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Steak 'n Shake

Franchisee Contacts Former Franchisees

Franchise Information

Source: File #1931568901
FDD Issued: Mar 28, 2024
Extracted: May 1, 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
Franchising Since: 1939
Industry & Qualifications
Industry
Food & Beverage
Veteran Discount
20.0%
Franchise Fee
$25,000 - $35,000
Royalty
5.0%
Ad Fund: 1.0%
Total Investment
$156K - $2.34M
Outlet Information
Total Outlets
436
Franchised
111
Company-Owned
144
Opened (Last Year)
+0
Closed (Last Year)
-19
Churn Breakdown (Last Year)
Terminations
0
Non-Renewals
0
Ceased Ops
19
Transfers
2
Reacquired
1
Exclusive Territory
Yes
Exclusive territory may be granted under Area Development Agreement (ADA) at fra...
Item 19 (Financial Performance)
Disclosed
Average Net Sales for Total Franchise Restaurants (228 units) for FY2023. Data i...
Financial Performance (Item 19)
Avg Unit Volume
$1,772,941
Median
$1,695,320
Highest
$6,100,833
Lowest
$704,808
Sample Size
228 units
Unit Economics
Labor Cost
26.6%
COGS
28.1%
Legal History
Litigation: Yes
Multiple concluded cases disclosed including Druco Restaurants, Inc., Cornerstone Investment Partner...
Bankruptcy: None
Number File name Source State Filing Date Actions
6467 CA_6467.pdf CA Aug 4, 2016 View · Download
9429 CA_9429.pdf CA Jul 5, 2017 View · Download
12539 CA_12539.pdf CA Jul 3, 2018 View · Download
15715 CA_15715.pdf CA Jul 16, 2019 View · Download
26206 CA_26206.pdf CA Feb 23, 2023 View · Download
44308 466505_Franchise__Western_Sizzlin_Steak_EFDID___Virginia_44308.pdf VA View · Download
52593 466505_Franchise__Western_Sizzlin_Steak_EFDID___California_52593.pdf CA View · Download
155342 509786_Franchise__Steak_n_Shake_Enterprises__In_North Dakota_155342.pdf ND View · Download
155378 510244_Franchise__Steak_n_Shake_Enterprises__In_North Dakota_155378.pdf ND View · Download
223591 510244_Franchise__Steak_n_Shake_Enterprises__In_North Dakota_223591.pdf ND View · Download
223600 509786_Franchise__Steak_n_Shake_Enterprises__In_North Dakota_223600.pdf ND View · Download
638803 638803_steak-n-shake-enterprises--inc-.pdf WI View · Download
638806 638806_steak-n-shake-enterprises--inc-.pdf WI View · Download
1931568901 MN_31681-202405-06_steak-n-shake-enterprises,-inc..pdf MN Dec 16, 2024 View · Download
2072973060 MN_31682-202405-06_steak-n-shake-enterprises,-inc..pdf MN Dec 16, 2024 View · Download
Showing 1–15 of 15 files.
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