For a Steak and Shake franchise to get off the ground, an estimated investment of between $672,000 and $1835,000 will be necessary. For between $25,000 and $40,000, you may purchase your first franchise, which grants you the exclusive right to run a company under the Steak n Shake brand name. In order to create a Steak n Shake franchise, how much money do you need?
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 a Steak’n Shake franchise cost?
What does it cost to start a Steak ‘n Shake franchise? For a Steak ‘n Shake franchise, you must have at least $10,500 in liquid money on hand to make the purchase. Franchisees may anticipate to make a total investment of at least $10,000 in order to get established.
How many restaurants does Steak n Shake have?
Currently, Steak n Shake has over 490 stores in only 20 states, indicating tremendous untapped development opportunity. Looking ahead, we believe that Steak n Shake has the potential to expand to more than 1,000 locations across the country.
Does Steak n Shake have an international expansion agreement?
It has been announced that Steak N Shake has signed its first international expansion agreement. Steak n Shake, the pioneer and market leader in the premium burgers category of the restaurant business, announced today the signing of its first international development agreement, which will bring this well-known ‘better burger’ chain to the Middle East and other regions.
Who is the founder of Steak n Shake?
As the founding father of Steak n Shake, Gus Belt was an established chef and restauranteur, who previously operated a restaurant/gas station named Shell’s Chicken. Gus quickly understood that there were lots other chicken and beer restaurants in Central Illinois, and that he wanted to stand out and be distinct.