Create a free account to access unlimited data and FDDs.

Sign up
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Five Guys Franchise FDD, Costs & Fees (2026)

Five Guys is a fast-casual burger restaurant franchise known for its fresh, made-to-order burgers and hand-cut fries, offering a simple menu with high-quality ingredients and a customizable burger experience.

KEY FRANCHISE STATS

Franchisees

?

899
+
-11%
-11%
Franchise fee

?

$25,000
Investment

?

$256,000 - $591,000
Revenue (AUV)

?

Undisclosed

$0

+
n.a.
n.a.
Sign up

Five Guys, a renowned fast-casual restaurant chain famous for its hamburgers and French fries, was founded in 1986 and began franchising in 2002. The company's headquarters are in Lorton, Virginia.

Typically, Five Guys franchises are located in retail shopping centers and other urban areas that fit the company's site selection criteria, which may also include non-traditional venues such as train stations, sports arenas, airports, and university campuses, subject to approval.

Five Guys distinguishes itself through a dedication to quality, using fresh, never frozen beef, and providing a wide variety of toppings for extensive customization of their menu items.

Initial investment

The initial investment required for a Five Guys franchise is $256,000 - $591,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $25,000
Leasehold Improvements $100,000 - $300,000
Lease Payments and other rental expenses $7,500 - $20,000
Equipment $55,000 - $105,000
Signage $6,500 - $20,000
Initial Inventory $10,000 - $15,000
Architectural/ Engineering $7,000 - $25,000
Electronic Cash Register System with Modem $15,000 - $25,000
Facsimile Machine $350 - $500
Travel, lodging and meals for initial training $100 - $5,000
Business Supplies $4,000 - $8,500
Business licenses, permits, utility deposits, etc. $5,000 - $15,000
Delivery and catering expenses $0 - $1,000
Insurance deposits and premiums $750 - $1,250
Additional Funds for first 3 months $20,000 - $25,000
Total $256,200 - $591,250

Create a free account to access this table and more.

Create a free account
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Type of Expenditure Amount
Initial Franchise Fee $25,000
Leasehold Improvements $100,000 - $300,000
Lease Payments and other rental expenses $7,500 - $20,000
Equipment $55,000 - $105,000
Signage $6,500 - $20,000
Initial Inventory $10,000 - $15,000
Architectural/ Engineering $7,000 - $25,000
Electronic Cash Register System with Modem $15,000 - $25,000
Facsimile Machine $350 - $500
Travel, lodging and meals for initial training $100 - $5,000
Business Supplies $4,000 - $8,500
Business licenses, permits, utility deposits, etc. $5,000 - $15,000
Delivery and catering expenses $0 - $1,000
Insurance deposits and premiums $750 - $1,250
Additional Funds for first 3 months $20,000 - $25,000
Total $256,200 - $591,250

Franchise Disclosure Document

Below is Five Guys's 2023 Franchise Disclosure Document. Sign up for free to view the document.

Number of units

Five Guys had 1477 total units in 2023, of which 899 were franchised-owned and 578 company-owned.

Frequently Asked Questions

Competitors

Below are some of

Five Guys

key competitors in the

Burger

sector.

Franchise
Franchisees
Royalty fee
Total investment
Revenue
Sign up
EBITDA
Sign up

899

New
+
-11%
-11%

6.00%

$256,000

-

$591,000

$0

n.a.

$xxx,xxx

n.a.

xx%

n.a.

Training 

The franchisor offers an extensive training program for franchisees, covering crucial aspects of restaurant operations and management. The training includes:

Initial Training: Conducted at the franchisor's corporate headquarters or a designated location, this program is scheduled approximately 5 or 6 times a year, typically lasting around 2 weeks, with the possibility of extending up to 6 weeks. It covers a broad spectrum of essential topics for running the restaurant and is provided to the Operating Principal, general manager, and one assistant manager at no extra cost. Additional staff can be trained for a fee.

On-site Training: Prior to opening the first restaurant, the franchisor offers on-site pre-opening and opening training, supervision, and management assistance through a trained representative. This service is provided at no additional cost for the first restaurant, with a potential per diem fee for extra assistance or training for subsequent restaurants.

Ongoing and Remedial Training: The Operating Principal, general manager, and other key personnel are required to attend further training programs and seminars as determined by the franchisor. Instructors and training materials for these sessions are provided by the franchisor. While mandatory training incurs no fee, the franchisor may charge for additional training requested by the franchisee.

Web-Based Training and Training Video Series: The franchisor may also develop and require participation in online training programs and provide training videos. These resources are confidential and integral to maintaining high operational standards.

Territory Protection

The franchisor provides territory protection to franchisees, but the extent of this protection varies based on the specific terms outlined in the franchise and development agreements. For instance, during the term of the Franchise Agreement, provided a franchisee complies with the terms, the franchisor commits not to establish or authorize another entity to set up a restaurant within the franchisee's Primary Area of Responsibility.

This area is typically defined as the contiguous property controlled by the landlord where the restaurant is located, such as a shopping mall, strip mall, university campus, or hospital, and may be limited to the specific physical space occupied by the restaurant.

However, it is important to note that while there is some level of territorial protection, it does not necessarily grant an absolute exclusive territory free from any competition.

Competitors

Below are some of Five Guys's key competitors in the Burger sector.

Buns on Fire

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$255,000 - $462,000
Revenue

?

Sign up
Undisclosed

$0

Sammy's Sliders

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$328,000 - $713,000
Revenue

?

Sign up
Undisclosed

$0

Home Frite

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$351,000 - $506,000
Revenue

?

Sign up
Undisclosed

$0

iniBurger

Franchisees

?

3
+
n.a.
n.a.
Investment

?

$302,000 - $686,000
Revenue

?

Sign up
Undisclosed

$1,170,000

Harlem Shake

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$412,000 - $849,000
Revenue

?

Sign up
Undisclosed

$0

Good Stuff Eatery

Franchisees

?

5
+
0%
0%
Investment

?

$633,000 - $962,000
Revenue

?

Sign up
Undisclosed

$0

Simple pricing.

For anyone looking to start a franchise

Free
Unlimited access to 3,000 franchises data.
You're on the Free plan 🎉
Sign up
Franchise fees

?

Franchise units & growth

?

Detailed investment costs

?

Revenue (AUV) and profits (Item 19)

?

Discovery call with a Franchise Expert

?

Read unlimited FDDs
Pay $49 per FDD download

?

or $49 / FDD download
Read unlimited FDDs, or pay $49 per FDD download
Search FDDs

All the franchise data you need

Find all the franchise data you're looking for, in one place

Unlimited FDD access

Access our library of 5,000+ Franchise Disclosure Documents, updated every day.

Read unlimited FDDs
Download unlimited FDDs

Transparent franchise data

Analyze financial data on 3,000 franchise brands, without diving into FDDs. Revenue, profits, growth and more.

Franchise fees
Detailed initial investment

?

Revenue
Operating Profit (EBITDA)
Sector Revenue
Sector Operating Profit