Shake Shack Inc. 10-K

Item 2. Properties. We have three Shack Support Centers, located in New York City, Hong Kong, and The Battery Atlanta, all of which are leased locations. Our newest Shack Support Center, located in The Battery Atlanta, opened in fiscal 2025. We do not own any real property and lease all of our Company-operated Shacks, and we do not own or lease any property related to our licensed Shacks. The following table sets forth the number of Company-operated and licensed Shacks by geographic location as of December 31, 2025. Company- Operated Licensed Total Alabama 1 — 1 Arizona 8 1 9 California 50 — 50 Colorado 9 1 10 Connecticut 9 — 9 Delaware 1 — 1 District of Columbia 6 1 7 Florida 25 2 27 Georgia 8 1 9 Illinois 14 — 14 Indiana 4 1 5 Kansas 2 — 2 Kentucky 1 — 1 Louisiana 3 1 4 Maryland 10 1 11 Massachusetts 16 1 17 Michigan 8 — 8 Minnesota 4 1 5 Missouri 7 3 10 Nevada 6 2 8 New Hampshire 1 — 1 New Jersey 20 8 28 New York 55 12 67 North Carolina 8 2 10 Ohio 10 1 11 Oklahoma 1 — 1 Oregon 4 — 4 Pennsylvania 17 3 20 Rhode Island 3 — 3 Tennessee 5 1 6 Texas 27 2 29 Utah 6 1 7 Virginia 13 1 14 Washington 8 — 8 Wisconsin 3 — 3 Shake Shack Inc. Form 10-K | 40 DOMESTIC 373 47 420 Bahamas — 1 1 Bahrain — 3 3 Canada — 6 6 England — 17 17 Mainland China, Hong Kong and Macau — 51 51 Israel — 5 5 Japan — 18 18 Kuwait — 14 14 Malaysia — 4 4 Mexico — 21 21 Philippines — 11 11 Qatar — 5 5 Saudi Arabia — 5 5 Singapore — 11 11 South Korea — 34 34 Thailand — 5 5 Turkey — 12 12 United Arab Emirates — 15 15 Wales — 1 1 INTERNATIONAL — 239 239 SYSTEM-WIDE 373 286 659