The Maplewood Steak ‘n Shake closed in January along with others in the St. Louis area with little explanation or warning to its employees. The Maplewood location posted a sign that it’s closed for renovations. Online, though, Steak ‘n Shake is seeking franchisees for 400-plus locations.
Steak ‘n Shake says: “For a total investment of $10K selected franchisees (who we call Franchise Partners) are granted the rights necessary to operate a franchised Steak ‘n Shake restaurant business.”
Steak ‘n Shake posted on Twitter, though it’s no longer there:
Also, this was sent to 40 South:
I have some news on Steak ‘n Shake. I have a friend that manages a location in Florida and I reached out to him and he said the St. Louis market was struggling and the locations that are closed right now are gonna be pick up only locations. No dine in! I don’t wanna go on record but that is what I know.