Hardee's vs Sonic Drive In Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hardee's vs Sonic Drive In including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Hardee's Franchise
Sonic Drive In Franchise
Investment $1,454,000 - $2,046,000$1,242,000 - $3,523,300
Franchise Fee $25,000 - $35,000$45,000
Royalty Fee 4%2.45-5%
Advertising Fee 5.5%3%
Year Founded 19611954
Year Franchised 19621959
Term Of Agreement 20 years20 years
Term Of Agreement 20 years20 years
Renewal Fee Varies10 years for $6K


Business Experience Requirements

 
Hardee's Franchise
Sonic Drive In Franchise
Experience
  • Industry experience
  • General business experience
  • Preferable operational experience in a restaurant, but will consider people who have owned their own business

  • Industry experience
  • General business experience
  • If no industry experience, must have an operating equity partner

  • Financing Options

     
    Hardee's Franchise
    Sonic Drive In Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support

     
    Hardee's Franchise
    Sonic Drive In Franchise
    Training Available at franchisee's location, 8 weeks management training & at grand openingOn-The-Job Training: 400 hours Classroom Training: 24 hours Additional Training: At existing franchise location
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperativesPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app
    Operations Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit

    Absentee ownership of franchise is NOT allowed.

    International franchisees required to buy multiple units/master licenses; 60% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 25

    Absentee ownership of franchise is NOT allowed.


    Expansion Plans

     
    Hardee's Franchise
    Sonic Drive In Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Hardee's

    Hardee's was founded in 1960 by Wilbur Hardee and has grown to more than 2,000 restaurants around the world. CKE Restaurants acquired Hardee's in 1997 and now, along side Carl's Jr., Hardee's is part of one powerful concept with two global banners. Hardee's is a platform for success for operators around the world. Over the years, Hardee's has continued its growth with an emphasis on quality, service, and cleanliness, pioneering concepts such as partial table service and self-serve beverage bars. The introduction of our Fresh Baked Buns™ in 2013 and our All Natural Burger™ in 2015 confirm our constant emphasis on product innovation and represent our focus on satisfying the tastes of young, hungry consumers.

    ""    "Entrepreneur

    "franchiserankingscom"
    #74 on Franchise Rankings.com
    #79 in Franchise 500 for 2020.
    #269 in Franchise 500 for 2021.






    About Sonic Drive In

    Sonic Industries Inc. was founded in 1973. In 1974, Sonic acquired the name 'Sonic Drive-In' from Troy Smith, Sr., and began franchising. Smith used his more than 15 years of experience in the restaurant business to develop and operate the Sonic franchise program. A wholly owned subsidiary of Sonic Corp., the company is based in Oklahoma City, Oklahoma, and has locations throughout the United States. The company's storefronts recently got a facelift to give them a 'retro-futuristic' look.

    Your estimated initial investment necessary to begin operation of a Traditional Sonic Drive-In franchise ranges from approximately $1,242,200 to $3,537,700 plus land costs and includes the $45,000 franchise fee that must be paid to Sonic.
    Your estimated initial investment necessary to begin operation of a Non-Traditional Sonic franchise ranges from approximately $361,900 to $978,700 and includes the $22,500 franchise fee that must be paid to Sonic.

    "franchiserankingscom"     "Entrepreneur
    #91 on Franchise Rankings.com
    #4 in Franchise 500 for 2020.
    #28 in Franchise 500 for 2021.