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
Mark & Michele Schlossberg claim the PAINT Nail Bar franchise is “the opportunity of a…
Empower Brands acquired & immediately franchised four “incubation brands” (their term). Does that mean those…
Empower Brands promotes 10 home services franchise opportunities. Six brands require franchisees to focus full-time…
Former Sergeant of Marines Kyle De Santis, a disabled veteran, has lost his investment of…
DonutNV & Franchise Fastlane sold 276 DonutNV franchise territories to 130 franchisees in less than…
Franchise Truth for Veterans has issued a warning to Veterans and military families regarding the…