What is the Average Cost of a Five Guys Franchise? Average Five Guys Franchise Price

Five Guys is a chain of fast casual restaurants that was founded by Janie and Jerry Murrell and their four sons in Virginia. It is mainly famous for hamburgers, hot dogs and French fries. Five Guys operated more than 300 franchises in 20 states. The average cost to set up a Five Guys franchise is around $250,000. The parent company charges initial franchise fee which is in between $20,000 to $25,000. The franchise owner has to pay a royalty fee that is 6% of gross annual revenues.