Franchise opportunities compared
Five Guys vs On the Hook Fish and Chips
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.
Initial investment · Item 7
Five Guys
$52,100 – $927,850
2026 FDD · Item 7On the Hook Fish and Chips
$359,360
2025 FDD · Item 7 · PDF p. 1Initial franchise fee · Item 5
Five Guys
$25,000
2026 FDD · Item 5 · PDF p. 15On the Hook Fish and Chips
$35,000
2025 FDD · Item 5 · PDF p. 9Royalty · Item 6
Five Guys
8%
2026 FDD · Item 6 · PDF p. 16On the Hook Fish and Chips
7%
2025 FDD · Item 6 · PDF p. 9Before you compare
- Five Guys figures come from its 2026 FDD and On the Hook Fish and Chips figures from its 2025 FDD, so the years differ.
- Five Guys discloses more than one business format, so the investment range spans formats; the full report breaks them out.
- Only On the Hook Fish and Chips has reviewed Item 19 figures here.
Financial commitment
Five Guys
On the Hook Fish and ChipsFive Guys
On the Hook Fish and Chips
Five Guys
On the Hook Fish and Chips
Five Guys
On the Hook Fish and Chips
Five Guys
On the Hook Fish and Chips
System scale & health
Five GuysOn the Hook Fish and ChipsFive Guys
On the Hook Fish and Chips
Five Guys
On the Hook Fish and Chips
Five Guys
On the Hook Fish and Chips
Five Guys
On the Hook Fish and Chips
Five Guys
On the Hook Fish and Chips
Financial performance (Item 19), by location group
Five GuysNot disclosed — no Item 19 financial performance representation
On the Hook Fish and ChipsItem 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.
Five Guys vs On the Hook Fish and Chips: common questions
- Which costs less to open, Five Guys or On the Hook Fish and Chips?
- Five Guys: $52,100 – $927,850 (2026 FDD · Item 7); On the Hook Fish and Chips: $359,360 (2025 FDD · Item 7 · PDF p. 1). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Five Guys. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
- How do Five Guys and On the Hook Fish and Chips royalties compare?
- Five Guys: 8% (2026 FDD · Item 6 · PDF p. 16); On the Hook Fish and Chips: 7% (2025 FDD · Item 6 · PDF p. 9). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, Five Guys or On the Hook Fish and Chips?
- Five Guys: 1,583 (2026 FDD · Item 20 · PDF p. 54); On the Hook Fish and Chips: 9 (2025 FDD · Item 20 · PDF p. 37). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do Five Guys and On the Hook Fish and Chips disclose financial performance (Item 19)?
- Five Guys makes no Item 19 financial performance representation; On the Hook Fish and Chips has reviewed Item 19 figures for 12 location groups. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.
Keep researching
Full Five Guys report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
Full On the Hook Fish and Chips report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
