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Five Guys Plans To Buy Restaurant Portfolio From Its Largest US Franchisee

Proposed Deal Includes 107 Restaurants in Texas, California, Colorado, Oklahoma and Massachusetts
Encore Restaurants, a subsidiary of Encore Enterprises and the largest U.S. franchisee of Five Guys, plans to sell its franchised restaurants to the chain's parent. (Encore Restaurants)
Encore Restaurants, a subsidiary of Encore Enterprises and the largest U.S. franchisee of Five Guys, plans to sell its franchised restaurants to the chain's parent. (Encore Restaurants)
CoStar News
April 20, 2022 | 11:12 P.M.

The parent company of Five Guys Burgers and Fries is raising $200 million to buy its largest U.S. franchisee's portfolio of Five Guys locations in a move that banks on the anticipated future profits of a restaurant concept that saw growth during the pandemic.

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