How much is it to open a Teriyaki Madness franchise?
Teriyaki Madness' initial investment range is $346,400 – $768,760*. With the average initial investment in the fast casual industry at $764,395, becoming a TMAD franchisee is a no brainer.
How many Teriyaki Madness locations are there?
Founded in 2003, the brand currently has more than 100 shops open, with franchising opportunities nationwide for qualified single and multi-unit candidates.
Is Teriyaki Madness Japanese?
Our Japanese fast food franchise has raised the bar in the industry. While many competitors are still offering mystery meats, wilted vegetables, and the guarantee of a stomach ache, Teriyaki Madness offers only the freshest, top-quality ingredients.
How long has Teriyaki Madness been around?
Teriyaki Madness was founded in 2003 and currently has franchise agreements for nearly 150 locations in the U.S. Teriyaki Madness offers franchising opportunities nationwide for their concept to qualified single and multi-unit candidates.
Where was Teriyaki Madness founded?
Teriyaki Madness first opened in the Phoenix metro area in March 2015, when it set up shop in nearby Mesa.
How did teriyaki madness start?
Teriyaki Madness: Teriyaki Madness was started by two brothers and their cousin. While living in Washington, the trio worked in the industry learning the ins and outs of the business and perfecting their recipes. In 2003 they moved to Las Vegas and opened their first Teriyaki Madness store.
Is Teriyaki Madness popular?
According to the Franchise Brokers Association (FBA), Teriyaki Madness is one of the hottest fast-casual restaurant franchises in the United States today. With 65 of TMAD's 150+ locations sold to date are open, TMAD is still considered a top emerging brand!
What is mad sauce at Teriyaki Madness?
Teriyaki Madness is giving customers a whole new way to keep warm this winter: Mad Sauce, a sneaky-spicy new flavor ready to bring the heat and take taste buds on a journey of spicy-sweet surprises. But this limited-time sensation is only available for a short window.
Is Teriyaki Madness popular?
According to the Franchise Brokers Association (FBA), Teriyaki Madness is one of the hottest fast-casual restaurant franchises in the United States today. With 65 of TMAD's 150+ locations sold to date are open, TMAD is still considered a top emerging brand!
Is teriyaki Chinese or Japanese?
Japaneseteriyaki, (Japanese: “glossy broil”) in Japanese cuisine, foods grilled with a highly flavoured glaze of soy sauce and sake or mirin (sweet wine). Garlic and fresh ginger are sometimes added to the mixture. In westernized Japanese cooking, the teriyaki sauce is frequently used as a marinade as well as a basting sauce.
Where did teriyaki originate from?
According to Kikkoman, world-wide producer of soy sauce and related condiments, the syrupy sweet teriyaki we know and love originated in Hawaii, when Japanese newcomers mixed local ingredients such as pineapple juice and brown sugar with soy sauce and used it as a marinade.
What is mad sauce at Teriyaki Madness?
Teriyaki Madness is giving customers a whole new way to keep warm this winter: Mad Sauce, a sneaky-spicy new flavor ready to bring the heat and take taste buds on a journey of spicy-sweet surprises. But this limited-time sensation is only available for a short window.
How much money do you need to buy a Teriyaki Madness franchise?
To buy a franchise with Teriyaki Madness, you'll need to have at least $200,000 in liquid capital and a required net worth of $400,000. Franchisees can expect to make a total investment of $327,000 - $679,900.
Which category is Teriyaki Madness?
Teriyaki is Leading The Category - Teriyaki Madness combines the two fastest growing segments in the category: Fast Casual and Asian. Time to strike while the wok is hot.
Who Are Our Ideal TMAD Owners?
Restaurant experience isn’t necessary to be a TMAD owner, but we but we have two ideal candidates considered to be successful:
Is teriyaki fast in Seattle?
There’s a reason Teriyaki Shops are found everywhere in Seattle; teriyaki is fast, delicious, and healthy. The founders love affair with teriyaki started in Seattle as students, then was brought home to Las Vegas in 2003 to see if it would work in a totally different market. With success across the country, we took TMAD to the next level. TMAD is spreading fast and now operates in 17 states and soon to be 50 open shops.
