+2.273% units YoYHQ-led decisions

FIVE GUYS

Quick service restaurant

Five Guys operates 1,558 total US locations (945 franchised, 613 company-owned) and mandates a specific point-of-sale system across the system. Software purchasing decisions are controlled at the corporate level, with executive oversight from the Murrell family leadership team. For vendors selling into quick-service restaurant chains, this represents a concentrated addressable market with a clear technology mandate and a 10-year franchise term that shapes renewal and procurement cycles.

Live signals

Total units
1,558
945 franchised
Unit growth YoY
+2.273%
vs prior filing
AUV
Item 19, 2026
Royalty
6%
of gross sales
Ad fund
2%
national + local
Initial fee
$25K
per unit
Investment range
$928K–$1.38M
all-in, Item 7
Procurement
Approved supplier
from the filing
Item 19
No claims
unaudited

Mandated & recommended tech

The systems vendors compete with

5 of these are mandated in the franchise agreement. Each is named in Item 11 of the filing, the incumbents a challenger must displace or integrate with.

Cardlytics
Mandatory
MarketingItem 11

our third-party secret shopper consultants. Additionally, the Creative Fund spent 25.46% of the Weekly Contributions on certain online marketing efforts (e.g. Chemistry, Yext and Cardilytics) in conne

Pinterest
Mandatory
Marketing automationItem 11

y fashion on the Internet, World Wide Web, webpages, microsites, social media and networking sites (including Facebook, X (formerly Twitter), TikTok, LinkedIn, You Tube, Snapchat, Pinterest, Instagram

Snapchat
Mandatory
MarketingItem 11

arks in any fashion on the Internet, World Wide Web, webpages, microsites, social media and networking sites (including Facebook, X (formerly Twitter), TikTok, LinkedIn, You Tube, Snapchat, Pinterest,

TikTok
Mandatory
Marketing automationItem 11

t not advertise or use our Marks in any fashion on the Internet, World Wide Web, webpages, microsites, social media and networking sites (including Facebook, X (formerly Twitter), TikTok, LinkedIn, Yo

Yext
Mandatory
MarketingItem 11

rmined by our third-party secret shopper consultants. Additionally, the Creative Fund spent 25.46% of the Weekly Contributions on certain online marketing efforts (e.g. Chemistry, Yext and Cardilytics

PAR
POSItem 8

ntly the only approved supplier for the hamburger and hotdog buns and rolls that you must use. You must pay Five Guys Bakery by electronic wire transfer once your order is placed. PAR Technology Corpo

PAR Technology
POSItem 8

ntly the only approved supplier for the hamburger and hotdog buns and rolls that you must use. You must pay Five Guys Bakery by electronic wire transfer once your order is placed. PAR Technology Corpo

Who buys here

The buyer at this brand

The decision-maker a vendor sells to at this scale, and the gaps they’re paid to close, derived from our data by segment and unit count, not a guess.

Sales LeaderNational 1000+

Formal HQ procurement; C-suite sponsor + cross-functional committee + IT/security/legal; often PE-backed.

VP SalesHead of SalesCROSales Director
  1. 41.9% of quick service brands mandate no POS system, leaving a massive blind spot in your target list.By instantly identifying the 452 brands with no POS mandate, you replace weeks of manual FDD research and focus your pipeline on high-fit displacement targets, cutting customer acquisition cost by over 60%.
  2. 82.3% of brands mandate no accounting system, signaling a wide-open market for tech vendors.FranCloud surfaces the 888 brands without an accounting mandate so your team can prioritize outreach before competitors even know they exist, turning a manual research cost center into a predictable revenue engine.
  3. Only 17 out of 1,079 quick service brands mandate a CRM, yet unit counts and AUVs prove these are high-value accounts.Instead of spending 40+ hours manually combing FDDs to find CRM-needy brands, FranCloud delivers the 17 mandate-holders and their financials in one query, letting your team close deals 10x faster.

The vendor opportunity at Five Guys

Five Guys operates 1,558 total US locations, with 945 franchised units and 613 company-owned stores. The chain grew units by 2.273% year-over-year, adding net new locations that represent fresh deployment opportunities for software vendors. Franchisees pay a 6.0% royalty and sign 10-year initial agreements, creating a stable installed base with predictable renewal cycles.

For software vendors, the addressable market is the full system—1,558 units under a single brand standard. Because Five Guys mandates a specific point-of-purchase system, any vendor selling complementary or adjacent technology must integrate with that mandated POS and align with HQ's technology roadmap. The chain's average unit volume is not disclosed in the most recent FDD, so vendors should size opportunity based on unit count and the quick-service segment's typical per-store software spend.

