FullSpeed Automotive Announces Expansion Plan for Phoenix Area
Oct. 17, 2022—FullSpeed Automotive has announced an expansion plan for the Phoenix area, according to a press release.
These plans will be implemented over the next two years. It started with the opening of the first corporate-owned Grease Monkey location in Arizona, found in Anthem. Two franchise agreements were also recently signed. By the end of 2024, FullSpeed plans to bring more than a dozen centers to the Phoenix area.
The Anthem location is the eighth Grease Monkey in Arizona, with seven franchised locations across the state. The newest Grease Monkey in Arizona will be opened by John and Lori Brannigan in Gilbert by the end of 2022. John Cloward will open a Grease Monkey in Gilbert in Spring 2023. Cloward has two existing Grease Monkey franchise locations in Peoria.
FullSpeed plans to continue to develop opportunities for Grease Monkey and SpeedDee, and there are plans to bring ten new locations to Arizona over the next two years, thanks to qualified franchise partners as well as strategic acquisitions.
“This year has been a very successful for both Grease Monkey and SpeeDee, and as we look toward the future, Arizona is a huge target market for our expansion efforts,” said Rob Lynch, Chief Executive Officer of FullSpeed Automotive via the press release. “FullSpeed has an aggressive growth strategy and as we continue to expand, our team has made it a focus to build strong brand awareness in these markets to help drive car counts to locations and increase franchisee profitability. The Phoenix area and the state of Arizona only currently have eight locations, and has great potential for growth.”