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With the all-new Five Guys mobile app, it’s never been simpler to order all your Five Guys favorites, made just the way you like them – even when you’re on the go!

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Five Guys US

Five Guys Welcomes Guests to 40th Birthday After Party

Jerry Murrell

Janie Murrell

Jim Murrell

Matt Murrell

Chad, Ben, Tyler Murrell

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The Aging Process - Five guys take same photo for 30 years 

Wink Health: Making Five Guys Less Fattening

Quinnspiracy Theory: The Five Guys Saga

Five Guys Take Same Photo For 30 Years...

The Cost of Burgers at Five Guys vs. in N Out in San Diego, CA

Five Guys Enterprises, LLC is an American multinational fast food chain focused on hamburgers, hot dogs, and french fries. It is headquartered in Alexandria, Virginia. The first Five Guys restaurant opened in 1986 in Arlington County, Virginia. By 2001, there were five locations in the Washington, D.C., metro area. In early 2003, Five Guys began franchising, beginning a period of rapid expansion. In a year and a half, permits had been sold for over 300 franchised locations. As of 2016, Five Guys had over 1,700 locations open worldwide, with 1,300 locations under development. It was the fastest-growing fast food chain in the United States, with a 32.8% sales increase from 2010 to 2011.

burger and fries chain, based in the United States

Five Guys operated 1,700+ restaurants across 30+ countries as of October 2024, with approximately 1,000 U.S. locations and 700 international. Family-owned Murrell family retains majority ownership despite private equity investment. Estimated $2.1B annual U.S. system sales. Average unit volumes $1.8-2.0M despite premium pricing ($10-15 per burger). Expansion deliberately measured—opened 30-40 annual locations vs. competitors' 100+. CEO focused on maintaining quality standards: fresh never-frozen beef, hand-cut fries from whole potatoes, made-to-order preparation. Premium positioning justified $18+ average check.

Five Guys Operates 1,700+ Locations Globally, Focuses on Quality Over Rapid Expansion

Five Guys international expansion accelerated in 2024 with 700+ locations outside U.S. across UK (150+), France (70), Middle East (120), Asia-Pacific (80+). UK market particularly strong with £350M+ annual revenue, positioned as premium American burger import. Franchise model required master franchisees with deep capital and multi-unit restaurant experience. International average unit volumes matched or exceeded U.S. performance. Maintained consistent global menu, sourcing, and quality standards. Announced plans for 200 locations in India through 2030 partnership.

Five Guys International: UK, Middle East, Asia Drive Growth Beyond U.S.

Five Guys menu strategy remained deliberately narrow in 2024: burgers, hot dogs, fries, no chicken, no salads. Core offerings: hamburger, cheeseburger, bacon burger, bacon cheeseburger, Little (single) or regular (double patty). Free toppings included 15 options (grilled onions, jalapeños, mushrooms, BBQ sauce, mayo, lettuce, tomato) enabling 250,000+ burger combinations. Hand-cut fries available in two sizes, cooked in peanut oil. No freezers, no microwaves, no timers—everything fresh and made-to-order. Menu simplicity enabled kitchen efficiency, consistent execution, low food waste despite fresh ingredients.

Five Guys Menu Simplicity: Limited Options, Unlimited Customization Drive Operational Excellence

Five Guys' complimentary peanuts while customers waited became signature brand element and point of controversy. Restaurants featured red-and-white bags of peanuts in shells for free snacking, creating casual roadhouse atmosphere. Peanut policy generated strong brand affinity among fans but excluded customers with peanut allergies (estimated 1-2% population). Company maintained peanut program despite criticisms, arguing: (1) peanut oil for fries required warning anyway, (2) differentiated brand experience, (3) loyal fans appreciated gesture. Clear allergen warnings posted. Peanuts became social media talking point, word-of-mouth driver.

