Steak ‘n Shake is a classic American brand founded in 1934 in Normal, Illinois by restaurateur Gus Belt, who pioneered the premium burger and milkshake segment of the restaurant industry.
Steak ‘n Shake is a wholly owned subsidiary of Biglari Holdings Inc., a diversified holding company engaged in a number of business activities.
In 2008, Biglari Holdings assumed control of Steak n Shake and the company has been on an exceptional trajectory, achieving a cumulative 35% increase in same-store customer traffic over the last 4 years. Steak n Shake has offices in San Antonio, Indianapolis, Los Angeles and Monaco. The Company currently operates over 500 restaurants both domestically and internationally.
Steak n Shake intends to lead and dominate the premium burger and milkshake segment of the restaurant industry. All decisions are framed through the customer’s perspective. Because we view ourselves as a fiduciary of the customer, we offer premium products – namely freshly made from scratch - flavorful burgers and shakes – at the lowest possible prices. This demands a conquest of cost minimization. Cost cutting that doesn’t impact the customer is in our DNA, along with making significant investments in people, technology and supply chain leveraging each of these resources to achieve expense ratios under those of our competitors.The result will be a superior organization with the infrastructure to export the Steak ‘n Shake Brand throughout the world. There are signed agreements with franchisees who in the coming years have committed to opening well over 200 units, including Europe and the Middle East. The company has an office in Monaco to support this international expansion with a quickly developing, cross-functional international organization able to execute with creativity, conformity, and consistency. In Europe Steak ‘n Shake will open several company-operated locations to introduce and promote the brand, with the first opening in Ibiza, Spain in spring of 2014. Our Culture seeks out truth tellers, not politicians. This radically transparent culture can be challenging to some but not those who seek constant improvement. Steak ‘n Shake has a performance-based culture, linking excellent pay for excellent performance. It is an entrepreneurial company. The company selects leaders who possess integrity, intellect and intensity who then are evaluated based upon attitude, activity and achievement. The company is seeking candidates who will be part of making history in the Company’s conquest to becoming a global brand and thereby dominating the premium burger and milkshake segment of the restaurant industry.
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