Verified Profile

Steak n Shake | Steak n Shake By Biglari

Steak n Shake | Steak n Shake By Biglari Franchise Cost & Facts · Food & Beverage

A Steak n Shake | Steak n Shake By Biglari franchise costs $188K – $838K in total initial investment, with an initial franchise fee of $10K, across 159 locations. See the full Steak n Shake | Steak n Shake By Biglari fees, royalty, and Franchise Disclosure Document below.

Building your own franchise system? See how we recruit funded franchisees.

Food & BeverageFounded 2005· 21 yrs159 unitssteaknshake.com
Steak n Shake | Steak n Shake By Biglari logo

Total Investment

$188K – $838K

Franchise Fee

$10K

Unit Count

159

Year Founded

2005

Overview

Why Steak n Shake | Steak n Shake By Biglari?

Steak n Shake | Steak n Shake By Biglari is a food & beverage brand with over 21 years of operating history and 159 active locations. The full Franchise Disclosure Document, including unit-level financials, territory terms, training requirements, and franchisee obligations, is available on request.

The Numbers

Investment & Fees

Total initial investment
$188K – $838K
Initial franchise fee
$10K
Royalty fee
Available on request
Ad / marketing fee
Available on request

Regulatory Filings

FDDs on file

202420232022202120202014

Latest FDD on file: 2024. Request the document below to see Item 19 financial performance, Item 7 estimated initial investment, and territory disclosures.

Who's Operating It

72 franchisees of Steak n Shake | Steak n Shake By Biglari

5 multi-unit operators78 units operated by franchisees
See all 72 Steak n Shake | Steak n Shake By Biglari franchisees

Why every serious buyer requests the FDD

The Franchise Disclosure Document is the single most important piece of paperwork in your due diligence. It's federally mandated and contains everything a franchisor is required to share before you sign.

  • Item 7: full breakdown of your real startup costs
  • Item 19: actual unit-level revenue performance
  • Item 20: franchisee count, openings, closures, transfers
  • Item 21: audited financial statements

Frequently Asked

Steak n Shake | Steak n Shake By Biglari franchise FAQ

Is Steak n Shake | Steak n Shake By Biglari a franchise?

Yes. Steak n Shake | Steak n Shake By Biglari is a franchise in the food & beverage category, which means you can own and operate a Steak n Shake | Steak n Shake By Biglari location under a franchise agreement with the franchisor. The total initial investment to open one ranges from $188K – $838K. The franchisor provides the brand, systems, and ongoing support in exchange for an initial franchise fee and royalties, all disclosed in the Franchise Disclosure Document (FDD).

How much does it cost to open a Steak n Shake | Steak n Shake By Biglari franchise?

Total initial investment to open a Steak n Shake | Steak n Shake By Biglari franchise ranges from $188K – $838K according to the latest Franchise Disclosure Document. The actual cost depends on territory, build-out, and local market conditions. Request the full FDD on this page for Item 7's full investment breakdown.

What is the Steak n Shake | Steak n Shake By Biglari franchise fee?

The Steak n Shake | Steak n Shake By Biglari initial franchise fee is $10K, paid to the franchisor at signing. This is separate from total investment and does not include build-out, equipment, or working capital.

How many Steak n Shake | Steak n Shake By Biglari franchise locations are there?

Steak n Shake | Steak n Shake By Biglari operates 159 active locations as of the most recent FDD filing. Request the latest FDD for state-by-state distribution and openings/closures from Item 20.

When was Steak n Shake | Steak n Shake By Biglari founded?

Steak n Shake | Steak n Shake By Biglari was founded in 2005, giving the brand 21 years of operating history. Brand longevity matters in franchising because it correlates with refined operations, established supplier relationships, and a tested franchisee playbook.

Is a Steak n Shake | Steak n Shake By Biglari franchise profitable?

Steak n Shake | Steak n Shake By Biglari unit-level profitability depends on location, operating costs, staffing, and management. When a franchisor makes an earnings claim, it appears in Item 19 of the Franchise Disclosure Document, the only place franchise financial performance is officially disclosed. Request the Steak n Shake | Steak n Shake By Biglari FDD on this page to review any Item 19 financial performance representation.

How do I apply for a Steak n Shake | Steak n Shake By Biglari franchise opportunity?

Submit a request through this page to receive the Steak n Shake | Steak n Shake By Biglari Franchise Disclosure Document. The FDD contains everything you need to evaluate the opportunity: Item 7 investment, Item 19 financial performance, Item 20 unit counts and franchisee turnover, and Item 21 audited financials. There is no cost or obligation to request the FDD.

Where can I get the Steak n Shake | Steak n Shake By Biglari FDD?

The current Steak n Shake | Steak n Shake By Biglari FDD can be requested directly through this page. Franchise Disclosure Documents are federally regulated by the FTC and must be provided to prospective franchisees at least 14 days before signing any binding agreement or paying any fee.

Compare

More Food & Beverage opportunities