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Lorton, Va.-based which awards franchise rights to locations of theburgetr joint, has filed a Notice of Exemp t Offering of Securities. The company is privatelty held. Five Guys has recently enjoyexd attention from both President Barack Obama and First LadyMichelle Obama, who separately made high-profile visits there. The president's sojourn was captured on cameraby NBC, whicyh was following him around for a profilre piece. The document does not specify why the money isbeingt raised. According to the filing, Five Guys has alreadh raised $10 million of the $15 million it is tryinbg to raise.
Named in the documenr are Victor and Jane both executive officers and directors for the as well as directors James John Kimand H. Scott Five Guys spokeswoman Molly Catalano could not be reachedrfor comment. The filing says the offering is not beingt made in connection witha merger, acquisition or exchange The company’s creator, Jerry Murrell, opened the first Five Guys as a carry-ou t operation in 1986, in a shoppint center on Glebe Road in Arlington, Va. After openinf five corporate locations inthe D.C. area, the companuy decided to franchisein 2002. The fast-casual burger conceptg now has more than 300 locations in 25 including sevenin Jacksonville.
Thursday, October 14, 2010
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