FullSpeed Automotive, home to flagship brands Grease Monkey and SpeeDee Oil Change & Auto Service, announced the opening of four new corporate locations. These new stores will operate 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, the company says.
Last month, Grease Monkey says it 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).
The FullSpeed leadership team says it 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.”