FIC Score Breakdown
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Steak 'n Shake?
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Overall Ranking
Out of 787 franchises
Specifications
About the Steak 'n Shake Franchise Opportunity
The Steak 'n Shake franchise is a Food & Restaurant franchising opportunity founded in 1934 and headquartered in Indianapolis, IN. With over 550 franchise units, Steak 'n Shake is one of the recognized brands in the food & restaurant sector available to prospective franchisees.
The total investment required to become a Steak 'n Shake franchisee ranges from $370K to $1.9M. The initial franchise fee is $10K. Prospective franchise owners must have a minimum of $500K in liquid capital. Franchisees pay an ongoing royalty fee of 5.5%.
The Franchise Information Center has assigned Steak 'n Shake a FIC Score of 22.4 out of 100, ranking it #627 among all franchises. This proprietary franchise score evaluates three core dimensions: scalability (22.2/100), franchisor support quality (22.8/100), and unit economics (22.2/100).
Steak 'n Shake has demonstrated -10% unit growth over the past 5 years, reflecting strong demand for this franchise opportunity among investors and entrepreneurs entering franchising.
The Franchise Information Center provides free consultations to help you evaluate whether the Steak 'n Shake franchise is the right franchising investment for your goals, budget, and market. Our expert franchise brokers work directly with franchisors on your behalf — at no cost to you.
Steak 'n Shake
FIC 22.4 · #627
DISCLAIMER: The financial information displayed on this page — including franchise fees, total investment ranges, liquid capital requirements, royalty fees, and unit counts — is provided for general informational purposes only and is sourced from publicly available data, third-party directories, and franchisor-published materials. This information may not reflect the most current figures disclosed in the franchisor's Franchise Disclosure Document (FDD). Investment amounts, fees, and terms are subject to change without notice and may vary based on location, market conditions, territory, and other factors. The Franchise Information Center (FIC) does not guarantee the accuracy, completeness, or timeliness of any financial data presented herein. Nothing on this page constitutes a franchise offering, investment advice, or a solicitation to purchase a franchise. A franchise offering can only be made through a Franchise Disclosure Document (FDD) registered and delivered in accordance with applicable federal and state law. Before making any investment decision, prospective franchisees should independently verify all financial data with the franchisor directly and consult qualified legal and financial advisors. The FIC Score is a proprietary analytical tool for informational purposes only and does not constitute an endorsement, recommendation, or guarantee of franchisee success or investment return.