Five Guys plans to raise $15M - Los Angeles Business from bizjournals:

http://azcss.com/en/dhtml/page_1.html
Lorton-based which awards franchise rights to locations of theburger joint, has filed a Notice of Exempyt Offering of Securities. The company is privately held. Five Guys has recentluy enjoyed attention from both President Barackj Obama and First LadyMichelle Obama, who separatelyg made high-profile visits there. The president's sojourn was capturef on cameraby NBC, whicbh was following him around for a profilr piece. The document does not specifg why the money isbeing raised.
Accordinv to the filing, Five Guys has already raises $10 million of the $15 million it is trying to Named in the document are Victor and Jane both executive officers and directorss forthe company, as well as directors James Murrell, John Kim and H. Scot t Miller. Spokeswoman Molly Catalano said she did not have specifixc details on how the capital would be but said that it was forthe company's generall business operations. The filing says the offeringt is not being made in connection with a acqiusition orexchange offer. The company’s Jerry Murrell, opened the first Five Guys asa carry-ouf operation in 1986, in a shoppiny center on Glebe Road in Arlington.
After opening five corporats locations inthe D.C. the company decided to franchis ein 2002. The fast-casuap burger concept now has more than 300 locations in25 states, including more than 50 in the D.C.