Franchise FAQ

is five guys burgers and fries a franchise

by Jody Harber Published 2 years ago Updated 1 year ago
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The total minimum investment needed in order to be considered for a Five Guys franchise is between $152,600 and $360,300 which requires a $25,000 initial franchising fee
franchising fee
A franchise fee is a fee or charge that one party, known as the franchisee, pays another party, known as the franchisor, for the right to enter in a franchise agreement.
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, and a twenty year agreement term. The Five Guys Burgers and Fries restaurant opened in 1986, and began offering franchise opportunities in 2002.

What's really in Five Guys Burger?

One reason why a burger from Five Guys is so tasty compared to other fast food offerings is that it is pure, unadulterated beef, with no fillers involved. "The burger is made out of just 80/20 USDA ground beef. That is it," nutritionist Amy Shapiro said.

How much Five Guys franchise owners really make per year?

The median income for a food franchise owner is around $126,866 a year, so we can reasonably expect a Five Guys franchisee to be somewhere around that. Before owners can make that kind of money with Five Guys, though, they first have to convince them that they're worthy of sitting at the table.

What are the best burger franchises?

Top burger franchise opportunities in 2021

  1. McDonald’s. McDonald’s was the ninth biggest global brand in 2019 and is the largest fast-food restaurant chain in the world.
  2. Burger King. Another big hitter in the global market is Burger King, the fifth-largest fast-food chain in the world, with 15,000 restaurants across the globe.
  3. Wimpy. ...
  4. The Burger Priest. ...
  5. Loaded Burgers. ...
  6. Rocket’s. ...

How much does Five Guys franchise cost?

Buying a Five Guys franchise — or really any fast food franchise — isn't cheap. Opening one doesn't cost as much as a Wendy's or McDonald's, but it's still a pretty penny. The franchise fee is $25,000, and franchisees can expect to make an initial investment between $306,000 to $641,000.

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Is Five Guys a chain or franchise?

Five Guys franchises are fast casual dining restaurants which specialize in the sale of hamburgers, French fries, and related accompaniments in accordance with the franchisor's recipes and ingredients, and other food items that the franchisor's comprehensive and unique system.

Who owns Five Guys fries?

Murrell familyFive GuysMerritt Island, FloridaKey peopleJerry Murrell, Jim Murrell, Matt Murrell, Chad Murrell, Ben Murrell, Tyler MurrellProductsHamburgers, french fries, hot dogs, soft drinks, milkshakesRevenueUS$1.711 billion (2021)OwnerMurrell family12 more rows

How many franchises does Five Guys have?

Now, 30 years after Five Guys first opened, there are almost 1,700 locations worldwide and another 1,500 units in development. Five Guys continues to receive generous media attention and has grown a cult-like following around the world.

Are Five Guys individually owned?

No Five Guys is not individually owned so you will often see the owners. Five Guys stores can operate under corporate or individual franchise, but for the most part all follow the same rules and guidelines. Yes!

How many 5 guys Does Shaq own?

155 Five Guys hamburger establishmentsSince he announced his retirement in 2011, the NBA star has become the owner of 155 Five Guys hamburger establishments, which represented 10% of the total company.

What does Five Guys stand for?

Jerry and Janie Murrell gave their five sons a choice, 'Start a business or go to college?” The business route won and the family opened the first Five Guys – named after the five brothers.

How much does a 5 Guys franchise cost?

between $152,600 and $360,300The total minimum investment needed in order to be considered for a Five Guys franchise is between $152,600 and $360,300 which requires a $25,000 initial franchising fee, and a twenty year agreement term. The Five Guys Burgers and Fries restaurant opened in 1986, and began offering franchise opportunities in 2002.

Who owns Five Guys now?

Five Guys Holdings, Inc.Five Guys / Parent organization

What is the cost of McDonald's franchise?

The Franchise fee of McDonald's goes for around 30 lakhs INR; however, this fee is also attached with a 4 % monthly royalty fee as service fees to the brand. The actual investment amount differs, a business owner needs to keep a rough estimate of around 6 to 14 Crores.

