March 6, 2023

Grease Monkey and SpeeDee Celebrate Winners of the Franchisee of the Year Award by International Franchise Association

Greg and Becky Parsons with Ron Stilwell at the IFA convention

Standout Franchisees — Greg and Becky Parsons & Ken and Susan Giusti — Recognized at the 2023 IFA Convention

Greenwood Village, CO – FullSpeed Automotive®, one of the nation’s largest franchisors and operators of automotive aftermarket repair facilities, home to flagship brands Grease Monkey®, SpeeDee Oil Change & Auto Service®, and Kwik Kar, announces four franchisees who have been awarded the International Franchise Association’s (IFA) prestigious Franchisee of the Year Award. Grease Monkey Franchisees Greg and Becky Parsons (shown above with Ron Stilwell) and SpeeDee Oil Change & Auto Service Franchisees Ken and Susan Giusti were honored on March 1 at the 63rd IFA Annual Convention in Las Vegas, NV.

The Franchisee of the Year Award, sponsored by IFA’s partner Paychex®, recognizes leading franchise owners from IFA member brands whose outstanding performance and contributions help protect, enhance, and promote the franchise business model. Nominated by their parent company, individuals are selected for their service to their communities, fostering a strong and vibrant workforce, opening the doors for career growth and entrepreneurship, and supporting their fellow franchisees.

“Greg, Becky, Ken, and Susan are great ambassadors of the Grease Monkey and SpeeDee brands, and we are proud that they are a part of our FullSpeed family,” said Ron Stilwell, President of FullSpeed Automotive. “Not only do they strive for their own success, but also share their knowledge with other franchisees across the systems. Their willingness to help others and deliver a superior customer experience makes them the gold standard of franchisees.”

Grease Monkey franchisees, Greg and Becky Parsons, opened their Grease Monkey location in Cypress, TX, in 2017. Over the past five years, they’ve done a great job of building the business and have shown double-digit increases each year. Their approach is to treat customers the way they want to be treated, and the guest experience at their center is second to none. The Parsons are always willing to step in and help new franchisees and make themselves available to answer any questions. They have opened their doors to help train new employees or franchisees who are sent their way as well as participating in testing services or products to help improve the brand. At the Grease Monkey 2019 Annual Convention, Greg was selected to be one of five franchisees on the owner expert panel. These franchisees were chosen because of their success and willingness to share best practices with the entire franchise audience.

“Becky and I are both appreciative of Grease Monkey for nominating us for this award,” said Greg Parsons. “It is a huge honor to be chosen for this prestigious award in the franchising industry. We have always strived to make every customer’s experience the best it can be, and it is great that our success has been recognized by our peers.”

Ken and Susan Giusti with Ron Stilwell, left, and Greg Roquet, right, at the IFA convention

Ken and Susan Giusti, center, at the IFA convention with Ron Stilwell, left, and Greg Roquet, right.

Ken and Susan Giusti have been SpeeDee Oil Change & Auto Service franchisees for 30 years, opening their first location in 1993 in Fremont, CA, and then a second location in Vallejo, CA, in 2000. Ken has been an active member of SpeeDee’s National Franchisee Advisory Council (NFAC), most recently as president and chairperson, in order to provide assistance to franchisees and further his own insights. The Giustis also regularly volunteer to be beta/pilot testers for a multitude of SpeeDee initiatives, giving extensive time to ensure these programs are a good fit before launching to the rest of the system. As the franchise landscape evolves, they continue to establish themselves as industry leaders with real-time awareness of any changes taking place, looking for opportunities to make the entire SpeeDee system better.

“It is an honor to be included in this list of amazing franchisees and chosen by the IFA,” said Ken Giusti, “I am very thankful for this award, and I have a great team and partner that I would not be in this position without – many of them working for me for over two decades. I believe that investing in training and technology for my employees has been a key reason for our success.”

Alongside franchisee accolades, FullSpeed Automotive has also been recognized recently, for the fifth year in a row Grease Monkey (#6) and SpeeDee Oil Change & Auto Service (#14) have been recognized by Entrepreneur Magazine as a Top Franchise for Veterans. Both brands also ranked in Entrepreneur’s 2023 Franchise 500 with Grease Monkey at #182 and SpeeDee at #415, making it their seventh and fifth consecutive year being included, respectively.

With a goal of 1,000 units by the end of 2023, 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.

For more information on Grease Monkey or SpeeDee Oil Change & Auto Service, visit greasemonkeyfranchise.com, speedeeoilfranchise.com, or call 800-364-0352.

About FullSpeed Automotive
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 2023, 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 more than 490 Grease Monkey auto centers in the United States, China, Colombia, Mexico, and Saudi Arabia. In 2023, Grease Monkey was included in Entrepreneur’s prestigious Franchise 500 ranking for the seventh 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 more than 185 SpeeDee auto centers located throughout the United States and Mexico. In 2023, SpeeDee Oil Change & Auto Service was included in Entrepreneur’s prestigious Franchise 500 ranking for the fifth 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.

About the International Franchise Association:
Celebrating over 60 years of excellence, education, and advocacy, the International Franchise Association (IFA) is the world’s oldest and largest organization representing franchising worldwide. IFA works through its government relations and public policy, media relations, and educational programs to protect, enhance and promote franchising and the approximately 790,492 franchise establishments that support nearly 8.4 million direct jobs, $825.4 billion of economic output for the U.S. economy, and almost 3 percent of the Gross Domestic Product (GDP). IFA members include franchise companies in over 300 different business format categories, individual franchisees, and companies that support the industry in marketing, law, technology, and business development.