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Updated RecentlySonic Drive In Franchise
Drive-in hamburger restaurant
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.
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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How much does it cost to open a Sonic Drive In Franchise?
The investment required to open a Sonic Drive In Franchise is between $1,242,000-$3,523,300. There is an initial franchise fee of $45,000 which grants you the license to run a business under the Sonic Drive In name.
Individual Unit Costs
- Initial Investment:
$1,242,000-$3,523,300 - Initial Franchise Fee:
$45,000 - Royalty Fee:
2.45-5% - Advertising Fee:
3% - Term of Agreement:
20 years - Renewal Fee:
10 years for $6K
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franchises similar to Sonic Drive In
SONIC Achieves Expansion Milestone with Drive-In in Alaska
You can add the fast-food chain Sonic
to the list of companies looking north to Alaska. Sonic announced it is
interviewing potential franchise owners for its plan to open 10 stores
in the state within the next seven years. The company would not say when
it plans to open its first Alask...
Sonic Forecasts 40-50 New Franchises In 2014
Sonic Corp. plans to open 40 to 50 franchise drive-in restaurants over the next fiscal year and will expand into new markets with additional franchising agreements, Cliff Hudson, chairman, CEO and president, told shareholders at the company's annual meeting Thursday.
"Franchise growth will become...
Sonic Turns To Technology To Enhance Personalized Service
Sonic executives provided a peek at some of its 2014 initiatives during the company's Q1 earnings call Monday afternoon, as well as a summary of initiatives that have been working so far. These efforts contributed to the quarter's 2.2-percent increase in systemwide same-store sales.
Like many of ...
Sonic Bolsters Corporate Leadership Lineup
SONIC welcomes four new members to its Oklahoma City corporate leadership group in a series of talent acquisitions designed to bolster the strategy and growth of the brand.
Clas Petersson, vice president of product and packaging
Bob Franke, senior vice president of field services � east region
...
Sonic Is On The Way To Post-recession Recovery, C E O Says
Sonic chairman and CEO Clifford Hudson knows the numbers, and although he may cringe, he certainly does not cower from the realities or the challenge.
After 22 consecutive years of same-store sales growth, Sonic's systemwide sales numbers declined in both fiscal years 2009 and 2010. The falling f...
Sonic Drive In News & Press Releases
When did Sonic Drive In start Franchising? 1959
United States: Nationwide
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
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
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.
Business Experience:
To calculate how much income a franchise owner can do at Sonic Drive In Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Sonic Drive In and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Sonic Drive In franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Sonic Drive In
Sonic Drive In Restaurants
300 Johnny Bench Dr.
Oklahoma City,
OK
73104
