Five Guys Franchise Cost and Profits in 2026
By FDDIQ Research Team | April 2026
Based on 2025 FDD Filing
Quick Summary
Cost Breakdown
| Fee | Amount |
|---|---|
| Franchise Fee | $25,000 |
| Total Investment Range | $977,850 - $1.4M |
| Midpoint Investment | $1.2M |
| Royalty Rate | 6.0% |
| Advertising Fund | 2.0% |
| Total Ongoing Fees | 8.0% |
Revenue and Profit Analysis
Five Guys provides Item 19 financial performance data in their FDD. Specific figures vary by location.
Unit Count
Five Guys has 924 franchised units. Added 21 net units (2.3% growth).
SBA Loan Performance
SBA default rate: 0.0% across 27 loans. This is below the franchise industry average (~7-8%).
Frequently Asked Questions
How much does a Five Guys franchise cost?
A Five Guys franchise requires a $25,000 franchise fee with total investment ranging from $977,850 to $1.4M. The midpoint investment is approximately $1.2M.
How much do Five Guys franchise owners make?
Five Guys does not publicly disclose Item 19 financial performance data. Revenue and profitability vary significantly by location and operator. Prospective franchisees should validate with existing operators during due diligence.
What is the Five Guys royalty rate?
Five Guys charges a 6% royalty on gross sales plus a 2.0% advertising fund, for a total ongoing fee burden of 8.0%.
Is a Five Guys franchise worth it?
Whether Five Guys is worth it depends on your market, experience, and financial goals. The brand is growing at 2.3% annually. The SBA loan default rate is 0.0%. Review the latest FDD thoroughly and validate with existing franchisees before investing.
What is the Five Guys franchise SBA loan default rate?
Based on SBA loan data, Five Guys has a 0.0% default rate across 27 loans. This is below the overall franchise industry average.
Want the full Five Guys FDD analysis?
Detailed financial data, Item 20 outlet counts, litigation history, and more.
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