# Shake Shack Inc.

Shake Shack Inc. is a Fast Casual Restaurant Chain based in New York, United States.

## Overview

- **Organization type:** Fast Casual Restaurant Chain
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 2004
- **Assets under management:** Undisclosed
- **Website:** shakeshack.com
- **LinkedIn:** https://www.linkedin.com/company/shakeshack

## Regulatory record

- **Reports private funds:** No

## About

Shake Shack Inc. was founded in 2004 by restaurateur Danny Meyer as a permanent kiosk in New York City's Madison Square Park, expanding from a single cart launched in 2001. The company went public on the New York Stock Exchange under the ticker SHAK in January 2015, raising capital through an IPO. Meyer, through his hospitality group Union Square Hospitality Group (USHG), retains a significant ownership stake and remains chairman. The company's operating model focuses on premium fast-casual burgers, shakes, and fries, with a mix of company-operated and licensed locations. As of 2023, Shake Shack had over 300 restaurants in the US and 14 international markets, including the UK, Japan, and the Middle East. Revenue streams come primarily from company-operated sales, with licensing fees from international partners. With over 10,000 employees globally, Shake Shack's team includes leadership from CEO Randy Garutti, who has been with the company since 2004. The brand maintains its headquarters in New York City with additional corporate offices in La Jolla, California, and Montreal, Canada. In 2022, Shake Shack opened its first drive-thru location, marking a shift toward convenience-oriented growth. Shake Shack's structural differentiator is its origin as a USHG concept — one of the few successful spin-offs from a multi-concept restaurant group into a publicly traded standalone company. The separation from USHG in 2015 created a unique capital structure where the founding hospitality group holds a minority stake while the public markets fund expansion.

## Sectors

- Restaurants
- Food & Beverage
- Hospitality

## Offices

- La Jolla
- Bellaire
- Nashua
- Montreal

## Questions

### How does Shake Shack make money?

The company generates revenue from company-operated restaurant sales (the majority) and licensing fees from international operators. In 2023, system-wide sales exceeded $1 billion.

### Where are Shake Shack's corporate offices?

The company's global headquarters is in New York City. It also maintains corporate offices in La Jolla, California, and Montreal, Canada, which support operations and international expansion.

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Last updated: 2026-06-03T20:00:00.000Z

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