Sonic Drive In vs Valentine Restaurant Franchise Comparison

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

Start-Up Costs and Fees

 
Sonic Drive In Franchise
Valentine Restaurant Franchise
Investment $1,242,000 - $3,523,300$225,000 - $275,000
Franchise Fee $45,000$25,000
Royalty Fee 2.45-5%5%
Advertising Fee 3%2.5%
Year Founded 19541979
Year Franchised 19591979
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 10 years for $6K-


Business Experience Requirements

 
Sonic Drive In Franchise
Valentine Restaurant Franchise
Experience
  • Industry experience
  • General business experience
  • If no industry experience, must have an operating equity partner
  • -

    Financing Options

     
    Sonic Drive In Franchise
    Valentine Restaurant 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
    Valentine Restaurant Franchise
    Training On-The-Job Training: 400 hours Classroom Training: 24 hours Additional Training: At existing franchise location -
    Support Purchasing 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 Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app -
    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
    Valentine Restaurant Franchise
    US Expansion Yes-
    Canada Expansion NoYes
    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.

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




    About Valentine Restaurant

    The restaurant industry is known to be one of the most competitive fields to enter. If you wish to enter the market in the restaurant field, you should hence partner with an organization that has already been proven to be successful. Valentine, with a solid reputation in the Quebec fast food industry since 1979, presents a judicious and profitable choice. Valentine has a recognized presence across Quebec, and has developed over the years, distinguished expertise and operational methods that have benefited the entire network. Constantly innovating and in tune to the market trends, Valentine is a young and dynamic enterprise that is always on top of its game. Why wait to join? Partner now with a winning organization and succeed in business!
     
    At Valentine, our business model and the relationship of trust that we’ve forged with our franchisees are the keys to our success. Over the years Valentine has acquired a solid expertise and effective operational procedures that benefit its entire franchise network throughout Quebec.