Sonic Drive In vs Dino's Gyros Franchise Comparison

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

Start-Up Costs and Fees
 
Sonic Drive In Franchise
Dino's Gyros Franchise
Investment $1,242,000 - $3,523,300$482,000 - $613,000
Franchise Fee $45,000$30,000
Royalty Fee 2.45-5%4%
Advertising Fee 3%2%
Year Founded 1954-
Year Franchised 1959-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 10 years for $6K-


Business Experience Requirements
 
Sonic Drive In Franchise
Dino's Gyros Franchise
Experience
  • Industry experience
  • General business experience
  • If no industry experience, must have an operating equity partner
    		• Owner and Operator � Dino's Restaurant looks for individuals who are willing to commit their full time best efforts toward operating a Dino�s Restaurant. We are interested in people with a proven record of success, whether in your own business or working for a corporation. Supervisory, managerial, and food service experience is desirable. The most important assets are organizational skills, people skills, work ethic, enthusiasm, dedication, integrity and adherence to the standards of Dino's Restaurants.

    Financing Options
     
    Sonic Drive In Franchise
    Dino's Gyros Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Sonic Drive In Franchise
    Dino's Gyros Franchise
    Training On-The-Job Training: 400 hours Classroom Training: 24 hours Additional Training: At existing franchise location Before the opening of your business we will provide you with a hands-on training course for your management team. A Training & Operations Consultant will be available to help you coordinate staff training both before and after opening. You will be given a series of operations manuals covering everything you need to know.
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform Franchisees enjoy the ongoing support of Dino's operations and marketing experts, who will help you maintain the quality control that is so crucial to customer � and owner � satisfaction.
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app Beginning with your Grand Opening, you will receive assistance planning your advertising and marketing.
    Operations 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
     
    Sonic Drive In Franchise
    Dino's Gyros Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    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.

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    #4 in Franchise 500 for 2020.
    #28 in Franchise 500 for 2021.




    About Dino's Gyros

    Dino's Gyros have over 25 years of experience and offer a well known and recognized brand name. Dino's Gyros is known for their great tasting gyros and Greek food. On top of their fabulous tasting gyros, they are involved in their communities through events and promotions. The restaurant currently operates in the area around Minneapolis and within the state. The restaurant prepares authentic Greek meals which offer customers a meal reflecting the taste styles of the Greek with American additions to their menus.