The franchise fee for opening a SONIC Drive-In is $45,000, with a total investment for a traditional SONIC ranging from $1.02 million to $1.77 million (excluding land). The net worth of a partner can be used toward the total net worth/liquidity requirements.
Group: FAQ Page
What type of agreements does SONIC offer?
SONIC offers a traditional 20-year term, plus a 10-year renewal.
How do I qualify financially?
You must have liquid assets of approximately $500,000 and a total net worth of $1 million to qualify to open one to two units.
What is SONIC looking for in a franchisee?
Besides the financial ability to open a SONIC, a variety of attributes make the ideal SONIC franchisee: strong business acumen; restaurant experience and/or franchise experience, preferably as a multi-unit operator; a people person; and someone deeply involved in their local community.
