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How many franchises does Sonic have?

A:

Quick Answer

As of 2015, there are 3,127 Sonic franchises in the United States. The total investment to start a Sonic franchise ranges from about $1 million to $2 million.

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Full Answer

Sonic does not allow absentee ownership, and most franchises require 25 employees to run the day-to-day operations. Sonic offers training at its headquarters for one week and provides 11 weeks of training at its franchisee���s location. In 2015, Entrepreneur ranked Sonic 24th out of the top 500 franchises in the United States. Sonic supports its franchisees through national media marketing campaigns, ad slicks and co-op advertising. Franchisees must have a net worth of $1 million and $1 million in liquid cash available.

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