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Lorton-based which awards franchise rights to locationd of theburger joint, has filed a Notice of Exempt Offering of Securities. The company is privately held. Five Guys has recently enjoyef attention from both President Barack Obama and First Lady Michelle who separatelymade high-profile visitsa there. The president's sojourn was captured on cameraaby NBC, which was followinv him around for a profile piece. The documentt does not specify why the money isbein raised. According to the filing, Five Guys has alreadyg raised $10 million of the $15 million it is tryiny to raise.
Named in the documenrt are Victor andJane Murrell, both executive officers and directorse for the company, as well as directorw James Murrell, John Kim and H. Scotyt Miller. Spokeswoman Molly Catalano said she did not have specifid details on how the capital woulfdbe used, but said that it was for the company'e general business operations. The filing says the offering is not beinb made in connection witha merger, acqiusitionj or exchange offer. The company’s creator, Jerry Murrell, opened the firsyt Five Guys asa carry-out operationh in 1986, in a shoppingy center on Glebe Road in Arlington. Aftere opening five corporate locations inthe D.C.
area, the company decided to franchisewin 2002. The fast-casuall burger concept now has more than 300 locations in 25 including more than 50 inthe D.C.
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