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.

Team TMAD, Author at Teriyaki Madness Franchise

Featured in the Denver Business Journal

by Team TMAD | Sep 1, 2016 | TMAD News

In February 2014, Teriyaki Madness moved their headquarters from Las Vegas to Denver where fast casual restaurants are booming. After a shaky start, Teriyaki Madness is now in growth mode, both locally and nationally! Current owner and CEO, Michael Haith, has a lot of...

America: Meet the Forkchop

by Team TMAD | Aug 15, 2016 | TMAD News

America, it seems, is suffering from chopsticks anxiety. It is called a chork, a hybrid utensil that is part fork, part chopsticks. It’s like the spork’s Asian cousin. Denver-based Teriyaki Madness has offered forkchops for years and was quick to jump on the viral...

FastCasual.com – Why Franchising Needs to Have a Little Soul

by Team TMAD | Aug 4, 2016 | TMAD News

Restaurant franchising is often an extension of the corporate company: everything has to be exactly the same, or the process won’t work. Some restaurants, however, believe just the opposite: every unit should be free to choose how it runs its operations. What is...

Adapting Your Business to a Changing Restaurant Industry

by Team TMAD | Jun 19, 2016 | TMAD News

There have been rippling changes through the restaurant industry in recent years, which include changing technology, social media, and rising costs. The changes are demanding restauranteurs to adapt quickly and make changes within their own business. At the Food &...

TMAD Brings Beloved Seattle-Style Takeout to North Texas

by Team TMAD | Jun 8, 2016 | TMAD News

There are families moving to North Texas every day, and if they come from the West Coast, a common complaint among them is the lack in the Metroplex of good West Coast style Asian takeout. Growing up in a region where an Americanized Chinese “Deli” is a...

Featured in the Denver Business Journal

America: Meet the Forkchop

FastCasual.com – Why Franchising Needs to Have a Little Soul

Adapting Your Business to a Changing Restaurant Industry

TMAD Brings Beloved Seattle-Style Takeout to North Texas

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