Sonic Drive In vs Habit Burger Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Sonic Drive In vs Habit Burger including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$1,242,000 - $3,523,300 | $1,231,000 - $1,654,000 |
Franchise Fee |
$45,000 | $35,000 |
Royalty Fee |
2.45-5% | - |
Advertising Fee |
3% | - |
Year Founded |
1954 | 1969 |
Year Franchised |
1959 | 2013 |
Term Of Agreement |
20 years | - |
Term Of Agreement |
20 years | - |
Renewal Fee |
10 years for $6K | - |
Business Experience Requirements |
Experience |
Industry experience General business experience If no industry experience, must have an operating equity partner | - |
Financing Options |
|
In-House/3rd Party | In-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 |
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 |
US Expansion |
Yes | Yes |
Canada Expansion |
No | - |
International Expansion |
No | Yes |
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.
#91 on Franchise Rankings.com
#4 in Franchise 500 for 2020.
#28 in Franchise 500 for 2021.
About Habit Burger
From our humble beginning in Santa Barbara, California in 1969 to more
than 240 Habit Burger Grill restaurants in communities across the
country today, we have always continued to operate under the same simple
philosophy: always deliver high-quality food and great service at
reasonable prices. The Habit is a burger-centric fast casual restaurant
that uniquely combines chargrilling over an open flame to create a
delicious variety of fresh and flavorful award-winning burgers,
sandwiches, salads and more. At the core of The Habit is our commitment
to a ‘quality-first’ mindset. We call it ‘The Habit Difference’.
The total investment necessary to begin operation of a Habit Burger
Restaurant franchise is $1,231,000 to $1,439,000 for a restaurant with
no drive-thru, $1,366,000 to $1,604,000 for a restaurant at an end-cap
location with a drive-thru, and $1,401,000 to $1,654,000 for a
restaurant at a standalone location with a drive-thru. This includes
$53,000 to $60,000 that must be paid to the franchisor or affiliate.
The
total investment necessary to begin operation under an Area Development
Agreement is $52,000 to $275,000. This includes $50,000 to $250,000
that must be paid to the franchisor or affiliate.