Five Guys Franchise: Cost, Fees & Earnings
1,558 locations (2024), +2.4% YoY(Item 20)
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Initial Investment
$977,850 – $1,375,750
Source: FDD, Item 7
Franchise Fee
$25,000
Source: FDD, Item 5
Royalty
6%
Source: FDD, Item 6
About Five Guys
Five Guys is a fast-casual dining restaurant franchise specializing in hamburgers, french fries, and related accompaniments. The franchise operates under a comprehensive system including distinctive signage, proprietary recipes, uniform operational standards, and quality control procedures across all locations.
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Additional Item 19 Analysis
Deeper Item 19 Analysis (Charts 3–6)
Openings & Closings, Transfer Rates, Franchise vs Corporate Mix
Five Guys vs Competitors
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Five Guys Franchise FAQ
How much does a Five Guys franchise cost?
Per Item 7 of the latest Franchise Disclosure Document, the estimated initial investment ranges from $977,850 to $1,375,750.
What is the Five Guys franchise fee?
The FDD reports an initial franchise fee of $25,000.
What royalty does Five Guys charge?
The FDD reports an ongoing royalty of 6%.
Can I finance a Five Guys franchise with an SBA loan?
Many franchise purchases are financed with SBA 7(a) loans covering a large share of the total project cost. You can check what you'd qualify for with Franchable's free SBA prequalification.
Data sourced from the brand's Franchise Disclosure Document. Franchable is not affiliated with or endorsed by Five Guys. This is not an offer to sell a franchise. Individual results vary.