Steak 'n Shake

Franchise Information

Source: File #223600

FDD Issued: Apr 25, 2025

Extracted: Feb 20, 2026

Franchisor Details

Name: Steak n Shake Enterprises, Inc.

Parent: Steak n Shake Inc.

Address: 107 South Pennsylvania St., Suite 400, Indianapolis, Indiana 46204

Phone: (317) 633-4100

Website: www.steaknshake.com

Industry & Qualifications

Industry

Food & Beverage

Franchise Fee

$10,000

Royalty

1.0%

Ad Fund: 10.00%

Total Investment

$184K - $1.00M

Outlet Information

Total Outlets

406

Franchised

266

Company-Owned

140

Opened (Last Year)

Closed (Last Year)

-46

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

Reacquired

Item 19 (Financial Performance)

Disclosed

Data represents 'Average Annual Earnings' (profit) for Franchise Partners, not g...

Financial Performance (Item 19)

Avg Unit Volume

$118,966

Median

$121,096

Top 25% Avg

$172,466

Bottom 25% Avg

$64,104

Highest

$242,496

% Achieving Avg

51.9%

Sample Size

158 units

Legal History

Litigation: Yes

Multiple pending and concluded cases including SAS Monk and Kamasi SARL v. Steak n Shake Internation...

Number	File name	Actions
155342	509786_Franchise__Steak_n_Shake_Enterprises__In_North Dakota_155342.pdf	View · Download
155378	510244_Franchise__Steak_n_Shake_Enterprises__In_North Dakota_155378.pdf	View · Download
223591	510244_Franchise__Steak_n_Shake_Enterprises__In_North Dakota_223591.pdf	View · Download
223600	509786_Franchise__Steak_n_Shake_Enterprises__In_North Dakota_223600.pdf	View · Download
638803	638803_steak-n-shake-enterprises--inc-.pdf	View · Download
638806	638806_steak-n-shake-enterprises--inc-.pdf	View · Download
1931568901	MN_31681-202405-06_steak-n-shake-enterprises,-inc..pdf	View · Download
2072973060	MN_31682-202405-06_steak-n-shake-enterprises,-inc..pdf	View · Download

Showing 1–8 of 8 files.