Sonic Drive-In Franchise Analysis (Updated 2019)

Franchisor Name

Sonic Drive-In

Year Founded

2011

Minimum Liquid Cash Required

$20,000

Renewal Term

5

Minimum Investment

$1,023,000

Initial Term

10

CEO

Jonathan Fitzpatrick

Parent Company

Driven Brands

Number of Franchise Units

Unknown

Minimum Initial Franchise Fee Payable

$45,000

Royalty Fees (typically as % of revenue)

Maximum Investment

$1,765,000

Industry

Hot Dogs

Number of Franchisor Lawsuits

0

Number of Director Bankruptcies

0

Maximum Initial Franchise Fee Payable

$45,000

Advertising Fees (typically as % of revenue)

Minimum Net Worth Required

$115,000

Distribution of Sonic Drive-In Franchisees