FullSpeed Automotive® Paves the Way for a Strong 2023 with Major Brand Acquisition and Revolutionary New Store Models Set to Accelerate Growth


Automotive Aftermarket Repair Leader Targets 1,000 Units by Year End

Greenwood Village, Colorado., January 11, 2023 /PRNewswire/ — FullSpeed ​​Automotive, one of the largest US franchisors and operators of automotive aftermarket repair facilities, has wrapped up a remarkable 2022. Brand milestones include the acquisition of Kwik Kar, which joins FullSpeed’s flagship brands Grease Monkey® and SpeeDee Oil Change. & Auto Service®, achieved record-breaking growth with a total of 270 openings, 36 certified franchises and 44 acquisitions. FullSpeed, which currently boasts over 900 companies, franchises and licensed units, has a growth target of 1,000 units by the end of 2023.

In early 2022, FullSpeed ​​will celebrate its 700th anniversary.th Location – Grease Monkey in garden grove, california – Opened in January. Following this announcement, FullSpeed ​​acquired his Kwik Kar. This includes his acquisition of Kwik Industries, Inc. intellectual property, which was completed in July. This includes ownership of the Kwik Kar brand and his purchase of FullSpeed ​​from a local independent operator. Plus 25 Kwik Kar related centers.

To revitalize development and improve performance next year, FullSpeed ​​has enhanced its executive suite with several new hires and promotions. Rob Lynch Hired as Chief Executive Officer, he brings 35 years of experience in the franchise industry to the team. Ron StillwellPreviously Chief Development Officer at FullSpeed ​​Automotive, who helped drive unit count growth by 31% in 2022, has been promoted to President of Franchise. Sarah Hump He was also recently appointed Chief Marketing Officer, bringing over 20 years of marketing experience with the nation’s leading auto repair and quick lubricant brands to oversee all brand and digital marketing efforts.

“This makes it a very exciting time to be part of the FullSpeed ​​team.Following a successful year with the acquisition of Kwik Kar and the Store of the Future model, FullSpeed ​​is a true leader in automotive aftermarket repair. I have truly stepped up as a leader in the industry.” Rob Lynch, CEO of Full Speed ​​Automotive. “We will continue to push the bar and deliver an even better experience for our franchisees and customers. This is just the beginning. In 2023, FullSpeed ​​has immense growth potential.”

One of FullSpeed’s biggest announcements for 2022 was the debut of the ‘Store of the Future’ model. It aims to highlight and enhance the customer experience while increasing franchisee efficiency. The exterior of the automotive aftermarket repair industry facilities has remained largely untouched for years, and all new models of both the full-speed Grease Monkey and SpeeDee are a revolutionary move to modernize the industry. It is Featuring a new modern design and artificial intelligence, the cutting-edge technology will begin beta testing in Q2 2023.

FullSpeed ​​Automotive’s achievements have not gone unnoticed. For the fifth year in a row, Grease Monkey (#6) and his SpeeDee Oil Change & Auto Service (#14) were recognized as his top franchises for veterans by Entrepreneur Magazine. Both brands also made it into Entrepreneur’s 2023 Franchise 500, with Grease Monkey at his No. 182 and SpeeDee at his No. 415, his seventh consecutive year and his fifth consecutive year, respectively.

FullSpeed ​​Automotive is looking to acquire talented and enthusiastic individuals seeking single, multi-unit and conversion opportunities. When a franchisee invests in his FullSpeed ​​Automotive brand, it is an organization with a strong culture, solid systems and a proven business model backed by a combined 70+ years of experience in providing quality car care in the industry. You are investing in Full Speed ​​Automotive’s acquisition strategy also played a key role in its nationwide expansion and remains a strong business center for growth.

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

About FullSpeed ​​Automotive®

FullSpeed ​​Automotive® is the largest franchisor and operator of automotive aftermarket repair facilities in the United States and is 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 targeting several desirable segments of the service market. The company’s strategic geographic footprint is over 900 franchised and company-owned locations, providing density in high-growth markets. In 2022, both Grease Monkey and SpeeDee are included in Entrepreneur’s prestigious Franchise 500 ranking.full speed headquarters Greenwood Village, ColoradoVisit www.fullspeedautomotive.com for more information.

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 over 490 Grease Monkey Auto Centers in the city. usa, China, Columbia, MexicoWhen Saudi ArabiaIn 2022, Grease Monkey has been named to Entrepreneur’s fastest growing franchise list, making the prestigious Franchise 500 ranking for the sixth year in a row. Grease Monkey is also proud to have received his five-star rating from VetFran, demonstrating his extraordinary commitment to “providing access and opportunity to franchises for the nation’s veterans and their spouses.” I’m thinking For more information, please visit www.greasemonkeyfranchise.com.

About SpeeDee Oil Change & Auto Service

Founded in 1980, SpeeDee Oil Change & Auto Service is a franchise-based, full-service auto care company headquartered in the United States. Greenwood Village, Colorado SpeeDee is a subsidiary of FullSpeed ​​Automotive®. There are over 185 of his SpeeDee Auto Centers around the world. usa and Mexico. In 2022, SpeeDee Oil Change & Auto Service was included in Entrepreneur’s prestigious Franchise 500 ranking for his fourth consecutive year. SpeeDee is also proud to have received his five-star rating from VetFran, demonstrating an extraordinary commitment to “providing our nation’s veterans and their spouses with franchise access and opportunity.” . For more information, please visit www.speedeeoilfranchise.com.

SOURCE FULL SPEED AUTOMOTIVE



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