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---
description: The latest in a growing trend
title: The Best Burger Joint in the World Is About to Make a Big Change
image: https://static.time.com/v3/assets/bltea6093859af6183b/blta006cc11a45b94ea/69869fddf983e7d32004f423/475624093.jpg?branch=production&amp;width=3840&amp;quality=75&amp;auto=webp&amp;crop=16:9
---

![](https://static.time.com/v3/assets/bltea6093859af6183b/blta006cc11a45b94ea/69869fddf983e7d32004f423/475624093.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9)

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# The Best Burger Joint in the World Is About to Make a Big Change


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[Fortune](/author/fortune/)


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Aug 18, 2014 10:58 AM CUT

![475624093](https://static.time.com/v3/assets/bltea6093859af6183b/blta006cc11a45b94ea/69869fddf983e7d32004f423/475624093.jpg?branch=production&width=3840&quality=75&auto=webp&crop=3:2)

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Food PornLoic Lagarde—Getty Images/Flickr Open

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Aug 18, 2014 10:58 AM CUT

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This post is in partnership with Fortune, which offers the latest business and finance news. Read the article below originally published at [Fortune.com](http://fortune.com/2014/08/15/shake-shack-ipo-plans/ "undefined").

_By John Kell_

Fast-food burger chain Shake Shack is reportedly planning to launch an initial public offering, the latest dining chain angling to give investors something to chew on.

The company’s majority owner, Union Square Hospitality Group LLC, has reportedly interviewed banks in recent weeks to appoint underwriters for the IPO, Reuters [reported on Friday](http://www.baltimoresun.com/business/sns-rt-us-shakeshack-ipo-exclusive-20140815,0,1629361.story "undefined"), citing people familiar with the matter. Shake Shack, which first opened a kiosk in Madison Square Park in New York City, has restaurants in just four U.S. states and the District of Columbia, as well as a few locations abroad.

Shares of consumer-focused restaurant and grocery chains often surge on the first day of trading, as investors place a bet on smaller players they hope can one day be the next Chipotle, Whole Foods, or Panera.

For the rest of the story, [please go to Fortune.com](http://fortune.com/2014/08/15/shake-shack-ipo-plans/ "undefined").

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