Shake Shack Files For a Massive $100 Million IPO

Boutique burger shop Shake Shake is boutique no longer, filing for an IPO to the tune of $100 million.

Burgers are big business, as anyone in the burger business can tell you.  Burger joints reign supreme over any other kind of restaurant, making twice the dough of their nearest competitor, pizza parlors. So, with that in mind, it should come as no surprise that NYC darling Shake Shack has just filed for a $100 million initial public offering with the U.S. Securities and Exchange Commission.

What does this mean? Well, for one, expect to be able to buy and sell Shake Shack stocks in the near future. You should also expect many new franchise locations to open up around the world. The company plans to open ten new locations per year, capping out at a ludicrous 450. They are also rebranding themselves under the new label 'fine casual.' It's sort of like casual Friday if, instead of finally being able to eschew that suit, you had to wear one of those dumb tuxedo t-shirts.

The documents outlining the offering have some interesting facts about the company, including their plans to open multiple locations in Russia and the success of the Middle East market, which already boasts twenty locations. It looks like the golden arches may face some stiff competition from brisket burgers in the near future.

Next Up

25 Ways to Use Brussels Sprouts

Forget whatever you may have thought about Brussels sprouts in your youth and give them another try.

A Lasagna Made With Gold

Proving the old theory that any comfort food can be improved upon with the addition of precious metals, this Las Vegas resort created a lasagna made with gold.

Comfort Fest: Bobby's Breakfast for Dinner Recipes

After a polar vortex you might be tempted to hunker down and order delivery instead of putting on snow pants to head to the supermarket. But these comforting recipes from Bobby Flay might have you thinking otherwise, especially since they are classic breakfast and brunch recipes that are even better when served after 5pm.

Eat Your Feelings with a Comfort Food-Filled Oscars Party

Get 2016 Oscars party ideas, food and recipes on Cooking Channel.

Pizza Hut Australia Says Screw it and Tops Pizzas with Doritos

Pizza Hut Australia now tops their crusts with a whole bunch of Doritos just to prove that they can.

The Kids in the Hall's Bruce McCulloch on His Love of Sandwiches

Bruce McCulloch of the Kids in the Hall participated in an Ask Me Anything on Reddit. His most enlightening feedback came in response to whether or not he liked sandwiches.

On TV

Food's Greatest Hits

7:30am | 6:30c

Food's Greatest Hits

8:30am | 7:30c

Food's Greatest Hits

9:30am | 8:30c

Cheap Eats

10am | 9c

Cheap Eats

10:30am | 9:30c

Cheap Eats

11am | 10c

Cheap Eats

11:30am | 10:30c

Cheap Eats

12pm | 11c

Cheap Eats

12:30pm | 11:30c

Cheap Eats

1pm | 12c

Cheap Eats

1:30pm | 12:30c

Good Eats

2pm | 1c

Good Eats

2:30pm | 1:30c

Man Fire Food

3:30pm | 2:30c

Man Fire Food

4:30pm | 3:30c

Man Fire Food

5:30pm | 4:30c

Man Fire Food

6:30pm | 5:30c
On Tonight
On Tonight

Burgers, Brew & 'Que

8pm | 7c

Burgers, Brew & 'Que

8:30pm | 7:30c

Food Truck Nation

9:30pm | 8:30c

Man v. Food

10pm | 9c

Man v. Food

10:30pm | 9:30c

Man v. Food

11pm | 10c

Man v. Food

11:30pm | 10:30c

Burgers, Brew & 'Que

12:30am | 11:30c

Food Truck Nation

1:30am | 12:30c

Man v. Food

2am | 1c

Man v. Food

2:30am | 1:30c

Man v. Food

3am | 2c

Man v. Food

3:30am | 2:30c
What's Hot

So Much Pretty Food Here