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.
Five Guys Plans To Buy Restaurant Portfolio From Its Largest US Franchisee
Proposed Deal Includes 107 Restaurants in Texas, California, Colorado, Oklahoma and Massachusetts
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