Who are the five brothers of Five Guys?

The "five guys" refer to founder Jerry Murrell's five sons Jim, Matt, Chad, Ben, and Tyler (originally, they referred to Jerry and his first four sons, but then Tyler had to mess everything up by being born). Each has a distinct role in the company.

Is Five Guys food healthy?

What Experts Say. “Specializing in hot dogs, burgers, French fries, and shakes, Five Guys' menu is rich in calories, saturated fat, and sodium. If you are trying to find a healthier option on this menu, you can order the simpler, smaller menu items.

Why do Five Guys have peanuts?

Munching on complimentary peanuts has become synonymous with eating at Five Guys—the same way it is with Texas Roadhouse. While you might think these are offered as a nice gesture, one employee admits that the peanuts are there to distract customers from watching the workers prepare their food.

Where does 5 guys get their potatoes?

Five Guys actually only use potatoes from Idaho, grown above the 42nd parallel. The potatoes grow during the day when it's warm and stop at night once it cools down, causing them to be a denser, higher quality.

Who owns Five Guys now?

Five Guys Holdings, Inc.Five Guys / Parent organization

Does Kris Humphries own Five Guys?

The Humphries family also owns Crisp & Green and Five Guys franchises in Minnesota.

Who owns a lot of Five Guys?

Shaquille O'Neal Owns 155 Five Guys Restaurants, 40 Fitness Centers, And 1 Movie Theater Among Other Businesses | Yardbarker.

Five Guys Burgers & Fries Franchise Opportunities – History

Five Guys was founded in 1986 with its first store location in Arlington,Virginia, and quickly became a Washington, D.C.-area favorite. It was Jerr...

Five Guys Burgers & Fries Franchise Cost / Initial Investment / Five Guys

Burgers & Fries Franchise IncomeThe total investment to open a Five Guys Burgers & Fries restaurant franchiseis between $152,000 and $360,000, with...

Five Guys Burgers & Fries Business Opportunities: Other Information

Having received numerous awards in the cities where it opens franchises, FiveGuys Burgers & Fries is one of the most dependable, fast-rising franch...

How many ways can you order a burger at Five Guys?

Five Guys cooks and prepares burgers to order and no two burgers are alike. In fact, Five Guys proclaims that there are 250,000 possible ways to order a burger at the restaurant.

Where was Five Guys founded?

Five Guys was founded in 1986 with its first store location in Arlington, Virginia, and quickly became a Washington, D.C.-area favorite. It was Jerry and Janie Murrell who gave their four sons a choice: start a business or go to college.

What does Five Guys use for fries?

Five Guys Burgers and Fries uses only fresh ground beef in their burgers, and their restaurants don’t even have freezers, only coolers, so nothing is ever frozen. They use only peanut oil in cooking their menu items, which are all trans-fat free. Of course, Five Guys serves menu items other than their variety of burgers, such as hot dogs, including Kosher and a bacon cheese dog, sandwiches like grilled cheese and veggie. In addition to their regular fries, Five Guys serve Cajun style. They also serve just plan peanuts in bulk, no charge.

What does Five Guys do?

Of course, Five Guys serves menu items other than their variety of burgers, such as hot dogs, including Kosher and a bacon cheese dog, sandwiches like grilled cheese and veggie. In addition to their regular fries, Five Guys serve Cajun style. They also serve just plan peanuts in bulk, no charge.

How many Dickey's locations are there?

Dickey's is the largest Barbecue franchise in the world and is an award winning brand. With over 500 locations in 43 states as well international locations, their smokin' franchise has been treating guests to great tasting barbecue since 1941. No restaurant experience needed, total training and support provided.

Is Five Guys Burgers a franchise?

Having received numerous awards in the cities where it opens franchises, Five Guys Burgers & Fries is one of the most dependable, fast-rising franchise opportunities available, and for a still-reasonable cost. The restaurant chain is rated one of the most talked-about burger brands online.

What is a Five Guys franchise?

A FIVE GUYS® BURGERS AND FRIES franchise business is a fast-casual restaurant that specializes in the sale of freshly made burgers and fries prepared in accordance with our recipes and ingredients.

