How much does a Teriyaki Madness franchise cost?

The total estimated restaurant franchise cost is between $392,667 and $1,121,405. This includes the initial franchise fee of $45,000, shop opening assistance fee of $27,500, leasehold improvements ($156,000–$605,000), furniture, fixtures and equipment ($54,000–$181,000), and other startup costs. A standard 3-unit franchise package is available at $99,000. Ongoing fees include a 6% royalty on net sales and a 4% marketing fund contribution.

What are the financial requirements to open a Teriyaki Madness franchise?

Prospective franchisees need a minimum net worth of $700,000 and at least $200,000 in liquid assets to qualify for a Teriyaki Madness franchise. The total estimated initial investment ranges from $392,667 to $1,121,405 depending on location and build-out specifications.

What is the Average Unit Volume (AUV) for a Teriyaki Madness franchise?

The Teriyaki Madness Average Unit Volume (AUV) is $1.11 million.

What are the ongoing fees for a Teriyaki Madness franchise?

Teriyaki Madness franchisees pay a royalty fee of 6% of net sales and a marketing fund contribution of 4% of net sales. These ongoing costs cover continued use of the TMAD name and trademark, access to the proprietary operating system, new product development, and ongoing operational and marketing support.

Do I need restaurant experience to own a Teriyaki Madness franchise?

No prior restaurant experience is required. Teriyaki Madness provides comprehensive training including a four-day initial training in Denver, a 10-day Hands-On Training (HOT) program at a corporate location, and 10 to 14 days of on-site training at your location around grand opening.

How long does it take to open a Teriyaki Madness franchise?

Teriyaki Madness aims to complete every location within 12 months from franchise award.

How many Teriyaki Madness locations are there?

Teriyaki Madness has 200+ open shops operating across 41 states and El Salvador, with over 40% of shops being owned by multi-unit franchise owners.

What size location does a Teriyaki Madness franchise need?

The ideal Teriyaki Madness franchise location is 1,500 to 1,800 square feet. The number of employees is dependent on sales volume, but on average it can take up to 15 to 22 full- and part-time employees to run multiple shifts throughout each week at a shop.

What is included in the Teriyaki Madness franchise investment?

The total investment of $392,667 to $1,121,405 includes: initial franchise fee ($45,000), shop opening assistance fee ($27,500), site survey ($3,000–$7,500), rent and deposits ($11,782–$41,160), leasehold improvements ($156,000–$605,000), furniture, fixtures and equipment ($54,000–$181,000), architect ($22,500–$43,000), initial inventory and supplies ($15,500–$18,800), insurance ($1,500–$5,000), business licenses and permits ($1,000–$10,860), professional fees ($2,500–$4,000), exterior signage ($6,500–$26,000), interior branding ($6,800–$10,000), technology and security systems ($12,600–$21,000), grand opening promotion ($10,000), training expenses ($1,200–$4,500), and additional funds for 3 months ($10,000–$40,000).

What support does Teriyaki Madness provide to franchisees?

Teriyaki Madness provides support including real estate site selection, design and construction assistance, initial and ongoing training programs, grand opening marketing, local marketing strategies, social media support, brand awareness campaigns, and continuous operational coaching from the home office.

CEO, Michael Haith weighed in on Inc. Magazine’s 8 Habits to Ditch to be Successful. Check out what he had to say:

Top CEOs Say These Are the 8 Habits You Need to Ditch If You Want to Be Successful

If you want the fame, big paychecks and respect, cut these mistakes from your repertoire.

None of us is going to win the I’m-Perfect Award any time soon. But we can at least try to prune away some of our faults. To give you a little direction, I asked leading CEOs what bad habits they think are the most critical to ditch.

8. Trying to blend in

“By definition, business owners and entrepreneurs are calculated risk takers. The habit of second-guessing oneself and playing it safe, [thinking] ‘If it is such a good idea, how come everyone else isn’t doing it?’, is a dangerous and frankly destructive habit that eats away at our confidence and self-esteem.

“Do some research, go with your gut. Don’t you dare make a decision by committee and let your freak flag fly!” ~Michael Haith, CEO of Teriyaki Madness

Habits are tough to break, but no habit is stronger than you are. Commit to change, make a plan and then go after what you want.

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The people have spoken, and they want Teriyaki. Asian and Fast Casual are the two fastest growing segments in the restaurant industry. Join the Japanese franchise revolution and give people what they want: HUGE BOWLS OF AWESOMENESS!

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CEO, Michael Haith weighed in on Inc. Magazine’s 8 Habits to Ditch to be Successful. Check out what he had to say:

Top CEOs Say These Are the 8 Habits You Need to Ditch If You Want to Be Successful

If you want the fame, big paychecks and respect, cut these mistakes from your repertoire.

8. Trying to blend in

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