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Five Guys Burgers & Fries

Burgers & fries

Background

Founded: 1986 Franchising since: 2002
10440 Furnace Rd., #205
Lorton, Virginia 22079
Phone:
(703)339-9500


Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 384 0 0 5
2008 -- -- -- --
2007 -- -- -- --
2006 -- -- -- --
2005 -- -- -- --

Where Seeking Franchisees
In the U.S. Maryland, United states, Virginia

Exclusive territories available.

Costs and Fees

Total investment: $152.6K-360.3K
Franchise fee: $25K
Ongoing royalty fee: 6%
Term of agreement: 20 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $150K
Business Experience:
  • Industry experience
  • General business experience


Training and Support

Training
  • At franchisee's location: 2 weeks

Ongoing Support
  • Newsletter
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Regional advertising

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