Hardee's vs Sonic
Franchise Comparison 2026
Both Hardee's and Sonic are quick-service restaurants franchises. Hardee's requires an investment of $1.4M – $2.6M while Sonic requires $1.5M – $2.5M. In terms of revenue, Sonic reports higher average unit revenue at $1.6M. On SBA loan performance, Sonic has a lower charge-off rate (8.3%) compared to Hardee's (39.0%). FranchiseVerdict rates Hardee's C (Average) and Sonic B (Above average).
| Metric | Hardee's | Sonic |
|---|---|---|
| Verdict Grade | CAverage | BAbove average |
| Investment Range | $1.4M – $2.6M | $1.5M – $2.5M |
| Franchise Fee | $25K | $15K |
| Royalty Rate | 4.0% | 5.0% |
| Average Revenue (Item 19) | $1.3M | $1.6M |
| SBA Charge-Off Rate | 39.0% (55 loans) | 8.3% (144 loans) |
| Total Units | 1,485 | 3,412 |
| Unit Growth (YoY) | -82 units | -24 units |
| Year Began Franchising | 2013 | 1974 |
| FDD Year | 2026 | 2026 |
Investment Range
$1.4M – $2.6M
$1.5M – $2.5M
Franchise Fee
$25K
$15K
Royalty Rate
4.0%
5.0%
Average Revenue (Item 19)
$1.3M
$1.6M
SBA Charge-Off Rate
39.0% (55 loans)
8.3% (144 loans)
Total Units
1,485
3,412
Unit Growth (YoY)
-82 units
-24 units
Year Began Franchising
2013
1974
FDD Year
2026
2026