Sonic Drive-In is a hospitality company focusing on quick-service drive-in restaurants, franchising, and property management. Founded in 1953 by Troy Smith as Top Hat Drive-In and later renamed Sonic in 1959, the company has its headquarters in Oklahoma City, Oklahoma. As of August 31, 2017, Sonic Drive-In operates 3,593 drive-ins across 45 states, with a mix of company-owned and franchisee-owned locations.
With a diverse workforce consisting of 59.9% female and 39.3% ethnic minorities, Sonic Drive-In is a key player in the hospitality industry. The company employs around 5,000 workers and generates annual revenue of $423.6 million. Despite its relatively high employee turnover rate at an average of 2.6 years, Sonic Drive-In remains competitive in the food service market alongside notable brands such as CKE Restaurants Holdings, Panera Bread, and Chipotle Mexican Grill.
