<span style="font-family: 'Arial Black', sans-serif;">The </span>Shake Shack franchise cost<span style="font-family: 'Arial Black', sans-serif;"> is high because the brand does </span><strong style="font-family: 'Arial Black', sans-serif;">not offer traditional franchising<span style="font-family: 'Arial Black', sans-serif;">. Shake Shack only expands through </span><strong style="font-family: 'Arial Black', sans-serif;">company-owned stores and licensed partners<span style="font-family: 'Arial Black', sans-serif;">. For licensed locations, the estimated </span><strong style="font-family: 'Arial Black', sans-serif;">initial investment ranges from $2 million to $3.5 million per location<span style="font-family: 'Arial Black', sans-serif;">, depending on size and location. This cost includes construction, equipment, design, permits, and opening expenses</span>

<span style="font-family: 'Arial Black', sans-serif;"> </span>