Grease Monkey® Franchisees Are Positioned For Success
Because Grease Monkey locations feature streamlined operations and low inventory—and because extensive franchisor-provided training on all things automotive means that franchisees do not need previous industry experience—the potential for a top-performing franchise location is high. The EBITDAR average earnings for the top 68% of Grease Monkey Franchisee owned centers is $237,251.
Top 68% of Grease Monkey Centers
Description | % | Total |
---|---|---|
Average Grease Monkey Franchise Sales (Annual) | 100% | $921,102 |
COGS | 26% | $240,663 |
Salaries, Wages, Benefits | 30% | $284,260 |
Retail Operating/Office/ G & A Expenses | 11% | $105,559 |
Royalty* | 4.60% | $42,371 |
Advertising | 4% | $36,844 |
Average Earnings – EBITDAR | 24.4% | $237,251 |
*After compliance rebate – 10%
See Item 19 of our FDD for further detail earnings
EBITDAR = Earnings before interest, taxes, depreciation, amortization, and rent