Five Guys Free Peanuts: Cult Favorite Builds Brand Loyalty Despite Allergy Concerns

Five Guys faced consumer backlash over high prices in 2024 as inflation-weary customers balked at $12-15 burgers, $6 fries, $20+ average orders. Franchisees defended pricing citing: fresh never-frozen beef costs, generous portions (regular fries filled cup plus extra scoop in bag), made-to-order prep labor, prime real estate locations. Average check climbed to $18+ vs. McDonald's $8-10. Traffic declined 3-5% but mix shift to premium items (bacon cheeseburger, large fries, shakes) maintained revenue. Brand positioned as 'worth the splurge' occasion dining, not everyday value meal. Customer surveys showed high satisfaction among those willing to pay premium.

Five Guys Pricing Strategy: $15 Burgers Test Premium Fast-Casual Limits

Five Guys franchise economics remained attractive despite high barriers to entry. Initial investment $306K-$641K (franchise fee, equipment, build-out). Ongoing 6% royalty + 2% marketing fee. Average unit volumes $1.8-2.0M generated strong franchisee returns. However, company highly selective: preferred experienced multi-unit operators, required restaurant background, prioritized operators over private equity. 95%+ franchised system. Franchisee satisfaction high due to strong brand awareness, proven economics, comprehensive training/support. But deliberate expansion meant limited new franchise opportunities—waitlist of qualified applicants.

Five Guys Franchise Model: High Investment, Strong Returns, Selective Growth

Five Guys Maintains Premium Fast-Casual Positioning with Fresh-Cut Fries, Hand-Formed Burgers, and Global Expansion

Five Guys finally willing to negotiate

Five Guys CEO says he gave $1.5 million bonus to employees because ‘I didn't want anybody shooting me'

That must be how Five Guys stays in business, too

Five Guys is not as bad as their rep

Five Guys CEO says he gave $1.5M staff bonus so he wouldn’t get shot in the back like UnitedHealthcare boss:

Finally gave in and spent $30 at Five Guys

Hell has frozen over… Five Guys must be hurting.

First time trying Five Guys

I really wish people would stop ordering Five Guys

Why does Five Guys get singled out for its prices?

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FIVE BELOW, INC

Jerry and Janie Murrell opened first Five Guys Burgers and Fries in Arlington, Virginia, with sons Jim and Matt (instead of college). Used family savings of ~$70K. Fresh never-frozen beef, hand-cut fries, made-to-order burgers.

First restaurant successful ($500K+ revenue), opened second location in Alexandria, Virginia. Proved concept portable beyond original location. Family worked all positions.

Slowly expanded to six company-owned locations across Northern Virginia and DC suburbs. No franchising, no outside investment. Cult following developed among local customers. Refinement of operations, menu, training.

Jerry's sons convinced him to franchise after 15 years of company-only growth. Offered first franchises—sold 300 territories in 18 months, fastest-growing franchise in U.S. Proven $1M+ unit economics attracted experienced operators.

Five Guys exploded from 5 locations (2003) to 300+ (2006). Opened in multiple states simultaneously. Maintained quality standards despite rapid expansion. Hands-on franchisee training, strict operational requirements.

Reached 1,000 restaurants across U.S. President Barack Obama visited Five Guys (May 2009) for lunch, generating massive media coverage. Consumer Reports named Five Guys best burger in America. National brand awareness exploded.

Opened first international location in Ontario, Canada. Tested exportability of U.S. concept. Maintained consistent menu, sourcing standards. Canadian market grew to 50+ locations.

Launched in United Kingdom with Covent Garden, London location. Positioned as premium American burger import. Strong initial reception—UK grew to 150+ locations, largest international market. £350M+ annual UK revenue.

Expanded to Middle East, Europe, Asia-Pacific. Master franchise agreements with experienced operators. Adaptation minimal—menu, quality standards consistent globally. 500+ international locations by 2016.

Operated 1,500+ restaurants in 25+ countries. U.S. market matured at ~1,000 locations. International growth accelerated. Estimated $1.8B U.S. system sales. Murrell family retained majority ownership despite buyout offers.

Pandemic initially hurt dine-in traffic but accelerated digital ordering, delivery partnerships. No drive-thrus limited adaptation. Temporary closures, reduced hours. Recovery slower than competitors with drive-thrus. Added online ordering, mobile app.

Private equity firm Advent International acquired minority stake (exact percentage undisclosed) to fund international expansion. Murrell family retained majority ownership, operational control. Valuation estimated $3-4B.

