Five Guys Franchise Disclosure Documents
Available Five Guys franchise disclosure document(s) (FDD's) are listed below. The Five Guys FDD is a federally mandated document that requires Five Guys to disclose 23 key items in easy-to-understand language. The FDD typically runs hundreds of pages long and contains critical information you should consider when researching a franchise. Multi-year analysis reports track how these disclosures change across consecutive FDD filings.
“As a franchisee, you will own and operate a FIVE GUYS ® fast casual restaurant which specializes in the sale of fresh made burgers and fries prepared in accordance with our recipes and ingredients, and other food items that we may specify periodically.” — 2026 Five Guys FDD
FDDs and Analysis Reports
Instant download after purchaseMulti-Year Analysis Packages
Year-over-year comparison of consecutive filings. Every figure cited to its filing, Item, and PDF page. Source FDDs included.
Five Guys 3-Year FDD Analysis Package (FY2023–FY2025)
Analysis report (22 pages) • 2 year-over-year transitions • 3 source FDDs (2024–2026 filings) included
What's insideSee a full sample report (PDF)
The report covers, in order:
- Executive summary
- Change index
- Consolidated unit summary
- Geographic summary
- Turnover, transfers & closure rates
- Franchisee investment and fees
- Financial performance representation
- Franchisor financial condition
- Franchisor entity & leadership
- Litigation & bankruptcy
- Method, limits and disclaimer
- What this report does not include
- You receive — one analysis report PDF and the 3 source FDD PDFs, 4 downloads in total, available immediately after purchase.
- Every figure is checkable — each carries a citation to its filing, FDD Item, and PDF page, and the filings it cites are in the package.
- Restatements are shown, not overwritten — where a later filing revises an earlier year's figures, both numbers appear with a note.
- Calculated figures are labeled — anything the report calculates rather than quotes is marked as calculated, with its formula published in the report.
- Gaps are explicit — a closing “What this report does not include” section separates what the franchisor didn't disclose from what this report doesn't collect, so an absence is never ambiguous.
Five Guys 2-Year FDD Analysis Package (FY2024–FY2025)
Analysis report (19 pages) • 1 year-over-year transition • 2 source FDDs (2025–2026 filings) included
What's insideSee a full sample report (PDF)
The report covers, in order:
- Executive summary
- Change index
- Consolidated unit summary
- Geographic summary
- Turnover, transfers & closure rates
- Franchisee investment and fees
- Financial performance representation
- Franchisor financial condition
- Franchisor entity & leadership
- Litigation & bankruptcy
- Method, limits and disclaimer
- What this report does not include
- You receive — one analysis report PDF and the 2 source FDD PDFs, 3 downloads in total, available immediately after purchase.
- Every figure is checkable — each carries a citation to its filing, FDD Item, and PDF page, and the filings it cites are in the package.
- Restatements are shown, not overwritten — where a later filing revises an earlier year's figures, both numbers appear with a note.
- Calculated figures are labeled — anything the report calculates rather than quotes is marked as calculated, with its formula published in the report.
- Gaps are explicit — a closing “What this report does not include” section separates what the franchisor didn't disclose from what this report doesn't collect, so an absence is never ambiguous.
Individual FDD Filings
Complete filings as submitted, including exhibits and financial statements.
Five Guys
2026 Franchise Disclosure Document (FDD)
August 2026
Five Guys
2025 Franchise Disclosure Document (FDD)
August 2025
Five Guys
2024 Franchise Disclosure Document (FDD)
May 2024
Five Guys
2020 Franchise Disclosure Document (FDD)
June 2020
Five Guys
2019 Franchise Disclosure Document (FDD)
May 2019
Five Guys
2018 Franchise Disclosure Document (FDD)
May 2018
FDDs are reproduced as filed and are current only as of their filing dates. The FDD Document Processing Fee covers acquisition, storage, organization, and digital delivery of an individually purchased FDD.
Franchise Genius is not affiliated with, endorsed by, or sponsored by any franchisor, and receives no compensation from any franchisor. Brand names and marks are used only to identify the franchise systems these documents describe.
