Steak n Shake
This franchise also offers the following brands: Steak n Shake By Biglari
Food & Beverage Restaurants (Sit-Down)Company Information
Address
107 South Pennsylvania St., Suite 400 Indianapolis, Indiana 46204
Website
Tel
Email
Franchise Summary
Description
The franchisee will operate a franchised Steak ‘n Shake Restaurant which is primarily a full-service restaurant specializing in premium burgers and milkshakes (referred to as "Steak ‘n Shake Restaurants," the "Steak ‘n Shake By Biglari Restaurants," or the "Restaurants").
Company Background
Steak n Shake By Biglari is a nationally franchised restaurant that serves award-winning, hand-dipped milkshakes, craveable salads and sandwiches. We are seeking qualified franchisees to own and operate restaurants in both existing market areas as well as new markets. Steak n Shake by Biglari is currently expanding throughout the United States with an emphasis on urban areas where we see growth potential.
Franchise Opportunity
Owning and operating a restaurant can be a difficult task. The restaurant industry is incredibly competitive, and it can be difficult to succeed as a franchisee. Steak n Shake By Biglari is different. Our proven system makes it easy for you to own and operate a successful restaurant. We provide all of the training and support you need to get up and running quickly and efficiently. With our help, you can achieve your dream of owning and operating your own restaurant.
Corporate Structure
Steak n Shake Enterprises, Inc was incorporated in Indiana on December 9, 2005 and is a wholly-owned subsidiary of Steak n Shake Inc., previously known as “Steak n Shake Operations, Inc.” prior to a name change effective October 28, 2015. Until December 2005, Steak n Shake sold Steak n Shake franchises but in connection with a reorganization, Steak n Shake transferred the franchise business to SNS Enterprises, which is the only entity that franchises Steak n Shake By Biglari Restaurants. Their principal business address is 107 South Pennsylvania St., Suite 400, Indianapolis, Indiana 46204.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Restaurants (Sit-Down) Industry$1,233,146 / unit
Franchise Type: Standard
Average Revenue During 2020
Franchise Types Available
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Employee Contact Database
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Distribution of Steak n Shake Franchisees
Steak n Shake Franchise System Development in 2021
FAQ
How much investment do I need to start my own Steak n Shake business?
Franchisees typically require at least $188 to $837 investment to get their Steak n Shake business started
What are the initial franchise fees for Steak n Shake ?
Franchisees typically need to pay at least $10 in fees directly to Steak n Shake in order to earn the right to launch their business
How much money can I make with a Steak n Shake franchise? What are
the average revenues for a typical Steak n Shake business?
We haven’t done the math on how much revenue a typical
Steak n Shake brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$1,233,146 revenue, so we would expect
Steak n Shake to generate a similar amount
How long do I need to commit to running a Steak n Shake unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$188,420 to $837,690
which is
Much Lower
than the $0 to $0 average in the Restaurants (Sit-Down) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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