Why Five Guys Charges So Much For Their Burgers And Fries
Five Guys is a chain known for its delicious burgers, fries, and even hot dogs, but prices for their food have gotten really expensive which has caused a big backlash with customers citing their ‘out of control’ prices.
The high cost of food at grocery stores and restaurants can be attributed to various factors. One major factor is the cost of production, which includes expenses like labor, transportation, packaging, and overhead costs. Additionally, fluctuations in commodity prices, weather conditions affecting crop yields, and global market trends can all impact the cost of food.
According to the LAD Bible, one customer’s recent receipt from Five Guys showed the following charges:
- Bacon Cheeseburger $12.49
- Regular Soda $2.89
- Little Fry $5.19
- Sales Tax $1.34
- Order Total $21.91
- Tip $2.19
- TOTAL $24.10
Some comments about these prices were “Fast food becoming a luxury meal is a sign of the times”, “$5 for a small fry is highway robbery. It’s literally just a potato and some salt” and “Five Guys was always overpriced. Same meal was $15 ten years ago.”
One customer countered by saying that Five Guys was actually a better deal because “You get free drinks refills, you get an extra scoop of fries for free, you get free peanuts. All the toppings on the burger are entirely free, regardless of how many of them you want.”
Finally, Jerry Murrell, Five Guys’ CEO said “We raise our prices to reflect whatever our food costs are. So, if the mayonnaise guy triples his price, we pay triple for the mayonnaise! And then we’ll increase the price of our product.” So there you have it straight from the customers and Five Guys management.
To combat the high cost of food, consumers can consider options like meal planning, buying in bulk, shopping for seasonal produce, and cooking at home more often. Restaurants can try to reduce costs by optimizing menu offerings, negotiating with suppliers for better prices, and improving operational efficiency. Overall, understanding the factors driving food prices can help individuals make informed choices to manage their food expenses effectively.
