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Steak n' Shake coming to BR
Posted on 4/26/11 at 8:18 pm
Posted on 4/26/11 at 8:18 pm
Steak ‘n Shake, the Midwestern chain famous for its hamburgers and shakes, plans to open seven restaurants in Baton Rouge and New Orleans. Bob Franke, senior vice president of franchise development for Steak ‘n Shake, says an agreement has been reached with a local franchise group to build the locations. This is part of an aggressive push by Steak ‘n Shake to open 1,000 new restaurants in the next couple of years. Franke says the local franchisees are eyeing stand-alone locations and restaurants inside strip shopping centers. Indianapolis-based Steak ‘n Shake has nearly 500 restaurants but none in Louisiana. Franke says the plan is to open the chain’s first Louisiana restaurant by the fall.
Daily Report
Daily Report
Posted on 4/26/11 at 8:20 pm to potent357
Steak n' Shake should fit in well in the paradise of BR chain restaurants.
Posted on 4/26/11 at 8:20 pm to potent357
I didn't that was a kinda of franchise that opened new locations...I just figured they would be extinct sooner rather than later...
Posted on 4/26/11 at 8:26 pm to potent357
quote:
Steak n' Shake
Is really good for a chain. I love the burgers, fries and shakes. I haven't eaten fast food in like four years, but I will inhale a triple cheese, fries and chocolate shake.
Posted on 4/26/11 at 8:37 pm to potent357
Let me take out the SUNSHINE and add a little REALITY:
Steak ‘n Shake, the moderately successful Midwestern chain with minimal brand awareness and zero brand loyalty outside it's core area for its hamburgers and shakes, has contractually obligated it's sucker franchisee to open seven restaurants in Baton Rouge and New Orleans, which would be suicidal for the aforementioned franchisee. Bob Franke, senior vice president of franchise development for Steak ‘n Shake,who has ZERO skin in the game, says an agreement has been reached with a local franchise group to build a single location, operate it for one year, deplete his life savings and return his home to the bank. This is part of an myopic Utopian push by Steak ‘n Shake to open 1,000 new restaurants in the next couple of years, or fourteen, whichever comes first. Franke says the local franchisees are eyeing stand-alone locations with exorbanant build-out costs and restaurants inside strip shopping centers where they can lose their asses much faster. Indianapolis-based Steak ‘n Shake has nearly 500 restaurants but none in Louisiana, because no sucker has yet to take the bait. Franke says the plan is to open the chain’s first Louisiana restaurant by the fall if the franchisee does not run fleeing for his life.
Steak ‘n Shake, the moderately successful Midwestern chain with minimal brand awareness and zero brand loyalty outside it's core area for its hamburgers and shakes, has contractually obligated it's sucker franchisee to open seven restaurants in Baton Rouge and New Orleans, which would be suicidal for the aforementioned franchisee. Bob Franke, senior vice president of franchise development for Steak ‘n Shake,who has ZERO skin in the game, says an agreement has been reached with a local franchise group to build a single location, operate it for one year, deplete his life savings and return his home to the bank. This is part of an myopic Utopian push by Steak ‘n Shake to open 1,000 new restaurants in the next couple of years, or fourteen, whichever comes first. Franke says the local franchisees are eyeing stand-alone locations with exorbanant build-out costs and restaurants inside strip shopping centers where they can lose their asses much faster. Indianapolis-based Steak ‘n Shake has nearly 500 restaurants but none in Louisiana, because no sucker has yet to take the bait. Franke says the plan is to open the chain’s first Louisiana restaurant by the fall if the franchisee does not run fleeing for his life.
Posted on 4/26/11 at 9:37 pm to potent357
The food looks really good for fast food.
Posted on 4/27/11 at 11:27 am to potent357
I'm surprised there's so much love for Steak n' Shake here. Maybe the ones I've been to in ATL just are weak locations but I found the burgers and fries pretty mediocre. Shakes are pretty good though.
Posted on 4/27/11 at 4:20 pm to potent357
My God, will the pain never end?
I guess it common knowledge just how open BR is to out of state chains.
I guess it common knowledge just how open BR is to out of state chains.
Posted on 4/28/11 at 11:16 pm to potent357
Why is it called Steak n shake? They don't sell steaks.
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