A national restaurant chain is waiving its franchise fees for veterans.
Steak ‘n Shake announced an agreement with the Department of Veterans Affairs (VA) on Wednesday to waive the $10,000 fee it normally charges for veterans seeking to run their own Steak ‘n Shake franchise. The longtime U.S. chain is known for its Steakburger, homemade milkshakes, and beef tallow fries.
“VA is all about helping those who have worn the uniform achieve the American Dream,” VA Secretary Doug Collins said in a statement, adding that it will “make it easier” for veterans to accomplish such goals.
As part of the agreement, Steak ‘n Shake restaurants across the United States will raise awareness of VA health care and benefits by providing information on their websites and signage in their stores, according to the VA. Restaurants will also prioritize hiring veterans and other VA beneficiaries, including family members and carers, for leadership positions in the company.
“I’m grateful to Secretary Collins and the Department of Veterans Affairs for their support of this initiative,” Michael Boes, who was hired as Steak ‘n Shake’s first chief MAHA officer in April, said in a statement.
“Veterans are among the finest leaders in our country, and this partnership is about translating our respect for them into real economic opportunity—both behind the counter and at the ownership level,” he added.
‘Most Pro-Veteran Restaurant in America’
The announcement received praise from at least one GOP lawmaker who joined Collins.
“Steak ‘n Shake, in my opinion, just cemented themselves as the most pro-veteran restaurant in America,” Sen. Jim Banks (R-Ind.) said.
The restaurant chain wrote on X: “Thank you, Secretary Collins and Senator Banks. We love our veterans and are proud to be able to support them. We appreciate all that President Trump is doing for our great country.”
Steak n’ Shake is not the only American business that offers special deals for veterans. Pirtek USA, which provides hydraulic hose repair and replacement services to customers, offers veterans a 30% discount off of their initial franchise fee.
Poll Scouts, which provides pool maintenance services, offers a 20% discount to veterans.
Aside from its deal with Steak ‘n Shake, VA has recently overhauled its police force to deal with a series of structural problems in the force.
The VA also announced on Monday that its disability claims backlog had dropped below 70,000 this week, a number not reached since the start of the COVID-19 pandemic six years ago.
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40 Comments
Exploration results look promising, but permitting will be the key risk.
Good point. Watching costs and grades closely.
Good point. Watching costs and grades closely.
If AISC keeps dropping, this becomes investable for me.
Good point. Watching costs and grades closely.
Good point. Watching costs and grades closely.
Interesting update on New VA, Fast Food Chain Agreement Waives $10,000 Fee for Veteran Franchisees. Curious how the grades will trend next quarter.
Good point. Watching costs and grades closely.
Good point. Watching costs and grades closely.
Production mix shifting toward USA might help margins if metals stay firm.
Exploration results look promising, but permitting will be the key risk.
If AISC keeps dropping, this becomes investable for me.
Production mix shifting toward USA might help margins if metals stay firm.
Good point. Watching costs and grades closely.
Good point. Watching costs and grades closely.
Exploration results look promising, but permitting will be the key risk.
Good point. Watching costs and grades closely.
Good point. Watching costs and grades closely.
I like the balance sheet here—less leverage than peers.
Good point. Watching costs and grades closely.
I like the balance sheet here—less leverage than peers.
The cost guidance is better than expected. If they deliver, the stock could rerate.
If AISC keeps dropping, this becomes investable for me.
Uranium names keep pushing higher—supply still tight into 2026.
Good point. Watching costs and grades closely.
Production mix shifting toward USA might help margins if metals stay firm.
Good point. Watching costs and grades closely.
Uranium names keep pushing higher—supply still tight into 2026.
Good point. Watching costs and grades closely.
Production mix shifting toward USA might help margins if metals stay firm.
Nice to see insider buying—usually a good signal in this space.
Good point. Watching costs and grades closely.
Good point. Watching costs and grades closely.
Silver leverage is strong here; beta cuts both ways though.
Silver leverage is strong here; beta cuts both ways though.
Exploration results look promising, but permitting will be the key risk.
Good point. Watching costs and grades closely.
Good point. Watching costs and grades closely.
I like the balance sheet here—less leverage than peers.
Good point. Watching costs and grades closely.