Five Guys franchise for sale
A Five Guys franchise for sale is already open, and its owner sells it to you. Five Guys has to approve you, and the sale can't close until it does.
Buying a Five Guys franchise from its owner
- Fee for a transfer
- The transfer application is sent with $5,000. Item 6, 2026 FDD
- Sales to new owners in 2025
- 41; There were 56 in 2023 and 50 in 2024.; That total represents 4.2% of 970 franchised units. Item 20, 2026 FDD
- Five Guys can purchase it ahead of others
- Yes, within 30 days, under a right of first refusal based on the terms in your offer. Item 17, 2026 FDD
- You are the signer
- The current agreement applies, rather than the seller's old terms. Item 17, 2026 FDD
- Opening a new Five Guys instead
- Opening one costs $927,850 to $1,375,750 in total. Item 7, 2026 FDD
What does Five Guys ask before approving a sale?
- All amounts owed to the franchisor must be paid by the seller.
- No other default can exist on the seller's part.
- The seller has to sign a general release.
- A transfer fee must be paid by the seller.
- The franchisor's criteria must be met by the buyer.
- Training attendance is required of the buyer.
- Signing the current Franchise Agreement is required of the buyer.
New owners bought Five Guys units
| Year | Units transferred |
|---|---|
| 2023 | 56 |
| 2024 | 50 |
| 2025 | 41 |
Item 20 of the FDD provides these counts and lists owners who sold or left during the last year, along with their contact details. Before you make an offer, give a few of them a call.
Where to find a Five Guys franchise for sale
The FDD doesn't identify units currently available for sale. Because owners use business brokers and listing sites, contact Five Guys's franchise team as well to learn if a nearby owner is selling.
Pricing is the seller's decision. Ask for profit and loss statements covering three years and weigh the price against $927,850 to $1,375,750, what a new Five Guys costs to open.
Each figure on this page comes from Items 6, 17 and 20 in the 2026 Five Guys Franchise Disclosure Document, a document submitted by Five Guys Franchisor, LLC to the Minnesota Department of Commerce.
Other franchises available for sale
Buying a Five Guys franchise from its owner?
One franchise attorney can check the transfer terms and the agreement you would take over. Send your details and they will contact you.