October 14, 2024

SpeeDee Makes the Franchise Times Top 400 List

An oil change in progress. Grease Monkey and SpeeDee climbed this year’s Franchise Times’ Top 400 list.

Annual lists highlights the biggest franchise brands

SpeeDee Oil Change & Auto Service® and Grease Monkey®, flagship brands of FullSpeed Automotive®, were recently recognized on the Franchise Times Top 400 list. SpeeDee ranked at 294, and Grease Monkey ranked 188.

The Franchise Times Top 400 is an exclusive annual ranking of the largest U.S.-based franchise systems by global systemwide sales.

Through dedicated efforts and strategic initiatives, the brands have made significant strides throughout the last year, with SpeeDee rising 40 spots and Grease Monkey climbing 54 spots.

In addition to highlighting individual growth for SpeeDee Oil Change & Auto Service and Grease Monkey, the rankings outlined the top five fastest-growing sectors, with the automotive industry at fourth.

Franchise Times Fastest-Growing Industry Sectors:

  1. Cleaning Services +15.8%
  2. Personal Services +11.9%
  3. Health & Medical +11%
  4. Automotive +10.2%
  5. Restaurants +8.3%

“We’re thrilled to see the strong growth of our brands and the industry as a whole, and we’re excited to build on this momentum as we continue driving success,” said Ron Stilwell, President of FullSpeed Automotive.

Now boasting more than 931 company, franchised, and licensed units, FullSpeed aims to achieve its growth goal of 1,000 units by 2025. FullSpeed Automotive is looking to bring on qualified and engaged individuals seeking single, multi-unit, and conversion opportunities.

For more information, visit speedeeoilfranchise.com, greasemonkeyfranchise.com, or call 800-364-0352.