What should you expect? Well, according to industry reports, the average Sonic does $1,345,000 in sales and 11% EBITDA (profit) margins. Therefore, you could expect to make nearly $148,000 per Sonic location before paying for above store expenses.2020-02-06
How much does it cost to own a Sonic franchise?
Name of Fee Low High
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Franchise Fee $22,500 $45,000
Payroll $56,000 $137,500
Training, Travel and Living Expenses while Training $5,000 $33,500
A-Team Trainers $48,000 $92,000
What is Sonic's net worth?
Sonic's headquarters in Oklahoma City United States.
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Is Sonic independently owned?
SONIC's Parent Company SONIC is owned by Atlanta's Inspire Brands, a privately held multi-brand restaurant franchise organization with a footprint approaching 10,000 units across its Arby's, Buffalo Wild Wings, SONIC Drive-In brands.
Is Sonic a good franchise?
SONIC is more than an iconic brand; we are a solid franchise investment focused on the future and backed by visionary leadership, robust national advertising power and operational excellence. There has never been a better time to become a SONIC franchisee.