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Sonic Drive-In Restaurants

2014 Franchise 500
#26
At a Glance

Products & Services: Burgers, hot dogs, sandwiches, breakfast, beverages

Number of Locations: 3,534

Total Investment: $1.1M - $3.2M

Founded: 1953

Began Franchising: 1959

About Sonic Drive-In Restaurants

Sonic Drive In Restaurants began when Troy Smith purchased the Top Hat Drive-In, a root beer stand in Shawnee, Oklahoma. He expanded from there and teamed up with Charlie Pappe. They introduced the Sonic name and began franchising in 1959. At Sonic Drive In locations, patrons order hamburgers, fries, chicken, breakfast items, specialty drinks, desserts and more curbside in their cars from a speaker box.

Franchise Units

Year U.S. Canadian International Company Owned
2013 3,126 0 0 408
2012 3,005 0 0 438
2011 3,079 0 0 446
2010 3,103 0 0 458
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $1,112,300 - $3,246,200
Franchise Fee: $45,000
Ongoing Royalty Fee: 2-5%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $1,000,000
Liquid Cash Available: $1,000,000
Operations
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..
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 11 weeks. Additional training available : 1 day to 1 week.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #26 (2014), #52 (2013), #80 (2012), #22 (2010),
Fastest-Growing: #21 (2014), #13 (2010),