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Is Shake Shack A Good Investment?

It seems like a familiar trend: a “fast casual” restaurant advertising fresher, better food than traditional fast food places is going public, in the hopes of raising huge amounts of money so it can quickly expand, Chipotle-style. That’s the story of Shake Shack, a burger joint with 63 locations worldwide, which started as a hot dog stand in Madison Square Park in 2000. The company officiallydeclared its intention to go public on Monday hoping to raise $100 million, primarily to build new stores. Shake Shack, like Chipotle, plans on owning its own stores, instead of franchising them out. Its plan is to capitalize on …Read more »

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