Steak ´n Shake franchise is a classic American brand serving premium burgers and milkshakes. The mission at Steak n Shake is to serve customers the highest quality burgers and shakes along with extending them great service at the lowest possible prices.
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Steak n Shake franchise is a classic American brand serving premium burgers and milkshakes. The mission at Steak n Shake is to serve customers the highest quality burgers and shakes along with extending them great service at the lowest possible prices.
In 1939, Steak n Shake began offering a limited number of franchises for Steak n Shake® restaurants, but it did not make a general offering to sell franchises until 1991. As of December 30, 2020 (“FY20”) there were 159 franchise locations and 272 company-operated Steak n Shake® restaurants within the U.S. Steak n Shake offers franchises for restaurants with various operating formats: Freestanding Quick Service Format, In-line Quick Service, Non-traditional, and roadside.
The Steak n Shake Company is a wholly-owned subsidiary of Biglari Holdings Inc. (“Biglari Holdings”), an Indiana corporation founded by Sardar Biglari. Biglari Holdings’ common stock is quoted under the symbols “BH.A” and “BH” on the New York Stock Exchange. Sardar Biglari is the Founder, Chairman, and Chief Executive Officer of Biglari Holdings.
The initial license fee for a Steak n Shake franchise is $25,000. This is the upfront fee that must be paid when opening a Steak n Shake franchise.
For a total investment of $10,000 selected franchisees (who are called Franchise Partners) are granted the rights necessary to operate a franchised Steak ‘n Shake restaurant.
This Opportunity as a Franchise Partner:
-Become a Franchise Partner with a $10,000 investment
You can learn more here: https://www.vettedbiz.com/steak-n-shake-franchise/
-Earn 50% of restaurant profits
-Unlimited earning potential
The estimated total investment necessary to begin operation of a traditional Steak n Shake free-standing Quick Service restaurant ranges from $1,208,000 – $1,687,000.
Steak n Shake also offers various operating formats and their costs are different from the traditional free standing restaurant.
In-Line Quick Service Format: $454,000 – $1,371,000
Non-Traditional: $316,000 – $715,000
Roadside Format: $705,000 – $1,199,497