Five Guys

Restaurants · Miami, FL

Business Summary

Five Guys on Washington Avenue in South Beach serves premium burgers and fries to the busy South Beach market. Known for customizable burgers and fresh-cut fries, this location benefits from the constant flow of tourists and locals on Washington Ave.

Location & Competitors

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Neighborhood
South Beach commercial/Washington Ave
Foot Traffic
very high
Parking
limited
Transit Access
South Beach Local bus
Nearby Landmarks
Lincoln Road nearbySouth Beach hotelsnightlife venues

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Spitfire
0m
35/100
Weak
Medium
Cafe Charlotte
0m
20/100
Weak
Low
Hiro's Sushi Express
0m
15/100
Weak
Low
Pane and Vino
0m
20/100
Weak
Low

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Revenue Range

ConservativeExpectedOptimistic

Financial Overview

Estimated Value$900K-$1.6M
Industry Margin12-16%
Entry Cost$350K-$700K franchise

Market Analysis

Market Size$300M Miami burger segment
Trendbetter-burger chains continuing strong
Seasonalityyear-round with tourist boost

Consumer Trends

customizable burgersfresh-cut friesno-freezer promisepremium fast-casual burgers

SWOT Analysis

Strengths

Internal advantages

  • premium burger reputation
  • South Beach location
  • customizable menu
  • fresh-never-frozen
  • strong cult following

Weaknesses

Areas for improvement

  • higher price point
  • limited menu variety
  • no drive-through

Opportunities

External potential

  • delivery growth
  • late-night hours
  • tourist marketing

Threats

External risks

  • BurgerFi competition on same street
  • Shake Shack expansion
  • burger market saturation

Strategic Recommendations

Quick Wins

Implement this week

delivery optimization

late-night hours for SoBe crowd

Google Business optimization

Growth Strategies

1-3 months

catering for beach events

late-night burger marketing

partnership with nearby hotels

Risks to Monitor

Ongoing vigilance

premium burger competition

South Beach operating costs

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Premium Burger Battle App

App organizing burger tasting competitions between premium burger chains in Miami, creating engagement and driving traffic through gamification

2

Beach Burger Delivery Service

Specialized delivery service for premium burgers to South Beach hotels, pools, and beach locations with insulated packaging for quality

Digital Score

58/ 100
Fair

Quick Stats

Competitors4
Est. Revenue$1200-2000K
Market Trendbetter-burger chains continuing strong
Digital Score58/100

Contact Info

1500, Washington Avenue, Miami, FL, 33139, 33139
Used by 200+ businesses

What Top Competitors Already Know

See exactly how Five Guys stacks up: revenue projections, competitive blind spots, and 3 growth opportunities other businesses in this market are already using.

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