traffic, high visibility location to attract customers! The building's lot is large with plenty of area to expand with a car wash, UHaul, or food truck locations. There are three operating bays, with new bay doors and lifts that allow for light mechanical work. The lobby is spacious and very nicely decorated and socially distanced to provide ample waiting area for customers. There is an out-building that would allow for storage of inventory, such as tires. This franchise has over 100 local fleet accounts. Local, state, and federal incentive grants and money are available for business development in the county and area.

PHOTOS

FACTS

Part-Time Employees:

6-10

Full-Time Employees:

0

Total Employees:

10-25

Timeframe for sale:

Immediate

Total Approx. Monthly Rent:

$4,500/month

VIDEO

DESCRIPTION

DAY-TO-DAY INVOLVEMENT

Inventory management; payroll approval; Quickbooks; supervision of daily operations/management team

ASSET DESCRIPTION

Lifts (2); tire machine; 275 gallon oil tanks; outbuilding

INVENTORY DESCRIPTION

Oil; oil filters; wiper blades; bulbs

ADDITIONAL INFO

Option for either ISI or Sage operating system. Have equipment and set-up option for both.

BONUS MATERIAL

WHY I LOVE MY FRANCHISE

Salisbury is a small, charming college town with loyal residents; 30-minute drive to the beach; low cost of living.

REASON FOR SELLING

Duties and travel related to parental care require seller to change priorities.

GROWTH OPPORTUNITIES

Space and zoning for a car wash as well as UHaul rentals; a third bay for heavier mechanical work or to rent; space for food trucks, detailing services, and car shows.

Some

SELLER FINANCING AVAILABLE

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