Steak 'n Shake Franchise for Sale - Steakburgers & Milkshakes

About the Steak 'n Shake Franchise

Steak 'n Shake is a renowned franchised restaurant chain that has millions of followers from every corner of the world. The first restaurant was opened back in 1934. And, ever since the brand has achieved enormous success. Today, everyone knows of Steak 'n Shake. It is a great business opportunity for prospective franchise partners that want to join a lucrative network. The semi-absentee model of ownership is available, so franchisees can hire a manager to deal with day-to-day operations. There is no doubt that the size of investment established for the franchise Steak 'n Shake is rather low in comparison with brands of similar magnitude and sector.

Thus, there exists an extensive training program and ongoing assistance and support system presented by the corporate office. If you are considering opening a fast-casual diner, then Steak 'n Shake is guaranteed to bring you success.

Advantages of Franchise

Steak 'n Shake is an American brand that has been franchising since 1939, and is now highly recognized across the country. By acquiring this franchise, you get the chance to operate an enterprise under a well-known brand that has loyal followers from every state. Customers love the Steak 'n Shake menu that offers traditional American cuisine such as premium burgers, french fries, and tasty milkshakes. The brand also constantly updates its menu offerings to keep up with trends.

Steak 'n Shake is a profitable venture. The brand guarantees that franchise owners will earn $100,000 in their first year, and they will receive 50% of a restaurant revenue. The company cares about its partners and offers ongoing support and management tools along with extensive training, to help you navigate all business aspects of operating a Steak ‘n Shake franchise. The brand also provides promotional materials, advertising resources, discounts, and strategies that will help you preserve loyal customers and attract new ones.

Franchise Requirements

Steak ’n Shake is looking for ambitious entrepreneurs who have a passion for operating this business and a commitment to good performance. All potential franchisees must be ready to undergo site-training. The brand welcomes entrepreneurs who are prepared to put in time and effort and run daily operations, as there is no absentee ownership available. Prospective candidates must be enthusiastic about providing quality customer service and share the brand’s values.

How Much Does It Cost To Open Franchise

Steak ’n Shake offers a chance to selected franchisees to acquire a franchise with only $10,000. The total investment varies, depending on the type of franchise you operate. Usually, the cost of any type of Steak ‘n Shake franchise ranges from $464,000 to $2,706,000. You will also be expected to have $500,000 in liquid capital. The Steak ‘n Shake franchise fee is $25,000.

Initial Investment: $464,000 - $2,706,000
Liquid Cash Requirement: $500,000
Franchise fee: $25,000

Steak 'n Shake Franchise

Ongoing Fees

The brand has an ongoing royalty fee of 5.5%.

Franchise Owner Profit

Steak ’n Shake franchise is a great investment in your future and a chance to achieve a dream of becoming a business owner. On average, each franchise generates about $1,027,000 in gross sales. Typically, as a franchise owner, you will earn about 50% of revenue. Of course, there are several factors that influence the amount of income, such as the type of store you operate, the location of the enterprise, maintenance expenses, and labor costs.

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