Steak N Shake Franchise Steak ‘n Shake was founded in February, 1934 in Normal, Illinois. Gus Belt, Steak ‘n Shake’s founder, pioneered the concept of premium burgers and milk shakes. For over 80 years, the company’s name has been symbolic of its heritage. The word “steak” stood for STEAKBURGER. The term “shake” stood for hand-dipped MILK SHAKES. Gus was determined to serve his customers the finest burgers and shakes in the business. To prove his point that his burgers were exceptionally prime, he would wheel in a barrel of steaks (including round, sirloin, and T-bones) and grind the meat into burgers right in front of the guests. Hence arose the origin of our famous slogan, “In Sight It Must Be Right.” After 80 years, we are continuing Steak n Shake’s tradition of serving the country’s best, freshest, and tastiest burgers and shakes. Read the Franchise requirements below and become a Franchisee today.
Commenced Dates
Date Commenced Operations | 1950 |
Date Commenced Franchising / Distribution | 1991 |
Franchise Details
Units
Area | Investment | Franchise/Brand Fee | Royalty/Commission |
Store Wise | Rs. 1 Cr. - 2 Cr |
Expansion Locations
North | New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal |
South |
Kerala, Karnataka, Tamil Nadu |
East | Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Orissa |
West | Gujarat, Rajasthan, Maharashtra, Goa |
Center | Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand |
Union Territories | Pondicherry, Chandigarh, Lakshadweep, Daman and Diu |
Franchise Details (Optional)
Want to expand | Nationwide |
Exclusive territorial rights to a unit | No |
Performance guarantee to unit franchisee | No |
Anticipated percentage return on investment | |
Likely pay back period of capital for a unit franchise | |
Other investment requirements |
Detailed operating manuals for franchisees |
Yes |
Where is franchisee training provided? |
|
Is field assistance available for franchisee? |
Yes |
Will someone from Head Office provides assistance to franchisee in opening the franchise? |
Yes |
What IT systems do you presently have that will be included in the franchise? |
No |
Type of property required for this franchise opportunity |
|
Floor area requirement |
1500 . |
Preferred location of unit franchised outlet |
Do you have a standard franchise agreement? |
Yes |
How long is the franchise term for? |
Life time |
Is the term renewable? |
Yes |
Category : Food and Beverage
Area Req : 1500 Sq. Feet
Franchise Outlets : 400
Investment: Rs. 1 Cr - Rs. 2 Cr