The Illinois-based company is shutting down locations nationwide.
Steak n’ Shake, the diner-stylized fast-food chain, is permanently closing 57 of its locations throughout the country due to coronavirus-caused financial problem.
Last year, the restaurant chain had 624 functioning eateries throughout the world. At the beginning of 2020, it had 553. In the months to come, it will lose 57 of those.
Steak n’ Shake is owned by Biglari Holding Inc., which announced its closures in its recent earnings report:
“The COVID-19 pandemic had an adverse effect on our restaurant operations, thereby resulting in the evaluation of company-operated restaurants for recoverability,” the report said. The report added that worsening conditions surrounding the pandemic could further impair the company.
Biglari did not disclose which locations would be shut down. There are 28 Steak n’ Shake restaurants in the Chicago area.
Steak n’ Shake had closed dining areas in its restaurants at the beginning of the pandemic, although most of its locations continue to offer takeout and drive-thru options.
“While dine-in options have been temporarily banned in some states, our drive-thru experience, convenient contactless online ordering for take-out, and delivery options through our third-party partners remain open in all available locations for those in need,” Biglari said. “Customers can check the operational status of their local restaurant at www.steaknshake.com by clicking on ‘Find a Location.'”
[Featured image: @steaknshake]