Teriyaki Madness has landed itself a spot on the 39th annual Entreprenuer magazine Franchise 500® list for the second consecutive year. Ranking at No. 490, Entrepreneur praised TMAD for its exceptional performance in many key areas.
Keep reading below, or check out the full article on Franchising.com!
Following a year of strong national growth in 2017, Teriyaki Madness landed a spot on the 39th annual Entrepreneur magazine Franchise 500® list, for its second consecutive year. The thriving fast casual restaurant known for its Seattle-style teriyaki, big bowls of flavorful food and famous “chorks” is ranked No. 490 overall.
Entrepreneur ranked Teriyaki Madness on its list for exceptional performance across a number of key areas, including financial strength and stability, size, growth rate and brand strength. Currently operating in 16 states, Teriyaki Madness will be opening in five additional states in 2018.
“We spend months gathering and crunching data in order to produce the Franchise 500® ranking. We’re proud of the result and the way it continues to be a resource for the franchise community,” says Jason Feifer, Editor in Chief of Entrepreneur. “Like every industry, franchising is ever-evolving and must smartly react to new technologies and consumer demands. We know it takes a lot to stay competitive, and are excited to celebrate those that do it best.”
Franchising since 2005, Teriyaki Madness has a restaurant model with industry-leading, proven franchisee profitability and plans to open more than 100 locations across the United States in the next five years, including store deals in the Dallas-Fort Worth, Los Angeles and Miami areas. Each shop is individually owned and operated by people with diverse sets of backgrounds that turn their operations into successful establishments.
“We have our dedicated team to thank for our growth over the past year. Their tenacity and drive to succeed is incredible, and the recognition we’re receiving from Entrepreneur is a direct result of their hard work,” said Michael Haith, CEO of Teriyaki Madness. “We’re honored and thrilled to be recognized for the second consecutive year as a top franchise in America alongside such esteemed companies.”
With 45 percent of households consuming food with teriyaki at least once per month, Teriyaki Madness is becoming a leader in the Asian fast casual segment.
