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Steak 'n Shake

Franchise Information

Source: File #223591
FDD Issued: Apr 25, 2025
Extracted: Dec 23, 2025
Franchisor Details
Name: Steak n Shake Enterprises, Inc.
Parent: The Steak n Shake Company
Address: 107 South Pennsylvania St., Suite 400, Indianapolis, Indiana 46204
Phone: (317) 633-4100
Franchising Since: 1991
Industry & Qualifications
Industry
Food & Beverage
Veteran Discount
20.0%
Franchise Fee
$20,000 - $25,000
Royalty
5.0%
Ad Fund: 1.00%
Total Investment
$316K - $2.70M
Outlet Information
Total Outlets
579
Franchised
439
Company-Owned
140
Opened (Last Year)
+3
Closed (Last Year)
-39
Churn Breakdown (Last Year)
Terminations
7
Non-Renewals
0
Ceased Ops
18
Transfers
3
Reacquired
0
Item 19 (Financial Performance)
Disclosed
Data covers 12-month period ended December 25, 2024. Includes 59 Traditional Fra...
Financial Performance (Item 19)
Avg Unit Volume
$1,815,588
Median
$1,729,213
Highest
$6,319,923
Lowest
$744,674
Sample Size
214 units
Legal History
Litigation: Yes
Pending and concluded cases involving franchisees in France and the US, including disputes regarding...
Bankruptcy: None
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155342 509786_Franchise__Steak_n_Shake_Enterprises__In_North Dakota_155342.pdf View · Download
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