Sonic Drive-In
#3 Franchise 500| Burgers, hot dogs, chicken sandwiches, breakfast, ice cream, beverages
My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

广东快乐十分走势图:

About
Founded

深圳风采46期 www.t12ui.cn 1953

Franchising Since

1959 (60 Years)

Corporate Address

300 Johnny Bench Dr.
Oklahoma City, OK 73104

CEO

Claudia San Pedro

Parent Company

Sonic Corp.

Ticker Symbol

SONC

Financial Requirements
Initial Investment

$865,000 - $3,641,300

Definition: The minimum net worth a person must have in order to qualify to become a franchisee.

Explainer: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts and real estate. Liabilities include items like mortgages, car payments and credit card debt.">Net-worth Requirement

$1,000,000 - $2,000,000

Definition: The minimum liquid capital a person must have available in order to qualify to become a franchisee.">Liquid Cash Requirement

$500,000 - $1,000,000

Ongoing Fees
Definition: The initial fee paid to a franchisor to join their system.

Explainer: May be a flat fee, or may vary based on territory size, experience or other factors.

The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the contract and covers the right to use the franchisor's trademarks, name and related business systems.">Initial Franchise Fee

$45,000 - $45,000

Ongoing Royalty Fee

2.45-5%

Ad Royalty Fee

3.25-5%

Financing Options

Sonic Drive-In has relationships with third-party sources which offer financing to cover the following: ?franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Email marketing

Loyalty program/app

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 is ranked #3 in the Franchise 500!
Bio
Sonic first opened in 1953 as Top Hat Drive-In in Shawnee, Oklahoma, with Troy Smith Sr. at the helm. He later partnered with Charlie Pappe and they began franchising in 1959 under the Sonic Drive-In name. Sonic's car-hops deliver burger, hot dogs, chicken sandwiches, tater tots, onion rings, fries, drinks, desserts and breakfast to customers.
Cost
Initial Investment: Low - $865,000 High - $3,641,300
Units
+1.0%+36 UNITS (1 Year) +2.1%+75 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

5 of the Best Fitness Franchises You Can Buy in 2019

Here are five gym and workout businesses that you can invest in.

How to Buy an Existing Franchise (60-Second Video)

Here are three strategies for buying an existing franchise rather than starting from scratch.

This Franchise's Publicist Loved the Company So Much, She Became a Franchisee

After years representing franchises, Ellie Lamonaca fell hard and fast for Conserva Irrigation.

Some Do's and Don'ts for a Franchise to Become Successful

While the model and market are rapidly evolving with time, there are certain do's and don'ts that still remains and means the same for business investors

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: March 11th, 2019
589| 958| 54| 416| 848| 661| 903| 543| 836| 935|