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How do you find out who owns a Sonic?
The parent company of Arby’s and Buffalo Wild Wings is acquiring burger chain Sonic in a deal valued at $2.3 billion, the companies announced Tuesday.
Can you look up franchise owners?
The best way to find out who owns one specific franchise is usually to just ask. You can visit the business in person or call, and in most cases, you can get a name immediately. If the manager is unwilling to tell you the name of the owner, you can try contacting the franchising company’s head office.
How many Sonic franchises are there?
SONIC Franchise System Size and Composition Today there are approximately 3,500 SONIC Drive-In locations across almost all 50 U.S. states (with no international locations), with 95% of those units franchised. Systemwide, SONIC restaurants produce around $4.5 billion in sales.
Who owns the Sonic franchise?
Sonic Corp., founded as Sonic Drive-In and more commonly known as Sonic (stylized as SONIC), is an American drive-in fast-food restaurant chain owned by Inspire Brands, the parent company of Arby’s and Buffalo Wild Wings. As of 2021, 3,539 Sonic restaurants are located in 46 U.S. states.
What states do not have Sonic?
They’re in almost every US state Most people in the country can get their hands on some Sonic since there are locations in 44 of the 50 states. And now a moment of silence for Alaska, Hawaii, Maine, New Hampshire, Rhode Island, and Vermont.
How do I find the owner of a store?
The great thing about these tactics is that they are all free.
- Make a Call.
- Check the Company Website.
- Do a Little Social Media Digging.
- Conduct a WHOIS Domain Lookup.
- Read the Better Business Bureau (BBB) Reports.
- Search State Databases of Registered Businesses.
- Contact Local Business Licensing or Regulatory Agencies.
Does Sonic make a lot of money?
What should you expect? Well, according to industry reports, the average Sonic does $1,345,000 in sales and 11% EBITDA (profit) margins. Therefore, you could expect to make nearly $148,000 per Sonic location before paying for above store expenses.
How much money do you need to buy a Sonic franchise?
To buy a franchise with Sonic® Drive-In, you’ll need to have at least $500,000 in liquid capital and a minimum net worth of $1,000,000. Franchisees can expect to make a total investment of $1,020,000 – $1,770,000. * What does Liquid Capital mean?
Is it good to own a Sonic Drive in?
Become a SONIC Drive-In Franchise Owner. Increasing revenue, balanced dayparts and open territory make it a great time to own a SONIC franchise. SONIC® is the nation’s largest and most beloved drive-in chain, serving hot, fresh and made-to-order food for more than 60 years.
Is there a complete list of franchise companies?
In this section you will find a complete list of known franchise businesses. Though not all of them are actively recruiting new franchisees, we have compiled this list to provide vital information about the companies that franchise, and provide a clear representation of the reach the franchise industry has in the business community.
How can I find out the name of the franchise owner?
For instance, the town administration office where the company operates usually will issue a local business permit to the owner. Call the franchise’s parent company directly to find out the name of the franchise owner. The parent company may choose to mediate the situation and get in touch with the franchise owner directly regarding your issue.