Million Snacks vs Sonic Drive In Franchise Comparison

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

Start-Up Costs and Fees
 
Million Snacks Franchise
Sonic Drive In Franchise
Investment $109,050 - $302,000$1,242,000 - $3,523,300
Franchise Fee $2,000$45,000
Royalty Fee 5%2.45-5%
Advertising Fee 1%3%
Year Founded 20091954
Year Franchised 20091959
Term Of Agreement 7 years20 years
Term Of Agreement 7 years20 years
Renewal Fee -10 years for $6K


Business Experience Requirements
 
Million Snacks Franchise
Sonic Drive In Franchise
Experience
  • General business experience

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

    Financing Options
     
    Million Snacks Franchise
    Sonic Drive In Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/YesNo/Yes
    Payroll No/YesNo/Yes

    Training & Support
     
    Million Snacks Franchise
    Sonic Drive In 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 Regional AdvertisingCo-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
     
    Million Snacks Franchise
    Sonic Drive In Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Million Snacks

    At Million Snacks our mission is to give everyone an opportunity to own their own business while securing their future and financial goals. We know that taking the plunge into owning a business can be difficult, especially after layoffs or career changes. One of the most successful ways to maneuver into owning a business is through franchising. With that in mind, Million Snacks has perfected their franchise model to make it one of the most affordable in the industry. When you compare a Million Snacks Franchise Opportunity to some of the most popular fast food eateries on the market, we have the lowest franchising fee, lowest royalty fee in the snack food industry, and low startup costs. We have purposely made our franchise model MUCH more affordable. Why pay more to make your business dreams a reality, and to get your financial goals heading in the right direction? Why pay more than you need to when a Million Snacks Franchise offers you
    - A quality menu that provides much healthier alternatives to the average junk food sold by our competitors.
    - Startup cost flexibility using Express and Standard Models to create the size service store you want.
    - Assistance and training in your franchise.
    If you're ready to start, we're ready to show you how... with a proven system that works!
    We guide you through the process and offer the support you need in order to help you succeed.

    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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