Five Guys Burgers & Fries vs Good Times Burgers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Five Guys Burgers & Fries vs Good Times Burgers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Five Guys Burgers & Fries Franchise
Good Times Burgers Franchise
Investment $306,200 - $716,250$750,000 - And Up
Franchise Fee $50,000 - $125,000N/A
Royalty Fee 6%4%
Advertising Fee 2%up to 5.5%
Year Founded 1986-
Year Franchised 2002-
Term Of Agreement 20 years15 years
Term Of Agreement 20 years15 years
Renewal Fee --


Business Experience Requirements

 
Five Guys Burgers & Fries Franchise
Good Times Burgers Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Five Guys Burgers & Fries Franchise
    Good Times Burgers Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Five Guys Burgers & Fries Franchise
    Good Times Burgers Franchise
    Training --
    Support Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Regional advertising-
    Operations --

    Expansion Plans

     
    Five Guys Burgers & Fries Franchise
    Good Times Burgers Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Five Guys Burgers & Fries

    At Five Guys, we don't like to talk about ourselves very much. We would rather focus on making burgers. So if you're interested in franchising, we hope it's because you love our burgers, love that we have a simple menu, and want to serve great burgers in a clean and friendly environment with very little fuss. If you feel that way, then there isn't much more to say! With the simple focus on quality, service and cleanliness, Five Guys has opened over 300 restaurants in less than five years. If you're interested in being a part of the Five Guys family, then fill out our form to reach our Franchise Department. We will get back to you with an application and will let you know what areas of the country are open for development. Markets Available for Development We are pleased to announce that we are currently sold out in the United States and in Canada. Our franchisees are feverishly working on completing development of their territories. This means that there are some areas without Five Guys locations, but those territories have been sold and franchisees will be opening there soon.

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    About Good Times Burgers

    Good Times offers a concept that serves success, opportunity and fun. We provide our franchisees with a high level of support and personal care throughout the franchise process. Good Times seeks both individual and multi-unit development franchisees for development in western and mid-western markets.
    We are a quick service restaurant chain serving a high quality, fresh, unique, proprietary selection of hamburgers made with Meyer All-Natural, All-Angus beef, All-Natural chicken from Springer Mountain Farms, Hatch Valley Green Chile Breakfast Burritos, signature Wild Fries and Natural Cut Fries, Beer Battered Onion Rings and fresh, creamy Frozen Custard in a variety of flavors, hand-spun shakes and Spoonbenders.