Five Guys Burgers and Fries franchise: cost, fees & unit track record
Opening a Five Guys Burgers and Fries franchise takes $256,200 – $591,250 all-in, per its franchise disclosure filings (data as of 2026-05). The initial franchise fee is $25,350 – $125,000. Ongoing, franchisees pay a royalty of 6% on sales plus an ad-fund contribution of up to 2%. To qualify, Five Guys Burgers and Fries asks for $250,000 in liquid cash and a $500,000 net worth. Anything the filings do not state is marked "Not disclosed" below — never estimated.
Five Guys Burgers and Fries franchise costs and fees
| Verification mark | Cost item | Low | High | Range |
|---|---|---|---|---|
| Initial franchise feeOne-time, paid to the franchisor at signing | $25,350 | $125,000 | $25,350 to $125,000 | |
| Initial investment (all-in)FDD Item 7-derived range: build-out, equipment, opening costs | $256,200 | $591,250 | $256,200 to $591,250 | |
| Net worth requiredFranchisor's stated qualification minimum | $500,000 | $500,000 | $500,000 | |
| Liquid cash requiredFranchisor's stated qualification minimum | $250,000 | $250,000 | $250,000 | |
| Cash to open (all-in range) | $256,200 | $591,250 | $256,200 to $591,250 |
| RoyaltyOngoing, % of sales | 6% |
|---|---|
| Ad fundOngoing, % of sales | Up to 2% |
| Initial termLength of the first franchise agreement | 10 years |
See the full Five Guys Burgers and Fries cost breakdown — what's in that number and what isn't
How Five Guys Burgers and Fries's cost compares
A dollar figure means more with a yardstick. Here is where Five Guys Burgers and Fries's disclosed cost sits against the Food & Beverage category:
- Minimum startup cost of $256,200 — about in line with the Food & Beverage median of $282,500.
- Initial franchise fee of $25,350 — about 28% below the Food & Beverage median of $35,000.
Category medians are computed from the Food & Beverage brands in our data that disclosed each figure — a benchmark for scale, not a quality judgment. See all Food & Beverage franchises
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How Five Guys Burgers and Fries's units have held up
Openings and closures from FDD Item 20-style unit history, 2012–2022: began the window at 757 units; 604 units opened, 144 closed, ending at 899 units. (partial records: 2018 is not in the source data — totals span the reported years only.)
What about earnings?
We don't publish per-brand earnings figures — for Five Guys Burgers and Fries or anyone else. The only primary source is Item 19 of the brand's own franchise disclosure document (FDD), and no law requires a franchisor to publish one, so the "average owner income" numbers circulating elsewhere are usually unsourced or survivorship-biased. Ask Five Guys Burgers and Fries for its current FDD and read Item 19 yourself — and if there is no Item 19, that silence is information too.
What this data can't tell you
Everything on this page comes from disclosure filings — fees, ranges, and unit counts. Four questions that matter just as much are not in any filing we can source, so we say so instead of guessing:
- The hours and the labor
- No dataset field says whether Five Guys Burgers and Fries is a manage-from-a-laptop business or a 60-hour week in disguise. Item 15 of the FDD states whether you're obligated to run the business personally, and Item 11 lists what the franchisor actually does for you — then ask current owners what their week looks like (validation calls), not the sales team.
- How hands-on the ownership really is
- "Semi-absentee" is a pitch, not a filing field. Treat any hands-off claim as unverified until it's consistent with Item 15 and with what multiple current franchisees tell you — what absentee ownership actually means.
- Your territory — whether it's protected, and whether it's open
- Two territory questions sit outside our data. Whether Five Guys Burgers and Fries grants a protected or exclusive area is set in Item 12 of the FDD and varies brand to brand — some grant none, and the carve-outs (online sales, national accounts) matter as much as the map. And filing data can't say what's open in your market this month; only Five Guys Burgers and Fries can confirm current availability. Ask both before you inquire, and get the answer in writing.
- What owners earn
- Covered honestly above: our dataset has no earnings fields, the only primary source is the brand's own Item 19, and here is how to read that evidence.
About the Five Guys Burgers and Fries franchise
Five Guys Burgers and Fries is a food & beverage franchisor with 899 units at the end of 2022 (FDD Item 20-style unit history). Between 2012 and 2022, it began the window at 757 units; its filings record 604 unit openings and 144 closures, ending at 899 units (partial records: 2018 is not in the source data — totals span the reported years only). Its parent company is Five Guys Franchisor, LLC.
Disclosure filings report 2 franchise-related lawsuits. Review Item 3 of the FDD. (as of 2026-05)
From the franchisor's materials
As a franchisee, you will own and operate a FIVE GUYS BURGERS AND FRIES fast casual restaurant which specializes in the sale of fresh made burgers and fries prepared in accordance with our recipes and ingredients, and other food items that we may specify periodically.
Five Guys Burgers and Fries franchise: quick answers
- How much does a Five Guys Burgers and Fries franchise cost?
- $256,200 – $591,250 all-in to open, per Five Guys Burgers and Fries's franchise disclosure filings (data as of 2026-05).
- How many Five Guys Burgers and Fries units are there?
- 899 units at the end of 2022 (FDD Item 20-style unit history).
- How have Five Guys Burgers and Fries's units held up?
- 95.2% of units at risk between 2020 and 2022 did not close, per our metric recomputed from FDD Item 20-style unit history (methodology published on our verification page).