Sonic NNN Asset Restaurant Houston Texas

SONIC

Sonic, America’s Drive – In, is the nation’s largest chain of drive -in restaurants. Founded in 1953 in Oklahoma City, Oklahoma, Sonic has delighted guests with signature menu items, more than 1.3 million drink combinations, and friendly service by iconic carhops. Sonic is part of the Inspire Brands family of restaurants and Inspire Brands is the subsidiary company of Roark Capital Group. As the largest national chain of drive-in restaurants the iconic Sonic style is hard to duplicate, but Sonic’s distinct brand differentiation goes far beyond the drive -in format. Sonic’s one – of- a – kind menu offers a variety of options unavailable from other brands, including real ice cream desserts, TOASTER® sandwiches, molten cake sundaes, breakfast all day, tasty tots, and premium hot dogs. Sonic is now among the top five burger or sandwich advertisers in most major markets with memorable and recognizable advertising starring Sonic’s beloved “Two Guys.” 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. The company is rapidly expanding and has available territory and ideal locations in all 50 states. Sonic is more than an iconic brand; they are a solid franchise investment focused on the future and backed by visionary leadership, robust national advertising power and operational excellence. There are 3,525 Sonic drive in restaurants in the United States as of February 15, 2024.

EMERGE! INC.

In 2009, the Operator gained approval to be a franchisee of Lenny’s Sub shop and purchased his first unit. He was a multi -unit operator in 2010 with the purchase of 2 additiona l Lenny’s Sub Shops and 1 Bul lritos restaurant in the Houston DMA. By 2012 he diversi fied into Auntie Anne’s, Nestle and Baskin Robbins, taking him to 7 units. In 2015 he ventured with Yum Brands to expand his portfol io to 23 units , including Kentucky Fried Chicken and Taco Bel l . In 2017 he made a major move with Sonic Restaurants and purchased and successfully transitioned the corporate Houston market, which included 34 units. In 2019, he added a 3rd major brand to the portfol io and entered the Taco Bel l system through the purchase of 6 units. The next 2 years were full of New Builds and Remodels, and then in 2020, in the middle of a pandemic, he expanded to Arizona by adding another major brand through the purchase of 30 Pizza Hut stores. In 2021, Emerge continued with strategic new bui lds, relocations, and remodel s and forecasts ending the year with 131 units. At the end of 2023, Emerge finished strong with 168 stores and $180M in total annual revenue.