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While it didn’t duplicate its remarkable 2020 performance, when systemwide sales rose 21.2 percent—nearly a billion dollars—to $5.68 billion, Sonic Drive-In grew sales another 2.7 percent last year, to $5.8 billion from 3,503 locations. It’s the fourth largest QSR burger chain on the Franchise Times Top 500.

Plato’s Closet—a subsidiary of Minneapolis-based Winmark Corp.—grew systemwide sales by $150 million in 2021, to $594.4 million, to come in at No. 146 on the Top 500 list. The brand’s 33.8 percent growth came with the addition of just four stores to the system in 2021.

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Anand Gala’s investment strategy is rooted in American culture. “We want things that are deeply ingrained in American consumers’ lives and routines,” said Gala, founder and managing partner of Gala Capital.

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