The global fast food restaurant chain Shake Shack, which began just a little over 10 years ago as a small hot dog stand in New York City’s Madison Square Park, may be looking to go public, people familiar with the matter told Reuters on Friday.
Union Square Hospitality Group LLC, which owns the majority of Shake Shack, has reportedly been interviewing investment banks over the past several weeks to run its IPO, according to Reuters. If the fast food chain does indeed go public, it would join several restaurant companies that made the leap this year, including the Mexican chicken chain El Pollo Loco and the Mediterranean-Southern food company Zoe’s Kitchen, The New York Times reports.
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