Sonic Drive-In Franchise For Sale
Sonic Drive-In Franchise Opportunities
Sonic Drive-In, more commonly known as Sonic, is an American drive-in fast-food restaurant chain based in Oklahoma City, Oklahoma. In 2011, it was ranked 10th in QSR Magazine's rankings of the top 50 quick-service and fast-casual restaurant brands in the nation. As of August 31, 2018, the company operated 3,606 Sonic Drive-Ins in 45 states, including 3,427 Drive-Ins owned and operated by franchisees; and 179 Drive-Ins owned and operated by the company.
Sonic's menu consists of hamburgers and French fries, as well as onion rings, corn dogs, chili dogs and breakfast toaster sandwiches. Drink options include soft drinks, slushes, and milkshakes. Customers can combine various drinks and flavors to create thousands of possible drink combinations.
How much does the Sonic Drive-in franchise cost?
Potential franchisees must meet the Sonic Drive-in franchise’s financial requirements. There is a lump-sum fee of $45,000 that has to be paid upfront. The estimated initial investment varies from $865,000 to $3,641,300. The brand requires all candidates to have a net worth of $1,000,000 and available liquid capital no less than $500,000. The Sonic Drive-in franchise cost includes advertising funds for national marketing campaigns, training, equipment, insurance, site work, and so on. The brand strives to provide the best customer experience, and looks for candidates that are financially and mentally prepared to become a part of the Sonic Drive-in team.
Initial investments: $865,000 - $3,641,300
Net-worth Requirement: $1,000,000 - $2,000,000
Liquid Cash Requirement: $500,000 - $1,000,000
Initial Franchise Fee: $45,000
Ongoing Fee: 2.45 - 5%
Ad Royalty Fee: 3.25 - 5%
On-The-Job Training: 400 hours
Classroom Training: 24 hours
Additional Training: At existing franchise location
Number of Employees Required to Run: 25
Sonic Drive-In Franchise Info: https://sonicfranchises.com
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Starting investments from:$865,000
- Company foundation year:1953
- Year of launching the franchise1959
- Franchise enterprises:3365
- Corporate Address:300 Johnny Bench Dr. Oklahoma City, OK 73104, USA