TIME Fast Food

Here’s How Much a Single Shake Shack Is Worth

People walk past a Shake Shack restaurant in New York
© Carlo Allegri / Reuters—REUTERS People walk past a Shake Shack restaurant in the Manhattan borough of New York August 15, 2014.

That's a lot of burgers

Each Shake Shack 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 is worth just $10 million, while a McDonald’s[fortune-stock symbol=”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.

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