KBP Brands Expands SONIC Presence with Acquisition of 78 Drive-In Locations
KBP Brands has significantly bolstered its presence in the fast-food industry by acquiring 78 additional SONIC drive-in locations across Ohio, Kentucky, North Carolina, Tennessee, and Virginia. This expansion brings KBP's total SONIC footprint to 164 locations in eight states, establishing it as the fourth largest franchisee within the SONIC system.
This acquisition marks KBP's second SONIC purchase in under two years, following its partnership with SONIC's parent company, Inspire Brands, after the addition of Arby’s to its portfolio...
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