PRESS RELEASE
Monaco, France - 22 February 2019 – Steak ‘n Shake, the pioneer and market leader of the premium burgers segment of the restaurant industry, has entered into an exclusive agreement with Franchise Arabia Group to expand presence in the Middle East North Africa region.
With over 700 operating restaurants in the U.S, Europe, Saudi Arabia, and Qatar, Steak ‘n Shake is a classic American brand featuring premium burgers and shakes. In 1934, Steak ‘n Shake pioneered “better burgers” hand-crafting burgers made with cuts of steak. Premium burgers; great prices; excellent Franchisee profits.
Since 2008 under the ownership of Sardar Biglari of Biglari Holdings, Steak n Shake recorded one of the best performances in the restaurant industry in recent times. Mr. Biglari had the vision and saw the need in the Middle East and Europe for a premium burger and milkshake at affordable prices, a quality and value commitment that Steak n Shake has been providing to its Guests for eighty-four years and the formula that is fueling our expansion across the Middle East and Europe”.
Greg Carey, Senior Vice President, Business Development, said, "We are very selective who we choose to work with, especially on an exclusive basis in such an important region such as MENA, which has so much potential for growth for Steak N’ Shake. Franchise Arabia is known as the voice of franchising in the region and we believe that this partnership will see our brand go to the next level in the MENA region, which we are excited about”.
Omar Alhaza’a, Founder & CEO, Franchise Arabia said, “I am confident that our partnership with Steak n Shake will prove to be prosperous and will mark a notable achievement for this amazing brand. It is our pleasure to represent such a reputable brand in the fast-casual industry here in the region. We have always taken pride in our company with the ability to pioneer breakthrough brands that have continuously allowed us to connect with a diverse range of investors and customers.”
Steak ‘n Shake pioneered the concept of a ”better burger” by hand-crafting burgers made with cuts of steak, the Steakburgers™. The formula was simple but true: provide the best quality burger in the business and cook it in sight of the client. Since then, the brand has become one of the most recognized and loyal brands in the restaurant business.
About Steak ‘n Shake
Steak ‘n Shake is a classic American brand serving premium burgers and shakes. Founded in 1934 in Normal, Illinois, Steak n Shake is the leader in the fast casual "better burger" segment of the restaurant industry, offering its famous, original Steakburger™ and its delicious hand-dipped Milk Shakes. The hand-crafted steakburger, freshly prepared to each guest's order, is made with 100% beef, and contains no preservatives and no artificial ingredients. All the food on the menu is prepared according to the guest's specifications. Steak n Shake establishes and operates both corporate and multi-unit franchise territories with nearly 700 restaurants. Steak n Shake is the 2010 recipient of the Nation's Restaurant News Golden Chain Award. In 2012 Zagat recognized Steak n Shake as having the #1 Milkshake.
Steak n Shake is a wholly-owned subsidiary of Biglari Holdings Inc. (NYSE: BH).
About Franchise Arabia
Known as the ‘The Voice of Franchising’ in the MENA region, award-winning Franchise Arabia is the 1st and most trusted portal that matches the best franchise opportunities with prospective franchisees, we are the premier destination for both franchisors & franchisees to match-make business opportunities in the Middle East North Africa region and worldwide.
We expertly assist franchisors to enter new markets and assists investors to acquire franchises for the best franchised and most recognized brands in the world. We give companies the two vital ingredients that they most need to grow: The right platform to showcase their brand, and the opportunity to generate qualified leads.
Today, with over 100 franchise opportunities, we have a proven track-record and a concept that has achieved and sustained growth rates at or above the expected benchmarks, during which we have gained tremendous regional & global traction.
➽ For information on how to invest in Steak ‘n Shake franchise, please contact our team at: info@franarabia.com
Learn more about Steak n Shake here: http://franarabia.com/franchises/steak-n-shake
