Five Guys FDD – Franchise Information, Costs and Fees
Type of Business
As a franchisee, you will own and operate a FIVE GUYS® BURGERS AND FRIES fast casual restaurant which specializes in the sale of fresh made burgers and fries prepared in accordance with the franchisor’s recipes and ingredients, and other food items that the franchisor may specify periodically.
Corporate Information
Five Guys Franchisor, LLC was formed as a Delaware limited liability company on April 20, 2017. Their principal place of business is 10718 Richmond Highway, Lorton, Virginia 22079. They began offering FIVE GUYS® restaurant franchises in June 2017.
Investment
The total investment necessary to establish one FIVE GUYS® restaurant ranges from $256,200 to $591,250. This includes the $25,350 that must be paid to the franchisor or its affiliates under the Franchise Agreement. When you sign the Development Agreement, the fee is $50,000 per restaurant ($125,000 per restaurant for restaurants to be located in Alaska, Hawaii, or Puerto Rico) that must be paid to the franchisor or its affiliates under the Development Agreement. You must sign the Development Agreement if you will establish one or more FIVE GUYS® restaurants. Your total investment necessary as a developer will vary based on the number of restaurants to be developed.