Key Investment Facts
[LAST UPDATED: Jul 2, 2026] · [VERIFIED · FDD]
About Five Guys
Premium burger and fries chain with customizable toppings.
Training Program: 4 weeks of initial training included.
Tags: burgers, premium, fries
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Investment Overview: Is Five Guys Worth It?
Opening a Five Guys franchise requires an initial investment in the range of $306K to $641K. The initial franchise fee is $25K, which grants you access to the brand, training, and operational systems. Ongoing royalty fees are 6.00% of gross revenue. Five Guys operates in the Food & Restaurant sector and typically requires owner-operator involvement.
As of the most recent disclosure, Five Guys has 1,750 total franchise units (1,500 franchised). Recent growth shows 3.50%, which signals steady market presence in the Food & Restaurant space. The reported failure rate is 2.00%, well below industry averages, suggesting solid franchisee retention. New franchisees receive 4 weeks of initial training to prepare for operations.
Franchisee satisfaction for Five Guys is rated 77 out of 100, which is considered strong relative to other Food & Restaurant franchises. High satisfaction scores often correlate with better support systems, stronger brand recognition, and more predictable unit economics. We recommend using our AI Financial Model tool to project personalized returns, and reviewing the full FDD analysis before making any investment decision.
Risk Assessment
Key risk signals from FDD data. Higher score = lower risk. Verify in the franchise's current disclosure document.
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Frequently Asked Questions About Five Guys
How much does it cost to open a Five Guys franchise?
The total initial investment for a Five Guys franchise ranges from $306K to $641K. This includes the franchise fee of $25K, plus buildout, equipment, inventory, and working capital. Ongoing royalty fees are 6.00% of gross revenue. Always request the current Franchise Disclosure Document for exact, up-to-date figures.
Is Five Guys a good franchise to buy in 2026?
Five Guys operates in the Food & Restaurant sector with 1,750 total units. Franchisee satisfaction is rated 77/100, which is above average. Whether it's a good investment depends on your market, capital, and goals. We recommend using our AI Financial Model tool to project personalized returns before making a decision.
Can I run a Five Guys franchise as a semi-absentee owner?
Five Guys typically operates under a owner-operator model. Owner-operators are expected to be involved in daily management. This hands-on model usually offers more control over operations and customer experience but requires a greater time commitment.
What is the failure rate for Five Guys franchises?
The reported failure rate for Five Guys is 2.00%, which is below industry averages and suggests strong franchisee retention. Failure rates vary by market and operator experience. Always review Item 20 of the FDD, which discloses franchisee turnover, transfers, and terminations over the past three years.
How does Five Guys compare to other Food & Restaurant franchises?
Five Guys competes with other brands in the Food & Restaurant space. Key differentiators include investment level ($306K to $641K), franchisee satisfaction (77/100), and the owner-operator operating model. Use our franchise comparison tool to see side-by-side data against specific competitors.
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