SONIC Drive-In Announces New Franchisee Agreements Across the U.S.
June 13 2017 - 8:32AM
Business Wire
Five franchise groups acquire existing
locations and will build new drive-ins
SONIC® Drive-In (NASDAQ: SONC) today announced five new
agreements for franchise development in greater Washington, D.C.,
New York City, the Ohio River Valley, Alabama, Virginia and
Washington. A mainstay in the South and Central Plains, SONIC
continues to expand in all areas of the country to meet
ever-growing consumer demand.
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SONIC® Drive-In today announced five new
agreements for franchise development in greater Washington, D.C.,
New York City, the Ohio River Valley, Alabama, Virginia and
Washington. (Photo: Business Wire)
Together, the new franchise groups bring more than 50 years of
experience operating QSR and fast-casual restaurant brands combined
with other retail and financial backgrounds to provide a solid
foundation for future success with SONIC:
- Men of Grace, LLC will develop new
drive-ins in the greater Washington, D.C. market including
locations in Northern Virginia;
- Current franchisee Northfork Holdings
acquired 21 existing drive-ins in the Ohio River Valley, Tennessee
and Missouri, with an additional 21 drive-ins planned over the next
decade;
- SD-Missouri acquired drive-ins in
Alabama, Virginia, Tennessee and Georgia, and plans to build an
additional 20 drive-ins in markets in which they currently
operate;
- Eng LLC has signed an agreement to
develop drive-ins in the five New York City boroughs over the next
several years;
- Olympic Cascade LLC will build 11
drive-ins in the state of Washington over the next 10 years.
“SONIC’s franchisee relationships are unparalleled in the QSR
industry, making the brand an attractive option for multi-unit
franchisees seeking to build out their portfolio,” said Drew
Ritger, Jr., senior vice president for development for SONIC. “With
nearly 94 percent of the system franchise owned, a 64-year history
and our unique menu, SONIC is a great choice for entrepreneurs
interested in building their business with an established,
franchise-centric brand that enjoys high consumer demand and room
for growth.”
Always a drive-in at heart, SONIC works with franchisees to find
a building solution to match their needs and the needs of their
guests. SONIC offers franchisees flexibility with multiple drive-in
formats, including: the traditional drive-in model with 14 to 29
dining stalls and a drive-thru; conversions, renovating existing
restaurant buildings to create unique drive-ins; the counter
service model, offering customizable footprints to fit a variety of
indoor spaces including travel plazas; and indoor dining formats
that allow guests to experience SONIC in multiple ways – either in
their cars, at the drive-thru or seated at a table inside.
Individuals interested in pursuing a SONIC franchise are
encouraged to visit sonicfranchises.com for more information on
qualifications and brand support. Multi-unit opportunities are
available in a number of markets including Atlanta, Ga.,
Indianapolis, Ind., and Philadelphia.
About SONIC, America’s
Drive-In
SONIC, America's Drive-In is the nation's largest drive-in
restaurant chain serving approximately 3 million customers every
day. Nearly 94 percent of SONIC's 3,500 drive-in locations are
owned and operated by local business men and women. For 64 years,
SONIC has delighted guests with signature menu items, 1.3 million
drink combinations and friendly service by iconic Carhops. Since
the 2009 launch of SONIC's Limeades for Learning campaign in
partnership with DonorsChoose.org, SONIC has donated nearly $8.5
million to public school teachers’ classrooms nationwide to fund
essential learning materials and innovative teaching resources to
inspire creativity and learning in their students. To learn more
about Sonic Corp. (NASDAQ/NM: SONC), please visit
sonicdrivein.com and please visit or follow us
on Facebook and Twitter. To learn more about SONIC's
Limeades for Learning initiative, please visit
Limeadesforlearning.com.
SONC-D
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version on businesswire.com: http://www.businesswire.com/news/home/20170613005419/en/
SONIC, America’s Drive-InChristi Woodworth, APR,
405-225-5600Vice President for Public
Relationschristi.woodworth@sonicdrivein.com
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