Quick Verdict · who it fits
FIVE GUYS FRANCHISOR, LLC fits first-time franchise buyers looking for a mature food & beverage concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$978K - $1.4M
Franchise fee (Item 5)
$25K
Royalty (Item 6)
6% + 2–4% ad
System size (Item 20)
1,558 +35
Agreement term
10 yrs
Years in business
9+ yrs
Training (Item 11)
10 days
Company-owned units
613
Item 3 litigation
None disclosed
Buyer qualifications
•No exclusive territory•Owner-operator required✓No bankruptcy disclosed✓No Item 3 litigation
Data extracted from the 2025 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Drag to your projected annual sales. Royalty 6% + ad fund 2–4% on gross sales.
PROJECTED ANNUAL SALES$500,000
$100k$2M
Royalty (6%)
—
Ad fund (2–4%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
Free AI summary — the first read on the filing.
1,558
Total units open
67
Units opened last year
35 franchised, 31 company-owned, 1 acquired by franchisee
27
Units closed last year
14 franchised, 14 company-owned
37
Net unit growth
What our analysis flagged across the 2025 filing.
5
Risks to review
3
Strengths identified
4
Questions to ask
How Five Guys ranks against 561 Food & Beverage peers we've analyzed.
Initial investment
86th pct · of 561 peers
Franchise fee
14th pct · of 561 peers
System size
94th pct · of 561 peers
Food & Beverage industry averages
Avg investment
$594K - $1.4M
Avg franchise fee
$44K
Avg system size
346
Franchises analyzed
561
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Five Guys | Disclosed | $25K | $978K - $1.4M | 6% | 1,558 |
| Sacco RestaurantsSimilar price | Disclosed | $50K | $491K - $1.4M | 5% | 12 |
| Doctor's AssociatesBiggest system | Disclosed | $15K | $227K - $630K | 8% | 18,773 |
| Vintage Hospitality GroupTop-rated in category | Disclosed | $50K | $3.5M - $6.4M | 5.5% | 33 |
Free explainers to go deeper before you sign.
FIVE GUYS FRANCHISOR, LLC requires a $25,000 initial franchise fee and a total initial investment range of $977,850–$1,375,750, per the most recent FDD on file.
Yes. FIVE GUYS FRANCHISOR, LLC discloses Item 19 financial performance representations in its FDD. See the financials sub-page for the disclosed figures.
Franchisees pay a royalty of 6% and an advertising fund contribution of 2.0% to 4.0% on gross sales as defined in Item 6 of the FDD.
As of their 2025 FDD, FIVE GUYS FRANCHISOR, LLC has 1,558 total locations, with 35 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
Yes. FIVE GUYS FRANCHISOR, LLC's most recent FDD documents approximately 10 days of initial training, typically split between classroom and on-site components. See Item 11 of the FDD for the full training and support schedule.
No. FIVE GUYS FRANCHISOR, LLC does not grant exclusive territory rights under Item 12. The franchisor retains the right to operate or grant additional units inside or adjacent to your trade area.
Per the FDD, FIVE GUYS FRANCHISOR, LLC discloses an initial agreement term of 10 years. Review Items 10 and 17 for the full renewal and termination provisions.
This page is part of VetMyFranchise. View all pages: llms.txt · llms-full.txt