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.
|Company-operated restaurant growth||-0.2%||-0.2%||0.2%||0.2%||0.0%||0.2%|
|Franchised restaurant growth||14.6%||11.8%||8.7%||4.8%||9.4%||3.0%|
|Systemwide restaurant growth||4.7%||3.8%||2.9%||1.7%||2.7%||1.0%|
|Avg restaurant gross sq ft||4,600||4,600||4,600||4,600||4,600||4,700|
|Avg restaurant gross sq ft growth||-1.3%||-1.0%||-0.6%||0.4%||-1.3%||-0.9%|