KBP Brands acquires 78 Sonic Drive-In restaurants

KBP Brands, one of the largest franchise groups in the United States, has acquired 78 Sonic Drive-In restaurants in Ohio, Kentucky, North Carolina, Tennessee, and Virginia. This marks KBP’s second Sonic acquisition in less than two years. KBP is now the fourth largest franchisee in the Sonic system with 164 restaurants out of the brand’s 3,400 restaurants.

The company purchased the restaurants from Sonic corporate. Terms of the deal were undisclosed.

Sonic is part of Inspire Brands, along with Dunkin’, Arby’s, Buffalo Wild Wings, Jimmy John’s, and more. KBP Brands’ roster now includes more than 1,100 KFC, Taco Bell, Arby’s, and Sonic restaurants across 32 states. Its first deal with Inspire Brands was in 2021 when it added Arby’s restaurants to the fold…

Story continues

TRENDING NOW

LATEST LOCAL NEWS