Shake Shack facts for kids
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Shake Shack at The Summit (Alabama)
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| Public | |
| Traded as |
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| Industry | Restaurants |
| Genre | Fast casual |
| Founded | July 2004, in New York City, United States |
| Founder | Danny Meyer |
| Headquarters | New York City, United States |
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Number of locations
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Areas served
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Key people
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| Products | Hamburgers, hot dogs, french fries, chicken, milkshakes, custards, beer, wine |
| Revenue |  US$459.31 million (2018) |
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Operating income
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 US$31.71 million (2018) |
| US$15.18 million (2018) |
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| Total assets | US$433.50 million (2018) |
| Total equity | US$433.51 million (2018) |
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Number of employees
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6,101 (2018) |
Shake Shack is an American restaurant chain that serves "fast casual" food. This means it offers higher-quality food than typical fast food, but it's still quick and easy. The company started in New York City.
It began as a hot dog cart in Madison Square Park in 2001. People loved it, and it became very popular. In 2004, Shake Shack opened a permanent spot in the park. They added more items to their menu, like hamburgers, fries, and their famous milkshakes.
Shake Shack has grown quickly since it started. In 2015, the company became public, meaning its shares could be bought and sold on the stock market. Today, Shake Shack Inc. owns and runs over 400 restaurants around the world.
Contents
The Story of Shake Shack
How Shake Shack Began
In 2000, Madison Square Park in New York City was being rebuilt. A restaurant owner named Danny Meyer helped create a group to improve the park. To raise awareness, they held an art show.
Danny Meyer's team set up a hot dog cart in the park. The hot dogs were made in the kitchen of one of Meyer's other restaurants. The cart became very successful and stayed open for almost three years.
In 2004, the city looked for someone to open a new restaurant in the park. Danny Meyer shared his idea, and the first Shake Shack opened in July 2004. At first, it was meant to be just one special restaurant for New York City. But it became so popular that the team realized they could open more locations.
Shake Shack is now the biggest part of Danny Meyer's restaurant group. Its restaurants earn a lot of money, much more than many other fast-food places. At the original park location, people sometimes wait over an hour for their food, especially on sunny weekends! There's even a webcam online that shows the line in real time.
Growing Across the World
In June 2010, Shake Shack opened its first restaurant outside New York City. This was in Miami Beach, Florida. Later that year, more locations opened in New York City. One of these helped improve a shopping area that had been struggling.
In 2011, Shake Shack planned to open a restaurant in Grand Central Terminal, a big train station in New York City. There was a delay because another restaurant would not leave the space. But the new Shake Shack finally opened in October 2013.
Shake Shack also opened its first airport location in May 2013. This was at JFK Airport in New York.
Becoming a Public Company
By August 2014, Shake Shack had opened restaurants in many states across the U.S. That month, news came out that the company was getting ready to "go public." This means selling shares of the company to the public on the stock market.
On January 29, 2015, Shake Shack sold its shares for $21 each. The next morning, January 30, 2015, the shares started trading on the New York Stock Exchange. Their price immediately jumped to $47 per share!
Shake Shack announced plans to open many more stores in the U.S. They aimed to open at least 10 to 14 new restaurants each year.
In 2015, Shake Shack started offering chicken sandwiches. They first tested them in Brooklyn, then made them available at all U.S. locations in January 2016.
In August 2016, Shake Shack began offering room service at a hotel in Chicago. This was the first hotel in America to offer Shake Shack food in its rooms.
Expanding to New Countries
Shake Shack has continued to grow around the world.
- In June 2016, the first Shake Shack opened in Korea. By 2024, there were 26 stores there.
- In October 2018, Shake Shack announced it would open in Singapore. The first store opened in 2019, and there are now eight locations.
- In June 2019, Shake Shack opened in Mexico City. It was so popular that people waited about two hours in line on opening day! The company plans to open 30 locations in Mexico by 2029.
- In August 2019, the first location in Utah opened in a historic school building.
- In April 2021, the first Shake Shack in Oregon opened.
- In January 2022, Shake Shack announced plans to open 10 restaurants in Malaysia over the next 10 years. The first one opened in April 2024.
- In March 2023, Shake Shack shared plans to expand into Canada, with the first store opening in 2024. They aim for 35 stores by 2035.
- Also in March 2023, Shake Shack launched in Thailand. The first branch opened in Bangkok, with plans for about 15 more by 2032.
- In April 2023, Shake Shack announced it would open in Israel, starting with Tel Aviv.
What's on the Menu?
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Shake Shack is known for its delicious milkshakes, which many people say are among the best. They also sell:
- Hamburgers
- Chicken burgers
- Fries
- Hot dogs
- Frozen custards (a type of ice cream)
- Beer and wine
Their most famous item is the ShackBurger. You can get it as a single or double patty. It comes with beef, American cheese, lettuce, tomato, and a special "Shack Sauce."
Shake Shack often changes its drink menu to include local flavors of the city where the restaurant is located.
Images for kids
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Shake Shack at The Summit
See also
- List of frozen custard companies
- List of hamburger restaurants
- List of hot dog restaurants
