Tables
Create a tables and use them in your posts
- Sonic Home Table
- Financial Requirements
- Sonic Item 7
- Growth Markets
- Item 19 – 1 – For 12 months ended 08/31/15
- Item 19 – 2 – For 12 month period ended 8/31/15 for Traditional Franchises
- Item 19 – 3 – Average Gross Sales & Certain Expenses
- Item 19 – 4 – Statement of Potential EBITDAR
| Number of Restaurants | Financial Liquidity | Net Worth |
|---|---|---|
| 1-2 SONICs | $500,000.00 | $1,000,000.00 |
| 3-4 SONICs | $1,500,000.00 | $2,000,000.00 |
| 5+ SONICs | $2,000,000.00 | $2,000,000.00 |
| Financial | Liquidity | Net Worth |
|---|---|---|
| 1 - 2 Units | $500,000.00 | $1 Million |
| 3 - 4 Units | $1.5 Million | $2 Million |
| 5+ Units | $2 Million | $2 Million+ |
| Type of Expenditure | Estimated Low (USD) | Estimated High (USD) | Method of Payment | When Due | To Whom Payment is to be Made |
|---|---|---|---|---|---|
| Franchise Fee | 45000 | 45000 | Lump Sum | At Signing of License Agreement | Sonic |
| Payroll | 13000 | 47000 | As Incurred | During Training and Pre-Opening | Your Employees |
| Training, travel and Living Expenses while Training |
41000 | 72000 | As Incurred | During Training | Hotels, Restaurants and Airlines |
| A-Team Trainers | 54000 | 97000 | As Incurred | During Pre-Opening and Post-Opening | SISI |
| Advertising Funds | 10000 | 25000 | As Incurred | Pre-Opening Period | Suppliers |
| Beginning Invertory | 30000 | 120000 | Lump Sum | Prior to Opening | Suppliers |
| Security Deposits, impact fees for utilities, utility deposits, business license and other prepaid expenses |
10000 | 150000 | Lump Sum | Prior to Opening | Suppliers |
| Insurance Premiums | 13000 | 22000 | Lump Sum | Prior to Opening | Suppliers |
| Additional Funds (Three Months) |
5000 | 10000 | As Incurred | Prior to Opening and Monthly | Suppliers |
| Land 8 | Variable | Variable | See Note 8 | See Note 8 | See Note 8 |
| Building and Site Work | 526000 | 808000 | See Note 8 | See Note 8 | See Note 8 |
| Equipment, Point-Of-Sale System ("POS") and Digital Menu Housings ("POPS") 9 |
261000 | 329000 | See Note 9 | See Note 9 | Suppliers |
| Sonic Sign10 | 15000 | 40000 | See Note 10 | See Note 10 | Suppliers |
| TOTAL ESTIMATED INITIAL INVESTMENT (plus land costs) 11 |
1023000 | 1765000 | |||
| Optional - Indoor Seating | 100000 | 150000 | See Note 11 | See Note 11 | Suppliers |
| Alabama *C-Stores/Travel Plazas/small townsBirminghamMontgomeryDothan | AlaskaAnchorageFairbanksJuneau |
| ArizonaLake Havasu | Arkansas *C-Stores/Travel Plazas/small townsLimited Availability |
| CaliforniaSan FranciscoSanta BarbaraVentura CountySan Fernando ValleySanta Clarita | Colorado *C-Stores/Travel Plazas/small townsLimited Availability |
| ConneticutLimited Availability | DelawareStatewide Opportunities |
| District of ColumbiaWashingtonHagerstown | FloridaJacksonvilleTallahasseeOrlandoPalm BeachMelbourneTampaSt. Petersburg |
| GeorgiaAtlantaAlbanyColumbusThomasville | HawaiiNot Available |
| Idaho *C-Stores/Travel Plazas/small townsLimited Availability | IllinoisStatewide Opportunities |
| IndianaIndianapolisSouth BendElkhartFort WayneTerre HauteEvansville | IowaStatewide Opportunities |
| Kansas *C-Stores/Travel Plazas/small townsVery Limited Availability | Kentucky *C-Stores/Travel Plazas/small townsLimited Availability |
| Louisiana *C-Stores/Travel Plazas/small townsLimited Availability | MaineStatewide Opportunities |
| MarylandBaltimoreSalisbury | MassachusettsStatewide Opportunities |
| MichiganDetroitFlintSaginawBay CityTraverse CityCadillacLansingBattle CreekGrand RapidsKalamazoo | MinnesotaStatewide Opportunities |
| Mississippi *C-Stores/Travel Plazas/small townsLimited Availability | Missouri *C-Stores/Travel Plazas/small townsLimited Availability |
