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Sonic Drive-In
Quick-service drive-in restaurant
Keeping the drive-in burger joint alive sounds like a good idea to this company. Sonic Corp. operates the largest chain of quick-service drive-ins in the U.S., with more than 3,500 locations. The eateries offer a menu of hamburgers, chili cheese hot dogs (Coneys), onion rings, and tater tots, along with breakfast burritos, wrap sandwiches, and frozen desserts. Most locations offer drive-thru service and a few have indoor seating.
2011 AllStar Rank: 102
2010 AllStar Rank: 38
2009 AllStar Rank: 41
Full Disclosure Award
This company gets a nod for disclosing financial performance representations in Item 19 of its Franchise Disclosure Document (FDD). For an explanation of why this is important, read The Importance of Item 19 in the Franchise Disclosure Document.
2010 AllStar Rank: 38
2009 AllStar Rank: 41
Full Disclosure Award
This company gets a nod for disclosing financial performance representations in Item 19 of its Franchise Disclosure Document (FDD). For an explanation of why this is important, read The Importance of Item 19 in the Franchise Disclosure Document.
AllStar Franchise
AllStar Rank:
65
See All AllStar Franchises
Sonic Drive-In
300 Johnny Bench Drive
Oklahoma City, OK 73104
800-569-6656
Fast Facts
| Year established | 1953 |
| Franchising since | 1959 |
| Can be run from home? | No |
| Number of employees needed | 40 - 70 |
| Item 19 Financial Performance Representation? | Yes |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2011 | 3,114 | 0 | 445 |
| 2010 | 3,106 | 0 | 452 |
| 2009 | 3,084 | 0 | 476 |
Expanding in These Locations
United States
Costs
| Total Investment | $710,000 - $3,000,000 |
| Franchise Fee | $45,000 |
| Royalty Fee | 4% - 5% |
Financial Requirements
| Net Worth | $1,000,000 |
| Liquid Capital | $1,000,000 - $2,000,000 |
Franchisee Qualifications
Prior successful restaurant experience
Strong entrepreneurial skills
Financing
| Does franchisor offer financing? | No |
| Is franchisor on the SBA's Franchise Registry? | Yes |
| Is franchisor a member of the IFA's VetFran program? | No |
Financing Assistance
Franchisor does not provide financing, but can offer referrals to third-party sources
AllStar Franchise
AllStar Rank:
65
See All AllStar Franchises
Sonic Drive-In
300 Johnny Bench Drive
Oklahoma City, OK 73104
800-569-6656
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Sonic Corp.
Keeping the drive-in burger joint alive sounds like a good idea to this company. Sonic Corp. operates the largest chain of quick-service drive-ins in the U.S., with more than 3,500 locations. The eateries offer a menu of hamburgers, chili cheese hot dogs (Coneys), onion rings, and tater tots, along with ...
| Company Type: | Public |
| Employees: | 19,357 |
| 1 Year Employee Growth: | - 4.8% |
| Executives: | J. Clifford (Cliff) Hudson, Chairman and CEOW. Scott McLain, President, Sonic Corp. and Sonic IndustriesWilliam T. (Bill) Pierquet, VP SRI Development |
| Rankings: | S&P 600, |
| Sales: | $770,500,000 |
| 1 Year Sales Growth: | 11.1% |
| Net Income: | $64,200,000 |
| 1 Year Net Income Growth: | - 18.4% |
| See More Financials | |
| Industries: | Fast-Food & Quick-Service Restaurants |
| See More Industries | |
| Top Competitors: | Burger KingMcDonald'sWhataburger |
AllStar Franchise
AllStar Rank:
65
See All AllStar Franchises
Sonic Drive-In
300 Johnny Bench Drive
Oklahoma City, OK 73104
800-569-6656
