Current Steak and Shake Store Count
As of mid-2025, Steak and Shake operates a reduced number of company-owned and franchise locations compared with its peak. The exact count fluctuates as the company closes underperforming units and opens new franchise partners. For the most recent total, check the brand's official store locator or current SEC filings.
Why the Number of Locations Is Declining
Steak and Shake has closed dozens of restaurants over the past decade due to financial pressure, competition from fast-casual chains, and changing consumer habits. The brand filed for bankruptcy protection, restructured debt, and shifted toward a franchise model to reduce operating costs. These factors have steadily reduced the total number of Steak and Shake restaurants.
Where to Find the Latest Count
To track how many Steak and Shakes are left, use the official Steak and Shake website store locator, which lists currently operating locations by state. You can also review recent press releases from the parent company and filings with the U.S. Securities and Exchange Commission for updates on store counts and franchise activity. For broader industry context, the National Restaurant Association publishes data on chain restaurant trends.
