Five Guys logo

Five Guys

Fast casual burger chain · 1,900+ locations · US nationwide; 29 countries worldwide

Five Guys is still 75% owned and run by the founding Murrell family, at 1,900+ locations worldwide. Separately, a judge rejected its California wage settlement four times as too small before finally approving it.

Investor-backedDisplacement RiskFounder-runFranchise

The Big Picture

Mixed Picture

A California class action over unpaid overtime and missed breaks for 2,206 workers settled for $1.2 million in 2023, but only after a federal judge rejected the deal four times as too small. Most locations are franchised, so pay is set shop by shop. Even so, after forty years and 1,900-plus locations, Five Guys is 75% owned and run by the founding Murrell family, with no private equity takeover.

The Dirty Details

What do these scores mean? Learn more.

Make a New Choice

Company data last updated September 2026

How does one person build and research all this? They don't: here's how it actually works. Verdicts are our opinions, based on the public sources cited above as of September 2026. Spotted something off? or learn more.