| MontanaMissoulaButteBozemanHelenaBillings | Nebraksa *C-Stores/Travel Plazas/small townsLimited Availability |
| NevadaRenoLaughlin | New HampshireStatewide Opportunities |
| New JerseyStatewide Opportunities | New Mexico *C-Stores/Travel Plazas/small townsVery Limited Availability |
| New YorkNew York CityPlattsburghRock Island | North CarolinaCharlotteGreensburgHigh PointWinston SalemGreenvilleNew BernWilmington |
| North DakotaStatewide Opportunities | OhioCincinnatiClevelandToledoColumbusAkronYoungstown |
| Oklahoma *C-Stores/Travel Plazas/small townsVery Limited Availability | OregonPortlandEugeneSalemBendMedford |
| PennsylvaniaStatewide Opportunities | South CarolinaGreenvilleSpartanburgAshevilleCharleston |
| Rhode IslandLimited Availability | Tennessee *C-Stores/Travel Plazas/small townsChattanoogaNashville |
| South DakotaSioux FallsRapid CityAberdeenPierre | Utah *C-Stores/Travel Plazas/small townsVery Limited Availability |
| Texas *C-Stores/Travel Plazas/small townsVery Limited Availability | VirginiaLimited Availability |
| VermontStatewide Opportunities | West VirginiaLimited Availability |
| WashingtonWalla WallaSeattleYakimaPasco | Wyoming CheyenneScottsbluffCasper |
| WisconsinStatewide Opportunities |
| Number of Sonic Restaurants in group | Average Gross Sales (USD) | Gross Sales Range (USD) | Percent of Sonic Restaurants that Attained or Surpassed the Average Gross sales (%) | Number of Sonic Restaurants that Attained or Surpassed the Average Gross Sales | |
|---|---|---|---|---|---|
| 380 | 1119 | 576 to 2,347 | 45 | 170 | |
| Franchise Sonic Restaurants | 3062 | 1262 | 213 to 4,176 | 43 | 1302 |
| 3,442 | 1,246 | 213 to 4,176 | 42 | 1,472 |
| Gross Sales (USD) in thousands | Number of Drive-Ins | Drive-ins at this Level (%) | Average Gross Sales (USD) | Percent of Drive-Ins that Attained or Surpassed the Average gross Sales (%) | Number of Drive-Ins that Attained or Surpassed the Average Gross Sales |
|---|---|---|---|---|---|
| 2,000 and above | 212 | 7 | 2326 | 36 | 77 |
| 1,750 to 2,000 | 222 | 7 | 1862 | 46 | 103 |
| 1,500 to 1,750 | 349 | 11 | 1614 | 48 | 167 |
| 1,250 to 1,500 | 535 | 18 | 1369 | 50 | 266 |
| 1,000 to 1,250 | 776 | 26 | 1119 | 49 | 380 |
| 750 to 1,000 | 682 | 22 | 883 | 52 | 355 |
| Below 750 | 268 | 9 | 659 | 61 | 164 |
| Total | 3,044 | 100 | 1,265 | 43 | 1,302 |
| Average (USD) | Percent of Gross Sales (%) | Percent of Sonic Drive-Ins that Attained or Surpassed Average (%) | Number of Sonic Drive-Ins that Attained or Surpassed the Average | ||
|---|---|---|---|---|---|
| Gross Sales | 1119 | 100 | 45 | 171 | |
| Cost of Sales | 316 | 28 | 44 | 167 | |
| Direct Labor | 246 | 22 | 44 | 167 | |
| Management Compensation | 40 | 4 | 47 | 179 | |
| Payroll Taxes and Benefits | 50 | 4 | 45 | 171 | |
| Total Labor | 336 | 30 | 44 | 167 | |
| Gross Profit | 467 | 42 | 46 | 175 | |
| Advertising | 56 | 5 | 45 | 171 | |
| Utilities | 39 | 4 | 45 | 171 | |
| Other Controllables | 71 | 6 | 46 | 175 | |
| Total Controllables | 166 | 15 | 48 | 182 | |
| Operating Profit before Occupancy Costs (excluding rent, royalty and other fees payable to Sonic, depreciation and amortization, interest, income taxes and legal & administrative expenses) |
301 | 27 | 44 | 167 | |
| Average Gross Sales (USD) | Number of Drive-Ins In Group | Average EBITDAR | Percent of Sonic Drive-Ins that Attained or Surpassed EBITDAR | Number of Sonic Drive-Ins that Attained or Surpassed Average EBITDAR |
|---|---|---|---|---|
| 1.2 Million | 3374 | 227760 | 43% | 1455 |
| 1.9 Million (Highest 20%) | 675 | 422590 | 44% | 300 |
| 0.75 Million (Lowest 20%) | 675 | 79780 | 53% | 360 |