Franchise opportunities compared
Mike’s Red Tacos Restaurant ( s ) vs Sonic Drive-In
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Initial investment · Item 7
Mike’s Red Tacos Restaurant ( s )
$619,800 – $1,953,000
2025 FDD · Item 7 · PDF p. 22Sonic Drive-In
$1,485,200
2026 FDD · Item 7 · PDF p. 38Initial franchise fee · Item 5
Mike’s Red Tacos Restaurant ( s )
$40,000
2025 FDD · Item 5 · PDF p. 11Sonic Drive-In
Not available
Royalty · Item 6
Mike’s Red Tacos Restaurant ( s )
5%
2025 FDD · Item 6 · PDF p. 13Sonic Drive-In
1%
2026 FDD · Item 6 · PDF p. 34Before you compare
- Mike’s Red Tacos Restaurant ( s ) figures come from its 2025 FDD and Sonic Drive-In figures from its 2026 FDD, so the years differ.
- Item 19 figures cover the location groups each FDD names (Mike’s Red Tacos Restaurant ( s ): 1, Sonic Drive-In: 8). Different groups are not directly comparable.
Financial commitment
Mike’s Red Tacos Restaurant ( s )
Sonic Drive-In
Mike’s Red Tacos Restaurant ( s )
Sonic Drive-In
Mike’s Red Tacos Restaurant ( s )
Sonic Drive-In
Mike’s Red Tacos Restaurant ( s )
Sonic Drive-In
System scale & health
Mike’s Red Tacos Restaurant ( s )
Sonic Drive-In
Mike’s Red Tacos Restaurant ( s )
Sonic Drive-In
Mike’s Red Tacos Restaurant ( s )
Sonic Drive-In
Mike’s Red Tacos Restaurant ( s )
Sonic Drive-In
Mike’s Red Tacos Restaurant ( s )
Sonic Drive-In
Financial performance (Item 19), by location group
Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.
Mike’s Red Tacos Restaurant ( s ) vs Sonic Drive-In: common questions
- Which costs less to open, Mike’s Red Tacos Restaurant ( s ) or Sonic Drive-In?
- Mike’s Red Tacos Restaurant ( s ): $619,800 – $1,953,000 (2025 FDD · Item 7 · PDF p. 22); Sonic Drive-In: $1,485,200 (2026 FDD · Item 7 · PDF p. 38). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Mike’s Red Tacos Restaurant ( s ). Estimates are not quotes, and the FDD years may differ.
- How do Mike’s Red Tacos Restaurant ( s ) and Sonic Drive-In royalties compare?
- Mike’s Red Tacos Restaurant ( s ): 5% (2025 FDD · Item 6 · PDF p. 13); Sonic Drive-In: 1% (2026 FDD · Item 6 · PDF p. 34). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, Mike’s Red Tacos Restaurant ( s ) or Sonic Drive-In?
- Mike’s Red Tacos Restaurant ( s ): 2 (2025 FDD · Item 20 · PDF p. 59); Sonic Drive-In: 3,412 (2026 FDD · Item 20 · PDF p. 74). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do Mike’s Red Tacos Restaurant ( s ) and Sonic Drive-In disclose financial performance (Item 19)?
- Mike’s Red Tacos Restaurant ( s ) has reviewed Item 19 figures for 1 location group; Sonic Drive-In has reviewed Item 19 figures for 8 location groups. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.
Keep researching
Full Mike’s Red Tacos Restaurant ( s ) report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
Full Sonic Drive-In report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
