The projected total expenditure required to open a standard Steak n Shake free-standing Quick Service restaurant ranges from $1,208,000 to $1,687,000, depending on the size of the business. There are several alternative operational configurations available, each with its own set of charges that are distinct from the classic freestanding restaurant.
INVESTMENT AMOUNT: $10,000 TOTAL INVESTMENT We are presenting you with the option to become a business owner without the need to make a substantial financial commitment. For further information about becoming a Franchise Partner of an existing company-owned Steak ‘n Shake store in your region, click here.
How much does it cost to open a Steak n Shake franchise?
According to estimates, an investment of between $672,000 and $1835,000 will be required to launch a Steak & Shake franchise. It costs between,000 and,000 to purchase a Steak n Shake franchise, which allows you the right to operate your own restaurant under the Steak n Shake brand. Fee for royalties: 5.5 percent
How much does steak and shake make per unit?
The firm generates an average of $939,990,000 in revenue each year on an annual basis. Systemwide sales are an average of $1,027,000 per unit, which translates to $1,027,000 per unit on a per-unit basis. Keep in mind that you are merely a franchise partner and do not receive 100 percent of the revenues generated. Similarly, what caused Steak and Shake to go out of business was unclear.
What time does Steak ‘n Shake open&close?
Many Steak ‘n Shake locations are open 24 hours a day, seven days a week to accommodate customers’ needs. The menu is mostly comprised of burgers and hand-dipped milkshakes, while there are also additional meals, side dishes, and beverages to choose from.
How can Steak n Shake help you open your restaurant?
Support Unparalleled Field Operations Support-A Steak n Shake Manager of Field Operations will assist you with the opening of your restaurant and will be available for advice on day-to-day operations as required.We will give you with your initial training hours, which will be conducted by experienced Steak n Shake trainers and employees, to assist guarantee a seamless restaurant opening experience.