SONIC Business Portfolio For Sale - 3 Locations

Albany, NY
SONIC NY Portfolio Sale 3 Locations
Asking Price:$2,373,388
Established Year:2015
BUSINESS DESCRIPTION

- STRONG BUSINESS FUNDAMENTALS – This profitable multi-unit operation is fully staffed and ready for a new owner to take it to the next level. The Latham store opened in 2015, Troy in 2017, and Albany in 2020 –showcasing steady historic growth, this business has plenty of room for continued scale for new ownership.

- BUSINESS-CENTRIC REAL ESTATE – These locations are all strategically located across greater Albany, allowing for ease of supply chain and visitation. They all feature outstanding traffic counts, abundant parking, dense surrounding and synergistic retail, strong visibility, and ease of access – see each location’s overview page.

- IMMEDIATE REVENUES – Typical startup costs according to sonicfranchising.com is typically $1,714,500-$3,370,900 (not including real estate) – purchaser of this business will enjoy sales day one while avoiding the difficult start-up process.

- BRAND RECOGNITION – Sonic’s unique drive-in format and innovative menu have endowed them with incredible brand recognition. These sites all have 5 or more years of operating history, allowing new ownership a bedrock of existing clientele and upside through continued market share absorption.


DETAILED INFORMATION
Location
Albany, NY
Inventory
Not Included in asking price
Reason for Selling
Owner Looking to Retire
Franchise
This business is an established franchise
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Jason
Long
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Jason Long