Steak n Shake By Biglari vs SUNNY ON SOUTH
Franchise Comparison 2026
Both Steak n Shake By Biglari and SUNNY ON SOUTH are full-service restaurants franchises. Steak n Shake By Biglari requires an investment of $316K – $2.7M while SUNNY ON SOUTH requires $755K – $2.3M. Steak n Shake By Biglari discloses average revenue of $1.8M; SUNNY ON SOUTH does not report Item 19 data. Steak n Shake By Biglari has SBA lending data on file with a 0.0% charge-off rate. FranchiseVerdict rates Steak n Shake By Biglari A (Top Quintile) and SUNNY ON SOUTH D (Below Average).
| Metric | Steak n Shake By Biglari | SUNNY ON SOUTH |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | DBelow AverageBelow Average |
| Investment Range | $316K – $2.7M | $755K – $2.3M |
| Franchise Fee | $25K | $40K |
| Royalty Rate | 4.0% | 6.0% |
| Average Revenue (Item 19) | $1.8M | N/A |
| SBA Charge-Off Rate | 0.0% (12 loans) | N/A |
| Total Units | 406 | 1 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1939 | 2025 |
| FDD Year | 2025 | 2025 |
Investment Range
$316K – $2.7M
$755K – $2.3M
Franchise Fee
$25K
$40K
Royalty Rate
4.0%
6.0%
Average Revenue (Item 19)
$1.8M
N/A
SBA Charge-Off Rate
0.0% (12 loans)
N/A
Total Units
406
1
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1939
2025
FDD Year
2025
2025