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

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.

Bracket Battle Round 2 of the March Madness of Food

It's time for round two of our March Madness campus eats tournament. Here are two head-to-head battles for Friday night's Sweet 16 showdown.

The Bacon, Egg, Cheese, French Fry, Pastrami Sandwich

This behemoth has similarities to a typical bacon, egg and cheese, but takes it several yards further with five meats, fries, homemade slaw and tomato.

Tiffani Thiessen

Find out more about the host of Dinner at Tiffani's.

50 Shades of Great Entertaining

Since everyone’s got Grey on the brain, we thought we’d dish up suggestions for a "Fifty Shades of Great Entertaining" dinner party.

Comfort Fest: Dinner Casseroles

A casserole is can be defined as a glass or earthenware dish in which food is cooked and served. Often these recipes include creamy side dishes that are easy to make ahead or take to a party. But casseroles can also be the star of dinner thanks to hearty ingredients and hefty servings.

On TV

So Much Pretty Food Here