Operated 1,700+ restaurants (1,000 U.S., 700 international) in 30+ countries. Estimated $2.1B U.S. system sales. International markets: UK 150+, Middle East 120+, France 70+, Asia 80+. Average unit volumes $1.8-2.0M. Premium pricing strategy: $12-15 burgers, $18+ average check. Hand-cut fries, fresh never-frozen beef, 15 free toppings, made-to-order. Free peanuts remained signature despite allergy concerns. Deliberate expansion pace 30-40 annual locations prioritizing quality over growth. Family-owned, Murrell sons lead operations. India expansion announced (200 locations by 2030).

Use Quantum Physics to Split Your Universe -- It's the Ultimate Decision-Maker

THIS IS THE ORIGINAL!
  • An App Store "Top Paid App"
  • An App Store "Staff Favorite"
  • Endorsed by famous physicist

Entangled is an exploration of the role of consciousness in the Universe, and the possibility of accessing information across time and space by tapping into it. Entangled consists of a mobile app conn

QuantIC is the UK Quantum Technology Hub in Quantum Enhanced Imaging and we’re working on new technologies that uses quantum physics – the physics of the smallest values such as atoms and photons to m

Pursuing the highest standards in quantum physics and computer science research

Scientific Excellence

Combining hardware and software expertise for complete quantum solutions

Integration

Delivering quantum computing solutions that create real business value

Commercial Impact

Building partnerships across continents to advance quantum technology

Global Collaboration

Quantinuum is the world's largest integrated quantum computing company, combining industry-leading trapped-ion hardware with advanced quantum software to deliver the highest-performing commercial quantum systems available.

Quantinuum H-Series quantum computer

Microsoft, Quantinuum claim breakthrough in quantum computing

Microsoft and Quantinuum create 12 logical qubits

Quantinuum’s New H2 Quantum Computer Has Created Non-Abelian Anyons

Microsoft and Quantinuum demonstrate the most reliable logical qubits on record

Rajeeb (Raj) Hazra

President & CEO

Ilyas Khan

Founder, Vice Chairman & Chief Product Officer

Tony Uttley

Former President & COO (through 2023)

Quantinuum is a quantum computing company formed by the merger of Cambridge Quantum and Honeywell Quantum Solutions. The company's H-Series trapped-ion quantum computers set the highest quantum volume to date of 33,554,432 in September 2025. This architecture supports all-to-all qubit connectivity, allowing entangled states to be created between all qubits, and enables a high fidelity of quantum states. Quantinuum has developed middleware and software products that run on trapped-ion and other quantum computing platforms for cybersecurity, quantum chemistry, quantum machine learning, quantum Monte Carlo integration, and quantum artificial intelligence. The company also offers quantum-computing-hardened encryption keys designed to protect data assets and enhance cryptographic defenses.

Second-generation trapped-ion quantum computer with 56 ytterbium qubits, featuring all-to-all connectivity, mid-circuit measurement, conditional logic, and industry-leading fidelity. Achieved quantum volume over 2 million.

System Model H2

Third-generation quantum computer with 98 barium ion qubits delivering 48 logical qubits. Features the world's first commercial ion junction, 99.9975% single-qubit fidelity, and a real-time control engine with Guppy programming language.

Helios

Quantum cybersecurity platform that provides quantum-enhanced encryption keys for enhanced security. Generates cryptographic keys using quantum randomness that cannot be predicted by any algorithm.

Quantum Origin

Computational chemistry platform for quantum simulations in drug discovery, materials science, and specialty chemicals. Enables quantum advantage in molecular simulations.

InQuanto

Open-source quantum software development kit that optimizes quantum circuits for any hardware platform. Industry-leading compiler used by researchers and developers worldwide.

TKET

Modern Python-based programming language for quantum computing that enables seamless hybrid quantum-classical programming with a real-time control engine.

Guppy Programming Language

Quantinuum launched Helios, the world's most accurate general-purpose commercial quantum computer featuring 98 physical qubits, 48 logical qubits, and 99.9975% single-qubit gate fidelity, available to customers including Amgen, BMW, JPMorgan Chase, and SoftBank.

