Five Guys Burgers & Fries
Burgers & friesBackground
Founded: 1986 Franchising since: 2002
Franchise Growth
Where Seeking Franchisees
In the U.S. Maryland, United states, Virginia
Exclusive territories available.
|
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
Ongoing Support
Marketing Support
- At franchisee's location: 2 weeks
Ongoing Support
- Newsletter
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
- Purchasing cooperatives
Marketing Support
- Regional advertising