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How Much Does a Five Guys Franchise Cost?

2025 Franchise Disclosure Document (FDD) Data

A Five Guys franchise costs between $977,850 and $1,375,750 in total initial investment, according to the 2025 Franchise Disclosure Document. The initial franchise fee is $25,000.

$977,850

Minimum Investment

$1,375,750

Maximum Investment

$25,000

Franchise Fee

Five Guys Franchise Fee

Initial Franchise Fee $25,000

Fee Range $15,000 – $25,000

Item 7 Fee Estimate $25,000

Five Guys Total Investment Breakdown

Here is the itemized breakdown of costs to open a Five Guys franchise, as reported in the 2025 FDD Item 7 (Estimated Initial Investment).

Minimum Investment

Maximum Investment

Franchise Fee $25,000

Franchise Fee Lump Sum · On signing Franchise Agreement $25,000

Real Estate $522,500 – $805,000

Leasehold Improvements As Invoiced · As Arranged $500,000 – $750,000

Architectural/ Engineering As Invoiced · As Arranged $15,000 – $30,000

Lease Payments and other rental expenses Per Lease · Monthly $7,500 – $25,000

Equipment & Assets $354,000 – $498,500

Furniture, Fixtures, Equipment and Decor As Invoiced · As Arranged $300,000 – $400,000

Signage As Invoiced · As Arranged $20,000 – $40,000

POS Systems As Invoiced · Lump Sum $20,000 – $35,000

Initial Inventory As Invoiced · As Arranged $10,000 – $15,000

Business Supplies As Invoiced · Lump Sum $4,000 – $8,500

Training $100 – $5,000

Travel, lodging and meals for initial training $100 – $5,000

Working Capital & Reserves $20,000 – $25,000

Additional Funds for first 3 months As Arranged $20,000 – $25,000

Other Costs $56,250 – $17,250

Business licenses, permits, utility deposits, etc. (for first year) As Arranged $5,000 – $15,000

Insurance deposits and premiums As Invoiced · As Arranged $750 – $1,250

Delivery and catering expenses $500 – $1,000

Total Estimated Investment $977,850 – $1,375,750

How Does Five Guys Compare to Other Food & Beverage Franchises?

Five Guys's minimum investment of $977,850 is above the Food & Beverage industry median. The median minimum investment for Food & Beverage franchises is $315,233.

$977,850

Five Guys Min

$315,233

Food & Beverage Median Min

$1,375,750

Five Guys Max

$693,450

Food & Beverage Median Max

Investment Analysis

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Frequently Asked Questions

How much does it cost to open a Five Guys?

The total startup cost for a Five Guys franchise ranges from $977,850 to $1,375,750, according to the 2025 Franchise Disclosure Document (FDD) Item 7. The largest cost category is Real Estate at $522,500 to $805,000.

How much is the Five Guys franchise fee?

The Five Guys franchise fee is $25,000, with a range of $15,000 to $25,000 depending on the agreement, as disclosed in the 2025 FDD. This is a one-time upfront fee paid to the franchisor and is separate from the total initial investment.

Is Five Guys a good investment?

Five Guys requires a total franchise investment of $977,850 to $1,375,750 and scores Legal Risk: 96/100, Training: 100/100 in our FDD analysis. See our full Five Guys franchise review for a detailed assessment of risks, territory, and support.

How much does a Five Guys franchise owner make?

Five Guys's 2025 FDD does not include an Item 19 financial performance representation, so this source does not provide a sales, revenue, or owner-profit figure.

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All product and company names mentioned are trademarks™ or registered® trademarks of their respective holders. Use of these names does not imply any affiliation with, sponsorship by, or endorsement by them. Data sourced from publicly available Franchise Disclosure Documents (FDDs).

ZeeReport does not audit the information it receives and does not independently verify the information in every instance.

Prospective franchisees should consult the original Franchise Disclosure Document before making any investment decision.

Data is extracted via automated AI tools. Inaccuracies or omissions are possible due to the nature of the technology.

This report is for informational purposes only and does not constitute legal, tax, financial, investment, or other professional advice.

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