Published: November 25 2023
Hungarian fans are eagerly waiting for the arrival of the famous American fast-food chain, Five Guys, in Budapest. While the exact opening date is still unknown, Monterock International has received permission to open Five Guys restaurants in several Central and Eastern European countries.
Expansion Plans
Monterock International plans to open new Five Guys restaurants in Austria, the Czech Republic, Poland, Slovakia, and Hungary by 2028. In addition to taking over two existing restaurants in Vienna, the company aims to open additional dining places in the region. However, the prices at Five Guys may be a concern for many Hungarians, as they are relatively high compared to the average salary in the country.
Five Guys: A Growing Phenomenon
Five Guys is recognized as one of the fastest-growing and most renowned fast-food chains in the world. With over 1,850 locations across North America, Europe, Asia, and the Middle East, the restaurant is known for its customizable sandwiches and extensive range of toppings.
Alternative Options in Hungary
For those who may find Five Guys too expensive, there are alternative Hungarian initiatives, such as Simon's Burger by Chef Simon Tóth. These local burger options provide more affordable choices for residents and visitors in Hungary.
Monterock International's Diverse Business Ventures
While operating restaurants is one aspect of Monterock International's activities, the company is also involved in investments within the property, food, and drinks industries. Their diverse portfolio extends beyond the fast-food sector.
Questions & Answers
When is the first Five Guys restaurant opening in Budapest? The exact opening date for the first Five Guys restaurant in Budapest is not known yet.
Which company received permission to open Five Guys restaurants in Central and Eastern Europe? Monterock International received permission to open Five Guys fast food restaurants in Central and Eastern Europe.
In which five countries will Monterock International open new Five Guys restaurants? Monterock International plans to open new Five Guys restaurants in Austria, the Czech Republic, Poland, Slovakia, and Hungary.
Will the prices at Five Guys be affordable for most Hungarians? The prices at Five Guys are high compared to the average Hungarian salary. For example, a hamburger costs EUR 12 and a cheeseburger is EUR 13. This may not be affordable for most Hungarians whose average wage was EUR 1,447 in November.
How many places to eat does Five Guys have worldwide? Five Guys has 1,850 places to eat in North America, Europe, Asia, and the Middle East.
What is the concept that made Five Guys famous? Five Guys became famous for their system in which guests can assemble their own sandwiches and choose from multiple dozens of toppings based on their individual preferences.
Is there a similar Hungarian initiative to Five Guys? Yes, Chef Simon Tóth's Simon's Burger is a similar Hungarian initiative to Five Guys.
