The Grease Monkey franchise has a high SBA loan default rate of 23%
Are you familiar with the Grease Monkey franchise opportunity? Please share a comment below.
That means that Grease Monkey franchise owners, some of whom may have collateralized their franchise loan with their house or other personal assets, were unable to repay their loans 23% of the time despite having a very serious incentive to do so.
Are you familiar with the Grease Monkey franchise opportunity?
What do you think accounts for the high SBA loan failure rates of Grease Monkey franchise owners?
What steps should Grease Monkey be taking to stop further franchise failures?
Please share a comment, opinion or insight below.
ARE YOU A GREASE MONKEY FRANCHISE OWNER OR FORMER FRANCHISEE? ARE YOU FAMILIAR WITH THE GREASE MONKEY FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
Tags: Grease Monkey, Grease Monkey franchise, Grease Monkey complaints, quick lube franchise, automotive franchise, franchise, franchise failure rate, auto franchise, worst franchise, sba failure rates, SBA franchise loans, franchise information, unhappy franchisee
David Rutkauskas was appointed to the Oklahoma Statewide Charter School Board in November, 2024. Sean Kelly, publisher…
Has DonutNV franchisee Lee Alcorn, of Woodstock, GA, ceased operation? If so, we wish Lee and…
Have Ridgefield, Connecticut DonutNV franchisees Michael Zeitz & Jane Zeitz ceased operations? If so, we…
Have Darlene & Luis Ortega discontinued operation of their DonutNV franchise business? If so, we’d like to…
In 2024, nearly all of the DonutNV staff turned over, including its celebrated President Scott…
Yesterday, I posted an article about DonutNV’s aggressive selling of deep-fried donuts, sugary toppings and…