FullSpeed Automotive Drives Florida Development with Three-Unit Signed Agreement

March 17, 2024

Multi-Unit Agreement Paves Way for New Grease Monkey Openings, Expanding Statewide Development

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®, has announced the recently signed agreements for three Grease Monkey locations in Florida, building on strong development for the brand. The first location recently opened at 1950 Dundee Rd., Winter Haven, Florida. A second location, in Dundee, is projected to open in April; and the third location, in Auburndale, is projected to open in May.

Behind the three-unit Grease Monkey agreement is Goran Mladen. Originally from New York, Mladen comes from the real estate investment world. Searching for a recession proof business, he found the opportunity to invest in Grease Monkey. Mladen felt FullSpeed’s brands had the greatest chance for success and was impressed with their training and support programs. Now, he is on the fast track to having three full-service locations open in Polk County, Florida, with each location including a self-serve car wash option.

“When researching the Grease Monkey franchise opportunity, I was immediately impressed by the support team and the success potential of each store,” said Mladen. “It’s exciting to be opening my first Grease Monkey location in the area I’ve called home since 2015.  I’ve seen, firsthand, the need for more automotive services in the area, and I can’t wait to see my first location succeed and provide this new service to my community.”

Mladen looked around Florida for real estate deals that included the sale of existing lube shops. This has allowed him to invest in multiple locations with Grease Monkey, and have them up and running swiftly. With one already open, he has two more under construction in the area, and is interested in investing in more units to open in Daytona Beach, Ormond Beach, and Palm Coast, Florida, in the future.

As the auto care industry is expected to grow nearly 25%, and reach $477.6 billion by 2024, according to the Auto Care Association’s most recent research study, 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 80+ years of experience in providing quality car care in the industry.

For more information, call 800-364-0352.