Steak N Shake FDD Summary
Type of Business
As a franchisee, you will own and operate a Steak n Shake By Biglari Restaurant.
Corporate Information
Steak n Shake Enterprises, Inc was incorporated in Indiana on December 9, 2005 and is a wholly-owned subsidiary of Steak n Shake Operations,lnc (“SNS Operations”). Until December 2005, SNS Operations sold Steak n Shake franchises but in connection with a reorganization, SNS Operations transferred the franchise business to SNS Enterprises,which is the only entity that franchises Steak n ShakeBy Biglari Restaurants in the United States. SNS Operations is a wholly-owned subsidiary of Biglari Holdings Inc., an Indiana corporation, which was founded in 1934 and which was previously known as “The Steak n Shake Company” prior to a name change effective April 8, 2010. Their principal business address is 107 South Pennsylvania St,Suite 400, Indianapolis, Indiana 46204.
Investment
The total investment necessary to begin operation ranges from $413,000 to $2,522,000 for a Steak n Shake by Biglari Restaurant. These totals include approximately $50,000 to $102,000 that must be paid to the franchisor or its affiliates.