As of Mar 31, 2017, the company operated 417 Steak n Shakes and 3 Western Sizzlin locations, and franchised 182 Steak n Shake and 62 Western Sizzlin restaurants.

In fiscal 2016, the company opened 29 net new franchised Steak n Shake locations and closed 3 Western Sizzlin locations. During the first quarter of fiscal 2017, the company opened 9 net franchised Steak n Shake locations and closed 2 net franchised Western Sizzlin locations.

At year-end, the company owned the land and building for 154 restaurants and leased the remainder.

Historically, a typical Steak n Shake restaurant was generally 4,200 square feet and had approximately 100 seats. In 2010, the company switched to a new prototype of 3,300 to 3,800 square feet with approximately 94 seats. The company also introduced smaller prototypes, including an in-line format with 2,000 to 2,500 square feet with 50 seats, and a non-traditional format for food courts and airports with 500 to 800 square feet. Western Sizzlin restaurant concepts average about 8,300 square feet, with seating for 283 guests, and there is a smaller prototype of 6,000 square feet, and Great American Steak & Buffet and Wood Grill Buffet concepts range from approximately 8,000 to 12,600 square feet.

TTM20162015201420132012
Company-operated restaurants420420421420419419
Company-operated restaurant growth-0.2%-0.2%0.2%0.2%0.0%0.2%
Franchised restaurants244237212195186170
Franchised restaurant growth14.6%11.8%8.7%4.8%9.4%3.0%
Systemwide restaurants664657633615605589
Systemwide restaurant growth4.7%3.8%2.9%1.7%2.7%1.0%
Avg restaurant gross sq ft4,6004,6004,6004,6004,6004,700
Avg restaurant gross sq ft growth-1.3%-1.0%-0.6%0.4%-1.3%-0.9%