Since 2008, under the ownership of Biglari Holdings, Steak 'n Shake has recorded one of the best performances in the restaurant industry over the past six years -- Almost 40% cumulative growth in customer traffic.

If you are interested in investing and operating the best premium burger and milkshake brand, Steak ’n Shake is the business for you! We are actively seeking single and multi-unit franchise operators. We offer:

  • Brand strength and longevity (Over 80 years!)
  • A range of franchise investments and restaurant design options
  • Strong unit economics
  • Unmatched franchise systems and support
  • Striking new designs and high-performing operations
  • Extraordinary customer value and quality

Steak 'n Shake achieves exceptional financial results.

  • System average unit volume of $1.8 million
  • 27 consecutive quarters of same-store sales and customer traffic growth for company-operated restaurants

Increased Restaurant Franchise Customer Growth


up 37% from 2009 until 2014



"The Steak 'n Shake training and support team is fantastic. They jumped in when we needed assistance or additional training and backed off when we were able to move forward on our own within the system. We felt strong support from the Steak 'n Shake brand. Overall, our organization has been ecstatic with the Steak 'n Shake process."

Joe Mangano
Fredericksburg, VA


Interested in international restaurant franchise opportunities with Steak 'n Shake? Click here to learn more.


With an extremely disciplined business plan and a talented management team, Steak ’n Shake has created staunch, workable systems to assist new and seasoned restaurant franchisees in managing and operating their restaurants. Specifically, these systems and tools make it easier for franchisees to run and manage their restaurants, to create greater efficiency and to assist the owners in selecting and training team members.

Steak 'n Shake offers franchisees:

  • In-restaurant franchise training with seasoned staff
  • Support for ongoing, field-based operations
  • Proprietary operations and administration tools
  • Real estate selection assistance
  • Creative and powerful marketing

Prior to opening a Steak ‘n Shake restaurant, franchisees and up to five of their managers are provided with 12 weeks of restaurant franchise training which will take place at the certified Steak ‘n Shake training restaurant.

During initial training franchisees will learn:

  • Guidance on hiring and training employees
  • Ordering initial inventory and testing equipment
  • Day-to-day operations of Steak 'n Shake restaurants

Steak ‘n Shake operations will also provide pre-opening and opening support of all new Steak ‘n Shake restaurant franchises. This includes designating a field-based operations manager to consult each franchisee on their Grand Opening and day-to-day Operations. Once a new Steak ‘n Shake restaurant is up and running, franchisees will continue to receive ongoing support through the duration of their franchise agreement.