The fast food chain Steak n Shake has announced it will auction off 15 of its locations in August, including the Steak n Shake in Benton Harbor. In all, three locations in Michigan will be up for grabs for minimum bids of $367,000 each. The Benton Harbor Steak n Shake closed last year, along with all of the 15 locations being auctioned off. The Benton Harbor location had struggled with poor service for years prior to being shuttered. Keen-Summit Capital Partners and NAI Global will run the sale of the Steak n Shake locations, according to MLive. They told the outlet many of the locations being auctioned off are “virtually turn-key with much of the restaurant equipment available within the building.” The deadline for bids on the properties is August 31, and the auction will be held on September 4. When all is said and done, Benton Harbor could wind up with a Steak n Shake again.
