The Journal Gazette
Wednesday, May 08, 2019 1:00 am

Closed Steak 'n Shake facing shakeup

Kimberly Dupps Truesdell | For The Journal Gazette

The Steak 'n Shake restaurant on Coldwater Road closed abruptly this week, as it undergoes an ownership change and renovations.

A sign was posted on the door at 5303 Coldwater Road, alerting customers – and employees – of the news.

“We will be renovating by installing new equipment to improve our speed and customer service,” the sign reads. “This location will re-open under new Franchise ownership. In the meantime, we hope you visit one of our other nearby locations.”

There are Steak 'n Shake restaurants at 6019 Illinois Road and 5402 Meijer Drive.

The news of the temporary closing is just part of a larger problem for the burger franchise.

According a story published Monday in Restaurant Business Magazine, Steak 'n Shake sales and traffic have plummeted in the first part of 2019.

“The company has closed 46 corporate locations in the quarter ended March 31, 44 of which are listed as 'temporarily' closed,” according to the article.

“Steak 'n Shake had been temporarily closing restaurants, saying that they had been closed to get them ready to sell to franchisees as part of the chain's refranchising initiative. Such temporary closures are rare in refranchising, however, because it's traditionally more difficult to reopen closed locations.”

It is unclear whether the local Coldwater Road location had been corporate owned prior to the closing.

In the first quarter of 2019, same-store sales declined by 7.9%. Coupled with growing operating costs, the company has struggled.

To increase sales and revamp its image, Steak 'n Shake announced last year that it wanted to sell all of its company stores and use a manager-partner model similar to Chick-Fil-A.

Food truck graphic

Local food truck iGrandma's is in the running for the best food truck graphic from – the second year in a row for the nomination.

The website solicited nominations from its readers, receiving suggestions from across the globe. Out of nearly 500 submissions, Mobile-Cuisine selected 10 finalists.

Visitors to the website can vote through 7:59 p.m. Friday. Go to

Mom's Day buffet

The Lucky Moose, 622 E. Dupont Road, will have a Mother's Day buffet from 10 a.m. to 3 p.m.

In addition to the traditional Sunday omelet and crepe bar, which includes hash browns, pancakes and sausage, the buffet will feature baked chicken, lasagna, ribs, pulled pork, wild salmon, royal red shrimp, coconut shrimp, cajun shrimp and breaded tilapia. Dessert will be chocolate cake.

Cost is $14.95 for adults and half-price for ages 6 to 10; ages 3 to 5 will cost $3.99; and younger than 3 are free. Reservations are recommended; call 490-5765.

Around town

• Indianapolis-based Gentleman's Mustard will host a mustard and whiskey tasting from 3 to 5 p.m. Saturday at Three Rivers Distilling Co.

The event at the 224 E. Wallace St. distillery will include food and tasting stations including Gentlemen's Mustard varieties plus a new barrel-aged mustard; and Three Rivers Distilling Co. whiskeys – Wheated Bourbon, Franklin B. Rye and 122 Unaged Corn Whiskey.

The cost is $20, and tickets are available on Eventbrite.

• Everything has its day, and National Moscato Day is Thursday. Olive Garden will offer three ways for guests to enjoy the popular wine. The Passion Fruit Moscato 'Rita has tequila blended, chilled moscato and passion fruit puree. The Green Apple Moscato Sangria is a blend of chilled moscato, Granny Smith green apples and a splash of pineapple juice. The Watermelon Moscato Sangria is chilled moscato blended with watermelon and a splash of ginger ale.

The Dish features restaurant news and food events and appears Wednesdays. Fax news items to 461-8893, email or call 461-8304 at least two weeks before event or desired publication.

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