What is the Average Cost of a Steak ‘n Shake Franchise? Average Steak ‘n Shake Franchise Price

The Steak ‘n Shake is a chain of casual dining restaurants and was founded in 1934 in Illinois. It operates more than 40 franchise units and over 400 restaurants in 19 states. The Steak ‘n Shake is famous for its variety of food items such as Turkey melt and grilled chicken breasts. To set up a Steak n Shake franchise, a total amount of $2,500,000 is required as an initial investment. The franchise fee is around $40,000 with a royalty fee of 4% on net annual sales.