FullSpeed Automotive, one of the nation’s largest franchisors and operators of automotive aftermarket repair facilities and home to flagship brands Grease Monkey and SpeeDee Oil Change & Auto Service, has announced the opening of four new corporate locations. These new stores will be operating under the Grease Monkey brand, bringing the brand’s total to almost 500 locations across the U.S. and internationally, inching closer to FullSpeed’s target development goal of 1,000 units by the end of 2023.
Last month, Grease Monkey opened two locations in Minnesota in White Bear Lake (4561 Lake Ave.) and Stillwater (1674 Market Drive). Coming this month, the company will be opening two Illinois locations in South Elgin (225 S. Randall Rd.) and Kankakee (1650 W. Court Street).
With soon to be 30 total open facilities across both states, there is vast whitespace for continued development. The FullSpeed leadership team sees prime opportunity for both Grease Monkey and SpeeDee in Minnesota and Illinois, looking to add 20 new locations to these markets over the next two years, aiming to grow both brands through qualified franchise partners and strategic acquisitions.
“The Midwest continues to prove ideal for our strategic expansion,” said Kevin Kormondy, Chief Executive Officer of FullSpeed Automotive. “We have seen strong performance and brand awareness throughout the Midwest, which will allow us to better penetrate these additional markets. These four corporate openings will further promote the need for quick lube services and solidify FullSpeed’s position as one of the nation’s largest automotive aftermarket services operators and franchisors.”
Looking forward to the rest of 2022, FullSpeed has some big initiatives planned, including an exciting announcement coming up later this year. In an effort to continue to innovate the automotive aftermarket industry and create a better experience for customers, FullSpeed will soon unveil its “Store of the Future” that will use all-new technology, hone in on the customer-experience, and create an environment the industry has not yet seen before.