The ownership of seven Grease Monkey stores in Arizona and Colorado have been signed over to Oilex Operating, LLC, the brand’s largest franchisee group, according to a press release.
Oilex President Ron Morrow, Jr. has been involved with the Grease Monkey brand for decades, his father having once been the largest franchisee of the brand.
Following the sale of his father’s locations to corporate, Morrow continued to work for the company as its vice president of retail operations, before purchasing his own Grease Monkey store in 2021. By June 2023, Morrow become a member of Grease Monkey’s largest franchisee group.
Following a signed agreement that will transfer seven stores to Oilex, the company now operates 23 Grease Monkey stores. It has plans to further its expansion efforts throughout Colorado, Arizona, and Utah.
“I’ve grown up around the Grease Monkey business and have been presented the opportunity to both continue what my father started years ago and help build the brand that our family holds a steep belief in,” Morrow stated. “The quick lube industry is consistently growing at a rapid pace. Oilex Operating, LLC is thrilled to be a part of Grease Monkey and participate in the progressive growth.”
