Snap-on vs Sonic
Franchise Comparison 2026
Snap-on is a automotive franchise, while Sonic operates in quick-service restaurants. Snap-on requires an investment of $223K – $509K while Sonic requires $670K – $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 Snap-on (11.8%). FranchiseVerdict rates Snap-on A (Top Quintile) and Sonic A (Top Quintile).
| Metric | Snap-on | Sonic |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | ATop QuintileTop Quintile |
| Investment Range | $223K – $509K | $670K – $2.5M |
| Franchise Fee | $16K | $15K |
| Royalty Rate | $156.00 per month | 5.0% |
| Average Revenue (Item 19) | $1.3M | $1.6M |
| SBA Charge-Off Rate | 11.8% (286 loans) | 8.3% (144 loans) |
| Total Units | 3,328 | 3,412 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1990 | 1974 |
| FDD Year | 2026 | 2026 |
Investment Range
$223K – $509K
$670K – $2.5M
Franchise Fee
$16K
$15K
Royalty Rate
$156.00 per month
5.0%
Average Revenue (Item 19)
$1.3M
$1.6M
SBA Charge-Off Rate
11.8% (286 loans)
8.3% (144 loans)
Total Units
3,328
3,412
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1990
1974
FDD Year
2026
2026