KBP Brands, a franchisee of KFC, Taco Bell, and Arby’s, has added Sonic Drive-In to its portfolio with the purchase of 85 units of the quick-service chain in six states, the company based in Leawood, Kan., said.
KBP is purchasing the Sonic restaurants from Boom, Inc., based in Columbia, S.C. Terms of the deal were not disclosed.
The restaurants are located in Delaware, Georgia, Kentucky, North Carolina, South Carolina, and Virginia
The acquisition brings KPB’s portfolio to more than 1,000 restaurants, including more than 100 locations of Sonic’s sibling brand, Arby’s, which it bought in 2021. Both are part of Atlanta-based Inspire Brands.
KFC and Taco Bell are both part of Yum Brands, based in Louisville, Ky.
KBP executive vice president Mark Everett will lead operations and growth for its Sonic restaurants.
“Sonic is an iconic brand with a proven track record and differentiated experience, making it a customer favorite and an investment we’re excited about,” KBP Brands chief executive officer Mike Kulp said in a statement. “KBP has grown consistently for more than 20 years by working with great brands and franchisors. Inspire Brands shares our passion and commitment to excellence, and we look forward to furthering our mutual growth.”
Sonic brand president Jim Taylor, formerly Arby’s brand president, said he has experience working with KBP.
“KBP is one of the largest restaurant operators in the U.S. and an ideal addition to the Sonic family,” Taylor said in a statement. “I had the pleasure of working with KBP during my previous role as president of the Arby’s brand, and I look forward to expanding with them, providing thousands of customizable food and beverage combinations and a unique drive-in format and guest experience that differentiates our brand in the quick-service space.”
Sonic Drive-In was founded in 1953 and operates more than 3,500 restaurants in 47 states.
Contact Bret Thorn at [email protected]