How long is a franchise agreement?
10 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
What is franchise investment?
Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
What does a Teriyaki Madness Franchise Cost?
Costs vary from market to market and are affected significantly by size, location, and regionally specific costs associated with the build-out, equipment, materials, and furniture. The franchise fee is $45,000 for a single unit. Discounts are offered for three-unit franchise fees to select candidates.
How much does it cost to franchise Teriyaki Madness?
Costs vary from market to market and are affected significantly by size, location, and regionally specific costs associated with the build-out, equipment, materials, and furniture. The franchise fee is $45,000 for a single unit. Discounts are offered for three-unit franchise fees to select candidates.
Who is leading the category in Teriyaki Madness?
Teryiaki is Leading the Category - Teriyaki Madness combines the two fastest growing segments in the category: Fast Casual and Asian. Time to strike while the wok is hot.
Is Teriyaki Madness profitable?
With amazing profitability reporting big numbers year after year, opening a Teriyaki Madness is a no brainer. Profitability is up to 21%*, making this franchise a fantastic choice for first-timer franchisees or a tremendous addition to an existing franchise portfolio.
Teriyaki Madness Profitability Claim May be Inflated
My background is varied. I spent 15 years working as a bank commercial lender.
Franchise Conference Call Was Disorganized & Weak
I was invited to join a conference call two weeks ago which, I was told, would include about a dozen other prospective franchisees. No one was on the call. I was later contacted and told that there were technical problems…. The call was rescheduled for last week. The call was simply prospective franchisees asking questions. There was no format.
What is teriyaki madness?
Teriyaki Madness is a fast-casual restaurant concept serving up quality, fresh, healthy, and flavorful Asian food in a high-vibe atmosphere. Through years of mastering marinating, grilling, and wok-ing, we were able to make bowls that are as hearty and delicious as they are healthy.
Is teriyaki healthy in Seattle?
Teriyaki Madness Brings Teriyaki to a Whole New Level with a Family-Friendly, Neighborhood Feel. There’s a reason Teriyaki Shops are found everywhere in Seattle ; teriyaki is fast, delicious, and healthy.
Section I – Background Information
1. In early June 2020, Teriyaki Madness announced that it was expanding its franchise opportunity to even more entrepreneurs through the launch of its new affiliate restaurant management company, Restaurant Sherpas.
Section II – Estimated Costs
Please click here for detailed estimates of Teriyaki Madness franchise costs, based on Item 7 of the company’s 2021 FDD.
Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees
Please click here for detailed information on Teriyaki Madness’ initial franchise fee, royalty fee, marketing fee, and other fees, based on Items 5 and 6 of the company’s 2021 FDD.
Section V – Financial Performance Representations (Item 19, 2021 FDD) and Analysis
The information in the Gross Sales table below contains Gross Sales information obtained from franchisees’ Profit and Loss Statements and is a historical financial performance representation for the United States franchised Teriyaki Shops that met the following criteria: (a) have been in operation for at least two years; (b) were larger than 1,350 square feet and smaller than 3,000 square feet (which match the footprint required of new Teriyaki Shops); (c) were in traditional locations; (d) that have had no change of ownership within the two-year period; and (e) are not for sale (“Conditions”)..
Company Details
Established: 2003 First Unit Franchised: 2005 Number of Franchisees: 110+ Number of Units Open: 100+ Units Awarded: 282 - 101 open, 181 sold not open Company Owned Units: 0 States Registered In: United States: All states excluding Washington. Sold-out territories: Las Vegas/Henderson, NV
Support and Training Offered By Teriyaki Madness
Financial Assistance Provided: Third party financing Site Selection Assistance: Yes Lease Negotiation Assistance: Yes Recruiting Assistance: Yes Co-Operative Advertising: Yes Training: Yes
Teriyaki Madness Franchise Reviews
An IFPG Consultant’s Candidate Brings A Teriyaki Madness Franchise to Hollywood!
Franchises Similar to Teriyaki Madness
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.