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Sonic offers two kinds of the franchise: the traditional and non-traditional. Traditional Sonic franchise cost ranges from $1,023,000 to $1,765,000. This cost covers the things that you will need to start your own Sonic business such as franchise fee, equipment, inventory, and the building and site work (land excluded).
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The franchise fee for a single unit is $45,000, with a total estimated SONIC franchise cost ranging from $865,000 to $3.64 million (excluding land). The net worth of a partner can be used toward the total net worth/liquidity requirements. The term of a traditional SONIC franchise is 20 years, plus a 10-year renewal.
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For a sense of how much a certain restaurant type will cost to start, refer to our guides below. Cost to Open a Bar; Cost to Open a Pizza Shop; Cost to Open a Bakery; Cost to Open a Coffee Shop; Cost to Open a Small Restaurant; Cost to Open a Nightclub; Cost to Open a Cafe; Cost to Open a Donut Shop; Cost to Open a Brewery; Price Range: $2,500.
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Cup of Ice. Calorie info unavailable. Want Exclusive Perks? 2,000 calories a day is used for general nutrition advice, but calorie needs vary. Additional nutrition information upon request. Please be aware of the new risk of peanut cross-contact with burger and sandwich items. Before placing your order, please review the Sonic Allergen Guide.
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Our Investment Costs. At SONIC, we are proud to offer a great deal of transparency around our investment costs. This is because we believe that our franchisees' potential is our potential, and a solid franchisor-franchisee relationship is built on a foundation of understanding and trust. For more details, please see the current SONIC FDD.
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To operate a Sonic Drive-In, you're required to have a liquid capital of $500,000 and a minimum net worth of $1,000,000. The estimated investment to open a traditional Sonic Drive-In is $1,714,200 - $3,370,900. The franchise fee for a traditional unit is $45,000.
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How much does it cost to open a Sonic Drive In Franchise? The investment required to open a Sonic Drive In Franchise is between $1,242,000-$3,523,300. There is an initial franchise fee of $45,000 which grants you the license to run a business under the Sonic Drive In name.
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Total Investment Range. $1,714,200 - $3,370,900* *Does Not Include Real Estate Expenses. What Does. Your Franchise Cost. GET YOU? Investing in a QSR franchise for sale with SONIC gives prospective franchisees the kind of advantages they wouldn't be able to see elsewhere. You'll be far from starting out on your own when you join the SONIC.
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The restaurant, which first opened in 1969, was also the first fast food chain to open a salad bar. 7. TACO BELL: $45,000. Opening up a Taco Bell will initially set you back $45,000. The company.
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How much does opening a Sonic Drive-In franchise cost? Starting a Sonic drive-in franchise does require some start-up cash: specifically, a $45,000 initial franchise fee. You'll need a net worth.
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Download Full FDD. Year Business Began: 1953. Franchising Since: 1959. Headquarters: Atlanta, Georgia. Estimated Number of Units: 3,545. Franchise Description: Sonic Franchising LLC, the franchisor, licenses the operation of Sonic restaurants. The franchisor is a subsidiary of Inspire Brands, Inc. Sonic restaurants feature drive-in restaurant.
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The franchise fee is $45,000, with a total investment for a traditional SONIC ranging from $1.02 to $1.77 million (excluding land). The net worth of a partner can be used toward the total net worth/liquidity requirements. The term of a traditional SONIC franchise is 20 years, plus a 10-year renewal.
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The automotive franchise had $726,400 of gross revenue in 2020. Plus, they have a winning formula made up of their loyalty programs, training, and optimization tools. . They have the latest tech to provide quality car wash services. Plus, they have updated tech for operations and training, allowing you to run your franchise efficiently.
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How much does a Sonic Drive-in franchise cost. The total estimated Sonic franchise cost ranges from $1,242,200 - $3,537,700 (excluding land) and the fee is $45,000, the net worth and requirements may be satisfied with a partner's net worth. It's the same cost as the Sonic franchises in the US.
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The franchise fee for a non-traditional model (as described above) is $22,500. The overall investment is lower for nontraditional models as well, according to Sonic. While it can cost between $1,242,200 and $3,537,700 to open a traditional Sonic (without the land costs), the cost to open a nontraditional Sonic location ranges from $361,900 to.
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A typical Sonic Drive-In is expected to cost between $1,242,200 and $3,537,700 to open. For a conventional location, the franchise fee is $45,000. Before you apply to become a franchise operator for this fast food company, read on for more information on its sales, facts, advantages, and difficulties, sonic franchise cost .
