Five Guys Burgers
|Cash Investment:||$9,500||Investment Range:||$9,500|
|Franchise Fees:||$9,500||Training & Support:||Yes|
|Franchise Units:||925||Financing Available:||Yes|
The Five Guys restaurant chain is an award-winning retro-style burger joint. The faces behind the company 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. The Five Guys restaurant chain is Zagat rated with is an honor, and has won a number of awards and honors, including Best Burger in Charlottesville, Best Burger from Richmond Magazine, Best Friends from Annapolis Magazine, and Best Fries from Philadelphia Magazine, including awards from the Washingtonian and the Washington Press.
The Five Guys restaurant chain offers a menu that is plain and simple, but jam packed with famous burger and famous fry offerings. The Five Guys restaurant chain offers hamburgers, cheeseburgers, bacon burgers and bacon cheeseburgers, and all four of these choices are always available in “little” form. All of the Five Guys restaurant’s famous burgers are made from 100% fresh never-frozen ground beef. The menu also offers 100% kosher hot dogs, cheese dogs, bacon dogs, and veggie or grilled cheese. The restaurant chain is also known for its famous fries, which come in Five Guys Style and Cajun Style, and are cooked in pure peanut oil which ads no cholesterol.
The Five Guys restaurant franchise is currently looking to expand their offering by pursuing additional franchise opportunities for individuals who have small business franchise experience, or restaurant ownership experience. 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, and a twenty year agreement term. The Five Guys Burgers and Fries restaurant opened in 1986, and only just began offering franchise opportunities in 2002. As of 2004, there were seven franchise locations and only five corporate owned locations.
|Current expansion plans for the Five Guys burger and fries restaurant chain include Maryland and Virginia primarily, though the company is considering franchising opportunity requests in other states, as long as potential franchisees are financially capable of handling the number of restaurants that a particular market area needs. The company does not current offer financing, but to those who are capable of financing their own franchises, the Five Guys restaurant company does offer extensive training to prepare new franchise owners for the road ahead.|
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About Five Guys Burgers