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Five Guys history
Five Guys company history timeline
But eventually he and his company started to sell franchises in the early 2000’s.
2002: Five Guys decides DC metro-area residents shouldn’t be the only ones to experience their burgers and start to franchise in Virginia and Maryland.
2003: Five Guys sells out of franchise territory within 18 months and starts to open the rest of the country for franchise rights.
2003 – Present: Five Guys expands to over 1,000 locations in 47 states and 6 Canadian provinces.
Early in 2003, Jerry and Janie, together with the “Five Guys,” began offering franchise opportunities.
Famed New York City restaurateur Danny Meyer founded Shake Shack in 2004, which has 15 restaurants.
Such are the problems of being the fastest-growing restaurant chain in the United States, which has doubled its number of stores since 2009.
Meyer says he doesn’t see Murrell as a competitor but rather as “a friendly restaurant colleague.” Murrell actually asked Meyer to speak at a Five Guys franchisee convention in 2009, which Meyer says struck people as “odd.” He went anyway and talked about hospitality.
In 2009 President Obama stopped in for a cheeseburger, with dozens of cameramen in tow.
The entire chain, including sales at the franchises, will surpass $1 billion in revenues this year, up from $950 million in 2011.
In 2011, Five Guys became the largest chain in America to install those crazy Coke freestyle machines.
By 2012, the chain has continued its expansion, with stores in over 1000 locations operating in 47-plus states, and also in neighboring Canada.
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Five Guys competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Hardee's Food Systems Inc | 1960 | $920.0M | 16,680 | 12 |
| Firehouse Subs | 1994 | $695.0M | 2,000 | 1,854 |
| White Castle | 1921 | $720.6M | 10,000 | 509 |
| Bojangles | 1977 | $547.4M | 7,500 | 426 |
| Raising Cane's | 1996 | $1.5B | 3,100 | 1,717 |
| Jack in the Box | 1951 | $1.6B | 22,000 | 2,504 |
| Culver's | 1984 | $3.2B | 20,000 | 2,294 |
| Chipotle Mexican Grill | 1993 | $11.3B | 64,570 | 4,213 |
| Wendy's | 1969 | $2.2B | 12,500 | 5,862 |
| Papa Murphy's | 1981 | $126.4M | 236 | 821 |
Five Guys history FAQs
Zippia gives an in-depth look into the details of Five Guys, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Five Guys. The employee data is based on information from people who have self-reported their past or current employments at Five Guys. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Five Guys. The data presented on this page does not represent the view of Five Guys and its employees or that of Zippia.
Five Guys may also be known as or be related to Five Guys, Five Guys Burgers and Fries, Five Guys Enterprises and Five Guys Enterprises LLC.