Grease Monkey and SpeeDee Oil Change & Auto Service Rank Number 7 and Number 27, Respectively
FullSpeed Automotive® flagship brands Grease Monkey® and SpeeDee Oil Change & Auto Service® have been recognized as two of the top franchises for veterans by Entrepreneur Magazine. This ranking highlights the top franchise companies that offer incentives to veterans who join their systems. Grease Monkey and SpeeDee Oil Change & Auto Service ranked this year at number 7 and number 27, respectively.
“Franchises love veterans for two good reasons: They’re the heroes of our nation, and they make incredible franchisees,” said Jason Feifer, Editor in Chief of Entrepreneur magazine. “By publishing our ranking of the Top Franchises for Veterans, we hope to help veterans who are looking to buy a franchise, and to help support the brands that best support our troops.”
This year, nearly 500 companies applied to be considered for Entrepreneur’s annual ranking of the Top Franchises for Veterans. To determine the top 150 from that pool, Entrepreneur evaluated their systems based on several factors, including the incentives they offer veterans (such as franchise fee discounts), how many of their units are owned by veterans, whether they offer any franchise giveaways or contests for veterans, and more. The ranking also took into account each company’s 2024 Franchise 500 score, based on an analysis of 150-plus data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
Grease Monkey ranked #7, landing on the list for the seventh consecutive year. SpeeDee Oil Change & Auto Service ranked #27, marking the brand’s sixth straight year on the list.
“We’re absolutely thrilled to be recognized for another year by Entrepreneur as a Top Franchise for Veterans,” said Ron Stilwell, President of FullSpeed Automotive. “Supporting veterans is at the heart of who we are, and we’re proud to provide them with the opportunities and resources they need to thrive in franchise ownership. Veterans bring invaluable leadership, discipline, and work ethic to the table, and we’re committed to doing all that we can to set them up for success as franchisees.”
Both Grease Monkey and SpeeDee Oil Change & Auto Service are IFA VetFran members, offering $10,000 off the franchise fee for veterans and rebates on royalty fees for first two years.
“FullSpeed brands offer an incredible program for veterans, whether they’re aspiring entrepreneurs or seasoned business owners,” said Garland Moore, a former Army National Guard officer and SpeeDee franchisee. “They go above and beyond to attract and support veterans, providing tailored programs and offering discounts to help veteran franchisees to hit the ground running.”
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 90+ 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.
For more information on FullSpeed Automotive and the company’s flagship brands, visit www.fullspeedautomotive.com, greasemonkeyfranchise.com, and speedeeoilfranchise.com