Multi-Unit Steak 'n Shake Opportunity GA/TN
Not Disclosed, GA Not Disclosed
4 Units in GA & TN
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- RE: Multi-Unit Steak 'n Shake Opportunity GA/TN
- Contact: Jerome Thissen
- License #: 1154666
Quick Facts
| Asking Price: | $6,400,000 | |
| Annual Revenue: | $9,943,290 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,349,297 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1003458 | |
| Broker Reference #: | SNSGATN4 |
Business Overview:
Real estate available but not included in List Price.
Two years of double-digit sales increases. Ideal locations with extraordinary store performance.
Steak 'n Shake was founded in 1934 by A.H. "Gus" Belt in Normal, Illinois, transforming a gas station into a popular dining spot. Gus and his wife Edith introduced the Steakburger, made from fresh cuts of steak ground in full view of customers, promoting quality and transparency. The restaurant's success grew with its hand-dipped milkshakes and commitment to premium ingredients, expanding across Illinois and into other states. Today, Steak 'n Shake is a beloved American icon, known for its signature burgers and shakes, maintaining a legacy of quality and innovation in the fast-casual dining scene.
$1 million net worth with at least $400k liquid. Solid multi-unit restaurant management experience recommended but not required. Franchisees from non-competing brands are welcome.
Contact the Seller:
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Property Features and Assets:
All signs, fixtures, and equipment included except noted leases. Equipment is in good working condition at time of changeover.
Market Competition and Expansion:
Comprehensive training provided by Franchisor
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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