Question 1

How much does a Teriyaki Madness franchise cost?

Accepted Answer

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.

Question 2

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

Accepted Answer

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.

Question 3

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

Accepted Answer

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

Question 4

What are the ongoing fees for a Teriyaki Madness franchise?

Accepted Answer

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.

Question 5

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

Accepted Answer

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.

Question 6

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

Accepted Answer

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

Question 7

How many Teriyaki Madness locations are there?

Accepted Answer

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.

Question 8

What size location does a Teriyaki Madness franchise need?

Accepted Answer

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.

Question 9

What is included in the Teriyaki Madness franchise investment?

Accepted Answer

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).

Question 10

What support does Teriyaki Madness provide to franchisees?

Accepted Answer

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.

Teriyaki Madness Wins 2024 Franchise Times Zor Award as Top Brand to Buy

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