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 Inc., previously known as “Steak n Shake Operations, Inc.” prior to a name change effective October 28, 2015. Until December 2005, Steak n Shake sold Steak n Shake franchises but in connection with a reorganization, Steak n Shake transferred the franchise business to SNS Enterprises, which is the only entity that franchises Steak n Shake By Biglari Restaurants. Their principal business address is 107 South Pennsylvania St., Suite 400, Indianapolis, Indiana 46204.
Investment
The total investment necessary to begin operation ranges from $360,000 to $2,575,000 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.