Grease Monkey Holding Corporation is engaged in the business of owning operating, leasing, managing and franchising automotive fast service lubrication and oil change centers. Grease Monkey Centers provide the automobile user with convenient preventative fluid maintenance services. In about ten minutes, without an appointment, Grease Monkey service technicians change the oil, install a new oil filter, lubricate the chassis, adjust tire pressure, wash windows and vacuum the interior of an automobile. At the same time, all fluid levels are checked and topped off, if necessary. Grease Monkey Centers also offer transmission fluid changes, differential fluid changes, radiator flushes, air conditioning recharges, automotive light bulb replacement, an oil additive package, and will replace air filters and install new wiper blades. As of January 31, 1999, the Company owned and operated a total of 31 Grease Monkey Centers and owned additional two Centers, which are operated by a third party. (Source: 10KSB)