Five Guys and a Burger

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Category: Business and Industry

Date Submitted: 01/17/2014 11:43 AM

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Five Guys and a Burger is a fast food restaurant chain whose main focus is its hamburgers, hotdogs, and fries. The first Five Guys restaurant opened in 1986 in Arlington, Virginia by Jerry Murrell and four of his sons. Today the five guys that lead the chain are the five Murrell brothers, Matt, Jim, Chad, Ben, and Tyler. Before franchising, Five Guys was just a little family owned burger operation with five locations across the Washington DC metro area. Five Guys Burgers and Fries first began to franchise in 2003 selling permits for over 300 franchised locations. . Today the business is by some estimates heading toward $1 billion in value. Five Guys has 87 locations. Most are in the Washington region, but a hundred more will open along the East Coast this year, and another thousand are being phased in. Each store, the company says, pulls in about $1 million a year.

As of last year, 2012, they had expanded to over 1,000 locations throughout the United States and Canada. Five Guys was proclamed to be the fastest growing fast food chain from 2010 to 2011.(LATimes, 2012)

In comparing the mission statements of McDonalds, Wendys, and Burger King to that of Five Guys, Five Guys is more targeted at pleasing their customers, and satisfying basic customer needs. Five Guys are leaders who create their own trends. Their mission statement of, “We are in the business of selling burgers; You the customer are the most important visitor on our premises;You are not dependent on us, we are dependent on you; You are not an outsider in our business –you are a part of it;We are not doing you a favor by serving you – you are doing us a favor by giving us the opportunity to do so.” lets customers know and feel their special. (fiveguys.com). Five Guys mission statement is aligned with their philosophy of if you're going to sell hamburgers and french fries in a restaurant industry than you'd better do them better than anyone else. It is their passion to make great burgers....