<p class="MsoNormal"><span style="font-family: 'Arial',sans-serif; color: black; mso-themecolor: text1;">The Shake Shack franchise cost is high because the brand does not offer traditional franchising. Shake Shack only expands through company-owned stores and licensed partners. For licensed locations, the estimated initial investment ranges from $2 million to $3.5 million per location, depending on size and location. This cost includes construction, equipment, design, permits, and opening expenses</span>