Quantinuum Announces Commercial Launch of Helios Quantum Computer

Quantinuum raised $600 million in equity funding at a $10 billion pre-money valuation, with investors including Nvidia, JPMorgan Chase, Mitsui, and Honeywell leading the round to advance quantum computing at scale.

Honeywell Announces $600 Million Capital Raise for Quantinuum at $10 Billion Valuation

Quantinuum announced an accelerated roadmap including Sol (2027) and Apollo (2029) quantum systems, targeting universal fully fault-tolerant quantum computing by the end of the decade.

Quantinuum Unveils Accelerated Roadmap to Fault-Tolerant Quantum Computing by 2030

Quantinuum announced an equity funding round of $300 million led by JPMorgan Chase, bringing total capital raised to $625 million and achieving a $5 billion valuation.

Quantinuum Raises $300 Million at $5 Billion Valuation

Quantinuum achieved 12 logical qubits on the 56-qubit System Model H2, representing a 3x advance over previous achievements and demonstrating progress toward practical quantum error correction.

Quantinuum Achieves 12 Logical Qubits on H2 System

Quantinuum Helios is a new 98-qubit commercial quantum computer, described as the "world's most accurate," based on a trapped-ion quantum charge-coupled device (QCCD) architecture. I

Is Quantinuum the strongest positioned quantum company currently?

Quantinuum third generation Helios

I will be praying everyday that Quantinuum goes out of business

Quantinuum Develops New Method for Optimizing and Automating Qubit Reuse

Quantinuum's Quantum Origin Wins UK Business Tech Innovation Award

Quantinuum Develops Graphical Calculus for Quantum Mathematics

Cryptomite: Open-Source Randomness Extraction Library by Quantinuum

Quantum Markov Chain Monte Carlo Experimentally Realized on Quantinuum NISQ Hardware

HON ipo of Quantinuum will reveal value

informaq

QuantumComputing

QuantumEconomy

IonQ

Soundhound

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CVR PARTNERS, LP

Cambridge Quantum Computing (CQC) was founded through the University of Cambridge's Accelerate Cambridge program by Ilyas Khan, focusing on quantum software and algorithms.

Cambridge Quantum Computing Founded

Honeywell Quantum Solutions (HQS) was established within Honeywell to develop trapped-ion quantum computing hardware, leveraging Honeywell's precision engineering expertise.

Honeywell Quantum Solutions Founded

Honeywell announced plans to spin off its quantum division and merge it with Cambridge Quantum Computing to create the world's largest integrated quantum computing company.

Merger Announcement

Honeywell Quantum Solutions and Cambridge Quantum Computing completed their merger on November 30, forming Quantinuum with nearly 400 employees, over 300 of whom were engineers and scientists.

Quantinuum Formed

Quantinuum's System Model H1 achieved a quantum volume of 1,024, the highest measured on a commercial quantum computer at that time.

System Model H1 Achieves Quantum Volume 1,024

Quantinuum's Quantum Origin cybersecurity product was recognized by UK Business Tech with the Best Use of Innovation award.

Quantum Origin Award

Rajeeb (Raj) Hazra was named CEO, bringing over 30 years of experience from Intel. Ilyas Khan transitioned to Vice Chairman and Chief Product Officer.

New CEO Appointed

Quantinuum announced an equity funding round of $300 million led by JPMorgan Chase, achieving a $5 billion valuation and bringing total capital raised to $625 million.

$300M Funding at $5B Valuation

Quantinuum achieved 12 logical qubits on the updated 56-qubit System Model H2, a 3x advance over the four logical qubits announced in April.

12 Logical Qubits Achievement

Honeywell announced a $600 million equity capital raise for Quantinuum at a $10 billion pre-money valuation, with participation from Nvidia, JPMorgan, and Mitsui.

$600M Funding at $10B Valuation

Quantinuum launched Helios, the world's most accurate general-purpose commercial quantum computer with 98 physical qubits and 48 logical qubits, featuring 99.9975% single-qubit gate fidelity.

Helios Quantum Computer Launch

quantum computing company spun off from Honeywell

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