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    Franchise opportunities compared

    Arby’s and featuring a variety of Arby’s deli-inspired sandw vs Five Guys

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    AAArby’s and featuring a variety of Arby’s deli-inspired sandw2025 FDDFive Guys2026 FDD

    Initial investment · Item 7

    Arby’s and featuring a variety of Arby’s deli-inspired sandw

    $12,000 – $1,374,000

    2025 FDD · Item 7

    Five Guys

    $52,100 – $927,850

    2026 FDD · Item 7

    Initial franchise fee · Item 5

    Arby’s and featuring a variety of Arby’s deli-inspired sandw

    —

    2025 FDD · Item 5 · PDF p. 32

    Five Guys

    $25,000

    2026 FDD · Item 5 · PDF p. 15

    Royalty · Item 6

    Arby’s and featuring a variety of Arby’s deli-inspired sandw

    4%

    2025 FDD · Item 6 · PDF p. 31

    Five Guys

    8%

    2026 FDD · Item 6 · PDF p. 16

    Before you compare

    • Arby’s and featuring a variety of Arby’s deli-inspired sandw figures come from its 2025 FDD and Five Guys figures from its 2026 FDD, so the years differ.
    • Arby’s and featuring a variety of Arby’s deli-inspired sandw and Five Guys disclose more than one business format, so the investment range spans formats; the full report breaks them out.
    • Only Arby’s and featuring a variety of Arby’s deli-inspired sandw has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    Arby’s and featuring a variety of Arby’s deli-inspired sandw

    $12,000 – $1,374,000
    2025 FDD · Item 7

    Five Guys

    $52,100 – $927,850
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)

    Arby’s and featuring a variety of Arby’s deli-inspired sandw

    —
    2025 FDD · Item 5 · PDF p. 32

    Five Guys

    $25,000
    2026 FDD · Item 5 · PDF p. 15
    Royalty (Item 6)

    Arby’s and featuring a variety of Arby’s deli-inspired sandw

    4%
    Royalty fee, Traditional Restaurants: 4% of Gross Sales
    2025 FDD · Item 6 · PDF p. 31

    Five Guys

    8%
    s. If the Restaurant is located in Alaska, Hawaii or Puerto Rico, the Royalty Fee is — 8%
    2026 FDD · Item 6 · PDF p. 16
    Brand / advertising fund (Item 6)

    Arby’s and featuring a variety of Arby’s deli-inspired sandw

    4.2%
    Traditional Restaurant minimum aggregate advertising expenditure: 4.2% of Gross Sales — 4.2%
    2025 FDD · Item 6 · PDF p. 31

    Five Guys

    $250
    , depending on your advertising needs When billed Prohibited Product or Service Fine — 250
    2026 FDD · Item 6 · PDF p. 16

    System scale & health

    Total outlets (Item 20)

    Arby’s and featuring a variety of Arby’s deli-inspired sandw

    3,365
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 74

    Five Guys

    1,583
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 54
    Net outlet change (Item 20)

    Arby’s and featuring a variety of Arby’s deli-inspired sandw

    −50
    Calculated: 3,415 at end of 2022 → 3,365 at end of 2024

    Five Guys

    +62
    Calculated: 1,521 at end of 2023 → 1,583 at end of 2025
    Outlet exits (Item 20)

    Arby’s and featuring a variety of Arby’s deli-inspired sandw

    Not available
    No complete exit records for a year

    Five Guys

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Arby’s and featuring a variety of Arby’s deli-inspired sandw

    Not available
    Not in reviewed records

    Five Guys

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Arby’s and featuring a variety of Arby’s deli-inspired sandw

    Not available
    Not in reviewed records

    Five Guys

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    AAArby’s and featuring a variety of Arby’s deli-inspired sandw
    Locations counted not stated in the reviewed record — 2024 Franchised Traditional Restaurants, 1st quartile
    $1,754,983
    other 1st quartile median AUV: $1,754,983
    2025 FDD · Item 19 · PDF p. 72
    Locations counted not stated in the reviewed record — 2024 Franchised Traditional Restaurants, 4th quartile
    $794,630
    other AUV
    2025 FDD · Item 19 · PDF p. 72
    Locations counted not stated in the reviewed record — 2024 Franchised Traditional Restaurants, All Restaurants
    $1,269,097
    other AUV
    2025 FDD · Item 19 · PDF p. 72
    +7 more groups in the full report
    Five Guys

    Not disclosed — no Item 19 financial performance representation

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Arby’s and featuring a variety of Arby’s deli-inspired sandw vs Five Guys: common questions

    Which costs less to open, Arby’s and featuring a variety of Arby’s deli-inspired sandw or Five Guys?
    Arby’s and featuring a variety of Arby’s deli-inspired sandw: $12,000 – $1,374,000 (2025 FDD · Item 7); Five Guys: $52,100 – $927,850 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Arby’s and featuring a variety of Arby’s deli-inspired sandw. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Arby’s and featuring a variety of Arby’s deli-inspired sandw and Five Guys royalties compare?
    Arby’s and featuring a variety of Arby’s deli-inspired sandw: 4% (2025 FDD · Item 6 · PDF p. 31); Five Guys: 8% (2026 FDD · Item 6 · PDF p. 16). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Arby’s and featuring a variety of Arby’s deli-inspired sandw or Five Guys?
    Arby’s and featuring a variety of Arby’s deli-inspired sandw: 3,365 (2025 FDD · Item 20 · PDF p. 74); Five Guys: 1,583 (2026 FDD · Item 20 · PDF p. 54). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Arby’s and featuring a variety of Arby’s deli-inspired sandw and Five Guys disclose financial performance (Item 19)?
    Arby’s and featuring a variety of Arby’s deli-inspired sandw has reviewed Item 19 figures for 10 location groups; Five Guys makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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    AA

    Full Arby’s and featuring a variety of Arby’s deli-inspired sandw report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Full Five Guys report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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