Skip to main content
QSR INDEXMCD 292.41 +0.8%SBUX 84.12 −1.2%YUM 148.77 +0.4%QSR 68.90 +1.1%CMG 48.15 −0.3%DPZ 421.55 +2.1%WING 244.63 +3.4%SHAK 96.20 −0.7%WEN 14.02 +0.2%69 CHAINS TRACKED · UPDATED DAILY
QSR Pro
ArticlesChainsReportsToolsRankingsGlossary
Subscribe
QSR Pro

The definitive source for QSR industry intelligence — for operators, franchisees, and investors.

69+ chains · 645+ articles · daily

Never miss an update

Content

  • All Articles
  • Trending
  • Popular
  • Collections
  • Guides
  • Topics
  • Archive

Categories

  • Operations
  • Finance
  • Technology
  • Industry Analysis
  • Marketing
  • People & Culture

Research

  • Chain Database
  • Compare Franchises
  • State Guides
  • Best QSR by City
  • Industry Reports
  • QSR Glossary
  • Rankings
  • Market Map

Tools

  • Franchise Calculator
  • Wage Benchmarks
  • Break-Even Analysis
  • All Tools

Resources

  • Start Here
  • Reading List
  • Newsletter
  • Site Directory
  • RSS Feed

Company

  • About
  • Contact
  • Advertise
  • Privacy Policy
  • Terms of Service

Connect

LinkedIn

© 2026 QSR Pro. All rights reserved.

Built with precision for the QSR industry

The Database/BURGER

Shake Shack

SHAK · EST. 2004 · New York, New York

+ CompareFDD notes
US UNITS423−1.2% YOY
GLOBAL UNITS500
AUV (US)$4.1M
INVESTMENT RANGE$2–5M
FRANCHISED %45%

01The Read

Fast-casual burger chain with premium ingredients and modern brand

FIG 1 — US UNIT COUNT, 2019–2025
397
2019
401
2020
415
2021
414
2022
418
2023
428
2024
423
2025

SOURCE: QSR PRO ESTIMATES

02Our Coverage

6 STORIES
The Real Math on Alcohol in QSR: What Taco Bell's Cantina Shortfall RevealsMAR 28, 2026OpenTable's System of Record Mandate Is the Opening Shot in a Three-Way War for Your GuestsMAR 25, 2026Restaurant Growth Stocks Hit a Wall: Inside the Late-February 2026 SelloffMAR 24, 2026Freddy's Frozen Custard Changes PE Hands: What Serial Buyouts Tell Us About QSR Franchise Valuations in 2026MAR 24, 2026The Company-Owned Advantage: Why Fast-Casual's Biggest Winners Are Rejecting FranchisingMAR 24, 2026White Castle's Texas Gambit: Why the Slider Icon Is Finally Crossing the Red RiverMAR 24, 2026
FDD Fact Sheet · 2025
FRANCHISE FEE
$50K
ROYALTY
5%
AD FUND
—
TERM
10 YRS
LIQUIDITY
$600K
NET WORTH
$3M

Segment Peers

McDonald'sBurger KingWendy'sSonic Drive-InJack in the Box
QSR Pro Advisory

Evaluating a Shake Shack franchise?

Our advisory desk models unit economics, territory, and FDD terms before you sign anything.

Talk to Advisory