American restaurant chain Steak ‘n Shake Inc. plans to open 12 new restaurants at the end of the first quarter of 2021. The company opened 33 restaurants in the fourth quarter of 2020. The company has recently gone debt-free, making Steak ‘n Shake one of the strongest companies in the restaurant industry, according to PR Newswire’s news.
Says Steak n Shake CEO Sardar Biglari, “By paving the way for franchise partners to live the American Dream, we are providing them an opportunity to attain financial liberty. A franchise partnership is a passport that cannot be purchased but only earned”.