How many franchise locations do they have?

As of the 2020 Franchise Disclosure Document, there are 873 franchised Five Guys Burgers & Fries locations in the USA.

Background

The Five Guys franchise is an award-winning retro-style burger joint that like to keep things short and simple, in the form of a simple but sweet menu offering, and a goal and mission statement written in no uncertain terms.

Support and Training Offered By Five Guys

The franchisor provides a comprehensive training package to its new franchisees. This is mainly an on-site training provided by a Five Guys representative who would be on the ground for two weeks to ensure that the right skills are learned by the franchise owner and other working staff.

Who is the 5 Guys franchise?

Is a Five Guys Franchise a Tasty Investment? Published: July 5, 2019. Who are the “Five Guys” behind the gourmet burger chain that is now one of the hottest restaurant franchises on the market? The Five Guys franchise actually originated with one guy, Jerry Murrell, who started the business as a single take-out shop in Arlington, VA back in 1986.

How much does a Five Guys cheeseburger cost?

A Five Guys cheeseburger costs $7.69, while a bacon and cheese Whopper at Burger King will set you back $5.19. Standard Locations: Although its menu is flexible, Five Guys building standards are fairly uniform. You’ll never drive up to a Five Guys in a rural location or experience one with extra capacity.

How much does Five Guys make?

That said, Five Guys franchisees can reasonably expect to make as much as $1.18 million in annual sales, according to QSR. While this is less than some of its competitors, its lower initial investment might make it a better entry point for some franchisees.

How long does it take to replace a Five Guys franchise?

This includes attending training and holding responsibility for all business operations. If you or one of your managers cannot serve as Operating Principal or you no longer qualify, you must designate a replacement within 15 days.

How much does it cost to open a Five Guys franchise?

Opening a Five Guys franchise requires an initial investment ranging anywhere from $306,200 to $641,250, according to the Franchise Disclosure Document. However, this investment is much less than the initial investments other fast food powerhouses require of their franchisees.

What is Five Guys known for?

Five Guys is one of the leading fast food chains in the country, known for its commitment to quality and customer experience. Adweek recently called it the “rarest of unicorns” in that its able to grow and maintain its popularity without spending big bucks on large-scale advertising.

How long does it take to get a franchise in Five Guys?

Thorough Training: Once a franchisee’s application has been accepted, members of their team (including a general manager and operating principal, and assistant general manager) must undergo a comprehensive management training program at its corporate headquarters in Virginia for at least two weeks. For the opening of your first restaurant, Five Guys provides you with one of its trained representatives to provide on-site pre-opening and opening training, supervision, and management assistance to you for 10 days according to the Franchise Disclosure Document.

What is a Five Guys franchise?

Franchise Description: The franchisor is Five Guys Franchisor, LLC. The franchisor offers the right to establish and operate a restaurant under the terms of a single unit franchise agreement. The franchisee may be an individual, corporation, partnership or other form of legal entity. Five Guys restaurants are fast casual dining restaurants which specialize in the sale of hamburgers, French fries, and related accompaniments in accordance with the franchisor’s recipes and ingredients, and other food items that the franchisor’s comprehensive and unique system. Five Guys restaurants are typically located in retail shopping centers and other urban locations which are acceptable to the franchisor. Other sites such as train stations, sports arenas, airports, university campuses or other captive market spaces are considered on a case-by-case basis. Each restaurant will typically range between 2,000 and 3,000 square feet, and will offer a menu selection featuring food items prepared according to the specified recipes and procedures.

What is a franchisee's territory?

Territory Granted: The Franchise Agreement grants franchisees the right to operate a restaurant at a single location that the franchisee selects within the assigned area and that the franchisor approves (primary area of responsibility). The franchisor will determine the primary area of responsibility before the Franchise Agreement is signed based on various market and economic factors such as an evaluation of market demographics, the market penetration of the franchise system and similar businesses, the availability of appropriate sites and the growth trends in the market. During the term of the Franchise Agreement, if the franchisee is in compliance with the Franchise Agreement, the franchisor will not establish a restaurant or authorize any other person or entity to establish a restaurant within the primary area of responsibility. In the event the primary area of responsibility is limited to only the specific physical space occupied by the restaurant, franchisees will not be receiving an exclusive territory.

