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Below is an in-depth analysis and side-by-side comparison of Sonic Drive In vs Babaz including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $1,242,000 - $3,523,300 | N/A |
Franchise Fee | $45,000 | N/A |
Royalty Fee | 2.45-5% | - |
Advertising Fee | 3% | - |
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 |
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Experience | - | |
Financing Options |
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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 |
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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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Looking for an investment opportunity that will allow you to operate your own business with financial success? Babaz, a growing company offers you the best of both worlds as well as financial security to help build your future. Babaz is always looking for ambitious and hard working people to become part of our growing team. Why Join Us? An investment in your future Highly developed retail marketing plans Effective and coordinated advertising Streamlined central supply source Comprehensive training program: theoretical, practical and on-site Knowledgeable field support team Site selection and lease negotiations Sell both services and products for complimentary profits Flat-rate royalty Food industry is recession proof Constant cash flow Over 50 years of combined experience Our winning team!