Steak 'n Shake

Franchise Overview

Steak 'n Shake is an iconic American fast-casual brand specializing in premium steakburgers and hand-crafted milkshakes made from real ice cream, combining counter service with a dine-in experience built around a streamlined, signature-focused menu.

Key Highlights

  • Nearly 90 years of brand heritage with strong national customer recognition
  • Franchise model converts established company-operated locations to franchisee ownership
  • Redesigned prototype format paired with modern technology integration for operators
  • People-first culture emphasizing community involvement and long-term 20-year agreements

Steak 'n Shake offers franchisees a proven comfort-food concept with deep roots in American dining, backed by operational training, marketing resources, and ongoing system-wide updates.

Just the Facts

For most current information, see Franchise Disclosure Documents

In Business Since1939
Number of Units0
Min Liquid Capital
Required Networth
$$$Total Investment$156K – $1.7M

Steak 'n Shake Franchise Disclosure Documents (FDD)

These official Steak 'n Shake FDDs contain 23 sections of federally mandated disclosures such as franchisee obligations, franchisor litigation, and financial performance. FDD's are typically 100+ pages long and are critical to evaluate when researching a franchise.

Available Documents

Steak n Shake FDD 2026

May 2026

$99.00

Steak n Shake FDD 2025

April 2025

$99.00

Steak n Shake FDD 2025

April 2025

$99.00

Steak n Shake FDD 2024

April 2024

$99.00

Steak n Shake FDD 2024

April 2024

$99.00

Steak n Shake FDD 2022

May 2022

$99.00

Steak n Shake FDD 2022

May 2022

$99.00

Steak n Shake FDD 2021

May 2021

$99.00

Steak n Shake FDD 2021

May 2021

$99.00

Steak n Shake FDD 2020

March 2020

$99.00

Steak n Shake by Biglari FDD 2019

June 2019

$99.00

Steak n Shake FDD 2018

August 2018

$99.00

Steak n Shake FDD 2018

May 2018

$99.00

Steak n Shake FDD 2017

May 2017

$99.00

Steak n Shake FDD 2016

May 2016

$99.00

Steak n Shake FDD 2016

January 2016

$99.00

Steak n Shake FDD 2014

December 2014

$99.00

Note: Purchased FDDs are available for immediate download. The $99 Document Processing Fee covers acquisition, storage, organization, and digital delivery of the FDD document.