Five Guys Franchise Cost & Fees. Franchisees may also have additional personnel trained by the franchisor or its designee for the Restaurant, although it may charge $1,500 per person for that training. For the opening of the franchisee’s first Restaurant, the …
Average Five Guys Franchise Startup Fee. The average total Five Guys franchise cost usually runs around $300,000 up to $660,000 or more. The cost depends on many factors. Here is the breakdown of the total cost: Franchise Fee – Before you can sign the franchise agreement, you are required to pay the restaurant’s franchising fee.
Cost-wise, interested individuals should know that there is an upfront franchise fee of $25,000, which is more or less in line with the franchise fees of other franchisors in similar markets. Of course, there are royalties that will have to be paid out of the revenues as well, which are set at 6 percent.
Five Guys Burgers & Fries Franchise Cost / Initial Investment / Five Guys. Burgers & Fries Franchise Income. The total investment to open a Five Guys Burgers & Fries restaurant franchise is between $152,000 and $360,000, with liquid assets available of $150,000. The franchise fee is $25,000.
Franchise fee: $50,000 – $125,000
The total cost to open and begin operating a Five Guys Burgers & Fries franchise runs between $300,000 up to approximately $670,000 depending on the restaurant size and location. Here’s how those costs are broken down: Initial Franchise Fee: $25,000. Development fee: $50,000. Leasehold Improvements: $100,000 to $300,000.
With the simple focus on quality, service and cleanliness, Five Guys has opened over 300 restaurants in less than five years. If you’re interested in being a part of the Five Guys family, then fill out the form below to reach our Franchise Department.