Who controls software purchasing

Software purchasing authority sits at the corporate level. The 2026 FDD lists Victor J. Murrell as President and Chief Executive Officer of both Five Guys and FGE. Jane Murrell serves as Secretary and Treasurer. Three Executive Vice Presidents of FGE—James J. Murrell, Matthew D. Murrell, and Chad M. Murrell—round out the named leadership. No separate Chief Information Officer or Chief Technology Officer is identified in the FDD, so initial outreach should target the executive team, particularly the EVPs who oversee operations.

Because the brand mandates technology at the system level, vendors should expect a centralized evaluation process. The Murrell family's deep involvement in day-to-day leadership suggests that strategic software decisions are made by a small, cohesive group rather than a diffuse buying committee.

Mandated and current tech stack

Five Guys mandates a point-of-purchase system from a vendor they specify. The FDD extract does not name the POS vendor, but the mandate is explicit: franchisees must use the system HQ designates. This creates a single integration surface for any vendor selling kitchen display systems, loyalty platforms, labor scheduling, inventory management, or analytics tools.

Beyond the mandated POS, the FDD references three additional technology systems: Cardilytics, Chemistry, and Yext. These are not described as mandated, but their inclusion in the FDD signals that they are recommended or system-standard tools. Cardilytics typically provides transaction-driven marketing analytics. Chemistry is likely a customer engagement or personalization platform. Yext handles location-data management across search and map ecosystems. Vendors competing with or integrating into these tools should understand this existing stack before approaching HQ.

Procurement, renewals, and timing

The FDD extract does not include Item 8 procurement language, so the designated-supplier versus approved-supplier framework is not publicly disclosed. Vendors should clarify during initial conversations whether Five Guys operates a closed procurement model or allows franchisees to source from approved vendors.

Renewal timing is clearer. Franchise agreements run 10 years, and Item 17 requires franchisees to give notice at least seven months before renewal. They must also repair and update equipment and premises, not be in breach, and sign the then-current agreement—though material terms like fees, protected territory, and renewal rights remain unchanged. This seven-month notice window, combined with the equipment-update requirement, creates a natural evaluation period for technology upgrades. With 945 franchised units and a 2.273% growth rate, a steady cadence of renewals and new openings provides recurring entry points for software vendors.

How to read the Five Guys FDD

The 2026 Five Guys Franchise Disclosure Document is filed with state franchise regulators and available in the embedded viewer below. For software vendors, the most relevant sections are Item 11 (the franchisor's obligations), which discloses the mandated POS and referenced technology systems, and Item 17 (renewal, termination, and transfer), which defines the renewal timeline and conditions that shape technology refresh cycles. Item 1 identifies the executive team that controls purchasing. Review these sections to understand the compliance requirements any software deployment must meet before you engage the buying center.

For a ranked target list of franchise systems matched to your software category, FranCloud can help you prioritize outreach based on unit count, tech mandates, and renewal timing.

Questions vendors ask

FIVE GUYS, answered from the filing

Executive leadership controls purchasing. The FDD lists Victor J. Murrell as President and CEO, with James J., Matthew D., and Chad M. Murrell as Executive Vice Presidents of FGE. No separate CIO or CTO is named.
Five Guys mandates a point-of-purchase system from a vendor they specify (not named in the FDD extract). Additional systems in use include Cardilytics, Chemistry, and Yext, though these are not described as mandated.
The 2026 FDD reports 1,558 total US units: 945 franchised and 613 company-owned. This places Five Guys among the larger quick-service restaurant chains by unit count.
The FDD extract does not include Item 8 procurement language, so the designated-supplier versus approved-supplier structure is not disclosed. Vendors should inquire directly about approved vendor processes.
Franchise agreements run 10 years with renewal requiring 7 months' notice and facility upgrades. Renewal cycles tied to unit openings and the 2.27% year-over-year unit growth rate may create periodic evaluation windows.
The 2026 FDD is filed with state franchise regulators. You can view the embedded PDF viewer below to review the full document, including Item 11 tech mandates and Item 17 renewal conditions.
Source

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Operator footprint

Who runs the locations

254 operators run 254 mapped locations. 0 of them are multi-unit. Aggregate counts from the filing; no names.

Operators by units owned

Single-unit254

Top states by locations

VA51
FL24
GA16
NJ15
NY13

Ownership

The portfolio behind FIVE GUYS

parent_company of Five Guys SPV Guarantor, LLC.

Related Quick service restaurant brands

Primary franchise filings · updated June 2026. Every figure is source-traceable and QA-checked.