How long does franchising training last?

The initial training program will generally last about two weeks. However, up to six weeks training may be required. Franchisees may also have additional personnel trained by the franchisor or its designee for the restaurant, although it may charge $1,500 per person for that training. For the opening of the franchisee’s first restaurant, the franchisee will provide one of its trained representatives. The trained representative will provide on-site pre-opening and opening training, supervision, and management assistance for 10 days. If the franchisee reasonably requests or as the franchisor deems appropriate, it will, during the term of the Franchise Agreement, subject to the availability of personnel, provide the franchisee with additional trained representatives who will provide on-site remedial training to restaurant personnel. Any additional training the franchisor considers necessary must be attended by the franchisee (if an individual), the general manager, and at least one assistant manager.

How long does it take to train a franchisee?

However, up to six weeks training may be required. The franchisor or its desginee will provide instructors and training materials for the initial training of the franchisee’s operating principal, general manager, and one assistant manager at no additional charge to franchisees.

How long is a franchise agreement?

Term of Agreement and Renewal: The length of the initial franchise term is for 10 years from the date of the Franchise Agreement unless terminated earlier. The agreement may be renewed at the franchisee’s option for additional consecutive 10-year terms, if requirements are met.

Does franchising offer financing?

Financial Assistance: The franchisor does not offer, either directly or indirectly, any financing arrangements to franchisees. The franchisor does not guarantee a franchisee’s notes, leases or other obligations.

Is a franchisee an exclusive territory?

In the event the primary area of responsibility is limited to only the specific physical space occupied by the restaurant, franchisees will not be receiving an exclusive territory. Obligations and Restrictions: If franchisees are an individual, they must perform all obligations of the operating principal.

What is the Five Guys menu?

The Five Guys menu is centered on hamburgers offered with Kraft American cheese or applewood-smoked bacon and kosher style hot dogs ( Hebrew National all-beef franks), as well as grilled cheese, BLT and vegetable sandwiches. Five Guys uses buns that are sweeter and "eggier" than normal buns. The hamburgers come in two sizes: regular (two patties) and little (one patty). Fresh-cut French fries are the sole side item, available salted only in "Five Guys style" or seasoned " Cajun style". Customers may select from 15 different toppings at no charge to customise their meals.

Where is Five Guys located?

Five Guys Enterprises LLC ( doing business as Five Guys Burgers and Fries) is an American fast casual restaurant chain focused on hamburgers, hot dogs, and French fries, and headquartered in Lorton, Virginia, an unincorporated part of Fairfax County.

What buns do Five Guys use?

Five Guys uses buns that are sweeter and "eggier" than normal buns. The hamburgers come in two sizes: regular (two patties) and little (one patty). Fresh-cut French fries are the sole side item, available salted only in "Five Guys style" or seasoned " Cajun style".

How many Five Guys restaurants are there in the UK?

The chain now has 113 restaurants open across the UK. Five Guys also has locations in the Middle East and has continued to expand in Europe. In late 2017, Five Guys opened its first restaurants in Germany, one in Frankfurt and one in Essen.

Where is the 5 Guys drive through?

In 2020, the first Five Guys location with a drive-through window opened in Surfside Beach, South Carolina. The franchisee retained it from the former business in the building in light of COVID-19 pandemic safe practices.

Where are the countries with five guys?

Countries with Five Guys (2018) More followed in Old Town Alexandria and Springfield, Virginia, making five locations open by 2001. Their success encouraged the Murrells to franchise their concept the following year, engaging Fransmart, a franchise sales organization.

Where were the first Five Guys?

The first Five Guys was in Arlington's Westmont Shopping Center. Buns were baked in the same center by Brenner's Bakery. This location closed, in favor of another in Alexandria, Virginia, at the intersection of King and North Beauregard Streets, which closed on September 21, 2013.

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