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Sonic - New Jersey

Network of 3 Sonic® Burger Franchise Stores in New Jersey

This listing has been sold.

asking price
$
0
gross sales
$
2,900,000
cash flow
$
185,000
employees: 
50
founded: 
2000

A great opportunity to purchase a Network of 3 SONIC® Burger Franchise stores in New Jersey. These 3 stores are State-of-the-Art and all 3 stores have a Drive-Thrus as well as long term Leases. Each store has over 10 years remaining on the Franchise Term. This is an easy, simple fast food franchise to operate. The stores currently operate 100% Absentee and a new Owner Operator will be able to propel both the sales and earnings of the Network. The stores are profitable and have TREMENDOUS Potential for a more hands-on Owner Operator. Buyer must have prior food service experience to qualify. 


At A Glance
Founded: 1953
Locations: 3,525
Initial Investment: 1,242K - 3,538
Headquarters: Oklahoma City, OK
Sonic Drive-In

SONIC Drive-In is an American quick-serve restaurant franchise chain that serves carnival-like menu items such as hamburgers, French fries, onion rings, corn dogs and chili dogs, along with a highly customizable selection of both classic and contemporary beverage options. SONIC competes within its market by offering a unique fast food experience that includes parking in a covered drive-in stall and ordering from a speaker, then being served by a carhop on roller skates. Drive-thru lanes are also an option at most locations.

Sonic Drive-In Franchise ResalesSonic first opened in 1953 as Top Hat Drive-In in Shawnee, Oklahoma, with Troy Smith Sr. at the helm. He later partnered with Charlie Pappe and they began franchising in 1959 under the Sonic Drive-In name. Sonic's car-hops deliver burger, hot dogs, chicken sandwiches, tater tots, onion rings, fries, drinks, desserts and breakfast to customers.

What Is a SONIC Franchise?

SONIC is ready for a future of continued innovation and rapid growth

SONIC® is America’s drive-in, serving more than 3 million customers a day at over 3,500 locations nationwide. As an iconic brand with a rich heritage of more than 65 years in business, SONIC franchise systems continues to thrive in the booming QSR industry, not only in terms of growth and brand recognition, but also in our unique ability to connect with our millions of customers and become a part of the communities in which we operate.

In recent years, SONIC has leveraged our legacy as a pioneer in customization with new technology and wildly popular marketing campaigns to connect with our loyal fanbase, grow brand equity, enhance the customer experience and help our franchisees grow their businesses over the long-term. As a result, our franchisees are thriving in their businesses, and the demand for new SONIC locations has never been higher than it is today.

Join a brand that honors your entrepreneurial spirit

SONIC is one of the rare iconic brands that has franchisees with hundreds of locations who have been with us for decades and new franchisees who are growing their business from one restaurant. The reason why entrepreneurs continue to be attracted to SONIC is that we get more than a few things right about our business model that helps our franchisees thrive.

Beginning with our B.L.A.D.E. (Breakfast, Lunch, Afternoon, Dinner, and Evening) strategy, SONIC has a five-daypart menu that keeps customers coming to SONIC all day long. Even more importantly, SONIC offers an endless ability for our customers to customize their orders (we have over one million drink options). With our new order-ahead mobile app, we’ve taken customization one step further by allowing our customers the full customization experience on their cell phones – and now they don’t even have to wait! SONIC also rolls out new menu items on a regular basis. This keeps our customers constantly engaged with our brand and makes them excited to come back.

Then there is our advertising power, which is unlike anything else in the QSR industry. Our hilarious television campaigns resonate with young and old, in rural and urban markets, and has propelled SONIC to be a name brand that Americans know and love, even in markets where SONIC has yet to enter. This advertising muscle not only makes it easier for franchisees to build a following in their communities, it also makes it easier for our customers to feel connected with our brand as we continue to grow.

Our business model is also highly scalable and simple to understand. We optimize unit-level economics, leveraging our national buying power and closely analyzing individual store sales to optimize efficiency. Our leadership is unmatched, and our departments work collaboratively to maximize efficiency and profits across all facets of the business. In addition, SONIC’s purchasing department works closely with the marketing and innovation teams to ensure that every SONIC restaurant has 100 percent availability of the right product at the best cost.


123
ABC, New Jersey 123
United States

This listing has been sold.