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The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

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1

The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

2

Richard Branson double-booked his own job interview. The candidate stuck in traffic with him for 2.5 hours is now Virgin's CEO

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IBM’s CEO disagrees with JPMorgan CEO Jamie Dimon’s disdain for texting in meetings: ‘Telling people they can't use their technology would be weird’
RetailShake Shack

Here’s how much a single Shake Shack is worth

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
Down Arrow Button Icon
May 22, 2015, 12:30 PM ET
Photograph by Carlo Allegri — Reuters
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Each Shake Shack(SHAK) restaurant is reportedly worth $50 million, according to a chart by Zero Hedge citing value per restaurant as included in public filings.

If accurate, Shake Shack outpaces the value-per-restaurant of its competition by far. For example, Business Insider reported that each Chipotle (CMG) is worth just $10 million, while a McDonald’s(MCD) is worth just $3 million.

Shake Shack currently has 63 locations and expects to open up hundreds more in the future. The company went public at the start of 2015, with the stock price rising over 130% on the first day of trading to $49 per share. As of Friday morning, shares were above $90 each.

About the Author
By Benjamin SnyderManaging Editor
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Benjamin Snyder is Fortune's managing editor, leading operations for the newsroom.

Prior to rejoining Fortune, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Fortune in 2014.

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