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.

Jersey Mike's Franchise vs. Teriyaki Madness Franchise: How They Compare

Is Jersey Mike’s a Franchise?

Yes, Jersey Mike’s is a franchise. The brand originated as Mike’s Subs in 1956 and was purchased by 17-year-old Peter Cancro in 1975. After steady expansion, Jersey Mike’s began franchising in 1987. Since then, it has grown into one of the best-known names in fast-casual sandwiches. Jersey Mike’s prides itself on offering a simple menu and giving back to the communities it serves.

Jersey Mike’s franchise training program includes at least 481 hours of combined classroom and hands-on training — including eight consecutive weeks of on-the-job training — before franchisees are able to open their own stores. This may be both an appealing feature and a drawback, depending on the franchise owner.

Jersey Mike’s has more than 3,000 franchise locations throughout the United States and Canada, with plans to open 400 stores in the U.K. and Ireland. The initial franchise fee to open a location is $20,000, with total investment costs ranging from $436,176 – $1,162,228. As with any franchise, the cost range depends on a multitude of factors, including location, construction and design, permits, insurance, opening inventory, and more.

Sandwich Franchise Pros & Cons

Sandwich restaurants are one of the most established concepts in franchising, but there are some pros and cons to consider:

Pros:
• Broad customer familiarity.
• Lower complexity than some other restaurant concepts, as deep fryers aren’t needed as often (compared to burger restaurants, for example).
• Strong lunch daypart and catering potential.

Cons:
• High concept saturation. In fast-casual restaurants, burgers and sandwiches hold 34.2% market share, the largest percentage in the category.
• Heavy lunch concentration can leave dinner and weekends underused.

How Teriyaki Madness Compares to Jersey Mike’s

Teriyaki Madness (TMAD) isn’t a sandwich franchise, but it isn’t just an Asian fast-food franchise either. TMAD is one of the largest branded Asian food franchise concepts in the country, offering customers awesomeness in a bowl while providing franchisees with the opportunity to break into three popular segments: Asian, chicken, and fast casual.

A teriyaki franchise that shares values with Jersey Mike’s, TMAD focuses on fresh and quality ingredients prepared by hand, and because of that, customers know they will get a delicious, one-of-a-kind meal every time they visit. TMAD takes pride in being the preeminent Seattle-style Japanese bowl franchise that puts its customers and franchisees first while having a lot of fun in the process.

The initial franchise fee to own a TMAD location is $45,000, with total initial costs ranging from $392,667 – $1,121,405* and a royalty rate of 6%. Additionally, Teriyaki Madness requires fewer hours of training than Jersey Mike’s, but that doesn’t mean franchisees are less prepared. During training, or what we call the education phase, franchisees receive dedicated, 24/7 support to help with every step of the process, from real estate selection to grand opening to advertising and more.

Jersey Mike’s

Teriyaki Madness

Initial Franchise Fee

$20,000

$45,000

Total Investment Range

$436,176 – $1,162,228

$392,967 – $1,122,005*

Royalty Rate

6.5%

6%*

Required Training Hours

481

295.75*

What’s more, Asian-inspired restaurants are growing in popularity in a fast-casual segment that isn’t oversaturated. Globally, they hold 14.6% market share compared to 34.2% for burgers and sandwiches — making TMAD more likely to stand out. TMAD has expanded to more than 225+ locations since we began franchising in 2005, and we have no plans to slow down.

Jersey Mike’s Franchise vs. Teriyaki Madness Franchise: How They Compare

Is Jersey Mike’s a Franchise?

Sandwich Franchise Pros & Cons

How Teriyaki Madness Compares to Jersey Mike’s

Start Woking the Wok with Teriyaki Madness

TMAD Climbs the Franchise Times Top 400 List Again!

What Does QSR Mean? A Guide to Quick Service Restaurants

Franchise Empire Builders: How Teriyaki Madness Owners are Scaling Big

For more information about a Teriyaki Madness Franchise, contact: