Five Guys Franchise Disclosure Documents (FDD)
For analysts, attorneys, journalists, and prospective operators, the Five Guys FDD is primary-source research: a federally required disclosure running hundreds of pages, updated annually. We carry 6 editions (2018–2026) — available for immediate purchase and download.
A Franchise Disclosure Document (FDD) is the disclosure the Federal Trade Commission's Franchise Rule requires Five Guys to provide to any prospective franchisee before a sale. Its 23 numbered Items set out the company's history and leadership, initial fees and estimated investment, ongoing obligations, territory terms, any financial performance representation, outlet counts, and audited financial statements, and the document is refiled each year.
Available Documents
Five Guys 2026 Franchise Disclosure Document (FDD)
Issued August 2026 · 351-page PDF
- Initial investment (Item 7):
- $927,850 – $1,375,750 (p. 20)
Five Guys 2025 Franchise Disclosure Document (FDD)
Issued August 2025 · 349-page PDF
- Initial investment (Item 7):
- $977,850 – $1,375,750 (p. 20)
Five Guys 2024 Franchise Disclosure Document (FDD)
Issued May 2024 · 348-page PDF
- Initial investment (Item 7):
- $256,200 – $591,250 (p. 20)
Five Guys 2020 Franchise Disclosure Document (FDD)
Issued June 2020 · 358-page PDF
Five Guys 2019 Franchise Disclosure Document (FDD)
Issued May 2019 · 347-page PDF
Five Guys 2018 Franchise Disclosure Document (FDD)
Issued May 2018 · 353-page PDF
Note: Purchased documents are delivered as instant PDF downloads. The price covers acquisition, storage, organization, and digital delivery of the document.