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Steak 'n Shake

Number of units 74
Franchising Since 1939
Royalty Fee 4%

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Famous For The Original Steakburger &
Hand-Dipped Milk Shakes!

 

 

 

 

 

 

About Us

Steak ‘n Shake has developed tremendous brand strength and an extremely loyal following since its founding in Normal, Illinois, 1934. Today, this 78 year-old classic American brand which pioneered the concept of premium steak burgers and hand-dipped milkshakes recently revitalized its franchising program and is seeking single and multi-unit operators to expand its network of nearly 500 QSR locations, in 22 states.

Building upon its current best-in-class string of 10 consecutive quarters of positive same store sales growth despite the Great Recession, Steak ‘n Shake offers potential franchisees a wide range of investment and best-in-class aesthetic design options, including Steak ‘n Shake Signature, a new smaller-footprint format, well-suited for shopping centers. Steak ‘n Shake Signature offers a low investment option and a more simplified operation.

Dominant Brand

After 78 years, Steak ‘n Shake continues its tradition of serving the country's best, freshest and tastiest burgers and shakes. The company achieved exceptional results - one of the best in the restaurant industry - in fiscal 2010. In addition, it was the recipient of NRN's Golden Chain award. With an average unit volume approaching $1.6 million, the company posted an increase in same-store sales of 7.5% which was on top of a 4.1% increase in 2009. Steak ‘n Shake has clearly become the dominant brand in the premium burger and milkshake segment.

Reasons To Invest

If you are interested in investing and operating the best premium burger and milk shake brand, Steak ’n Shake is the business for you! We are actively seeking single and multi-unit operators. We offer:

  • Brand strength and longevity
  • A range of investment options
  • Strong unit economics
  • Unmatched systems and support
  • Striking new designs and high-performing operations
  • Extraordinary customer value and quality

Training and Support

With an extremely disciplined business plan and a talented management team, Steak ’n Shake has created staunch, workable systems to assist franchisees in managing and operating their restaurants. Specifically, these systems and tools make it easier for franchisees to run and manage their restaurants, to create greater efficiency and to assist the owners in selecting and training team members.

Steak ‘n Shake offers franchisees:

  • In-restaurant training with seasoned staff.
  • Support for ongoing, field-based operations.
  • Proprietary operations and administration tools.
  • Real estate selection assistance.
  • Creative and powerful marketing.

Prior to opening a Steak ‘n Shake restaurant, franchisees and up to five of their managers are provided with twelve weeks of restaurant training which will take place at the certified Steak ‘n Shake training restaurant.

During initial training franchisees will learn:

  • Guidance on hiring and training employees
  • Ordering initial inventory and testing equipment
  • Day-to-day operations of Steak ‘n Shake restaurants

Steak ‘n Shake operations will also provide pre-opening and opening support of all new Steak ‘n Shake restaurants. This includes designating a field-based operations manager to consult each franchisee on their Grand Opening and day-to-day Operations. Once a new Steak ‘n Shake restaurant is up and running, franchisees will continue to receive ongoing support through the duration of their franchise agreement

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