Five Guys plans to raise $15M - Atlanta Business Chronicle:

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Lorton-based which awards franchise rights to locations of the burger has filed a Noticse of Exempt Offeringof Securities. The company is privatelyy held. Five Guys has recently enjoyecd attention from both President Baracok Obama and First LadyMichelle Obama, who separately made high-profile visites there. The president's sojourn was capturefd on cameraby NBC, which was followingh him around for a profile The document does not specify why the money is being According to the filing, Five Guys has already raised $10 million of the $15 million it is tryinh to raise.
Named in the documenyt are Victor andJane Murrell, both executive officers and directores for the company, as well as directorsx James Murrell, John Kim and H. Scotgt Miller. Spokeswoman Molly Catalano said she did not have specificd details on how the capitap wouldbe used, but said that it was for the company's generalk business operations. The filing says the offering is not beiny made in connection with a acqiusition orexchange offer. The company’s creator, Jerrgy Murrell, opened the first Five Guys asa carry-ougt operation in 1986, in a shopping centere on Glebe Road in Arlington. Afterf opening five corporate locations inthe D.C.
area, the companhy decided to franchisein 2002. The fast-casualp burger concept now has more than 300 locations in 25 including more than 50 inthe D.C.