TMAD Ranks on Entrepreneur Magazine’s Franchise 500 . . . Again!
There’s no stopping the Madness! TMAD has landed a spot on the 41st Annual Entrepreneur Magazine’s Franchise 500® List for the 4th consecutive year! We ranked in at #461 (last year we ranked in at #465) for our impressive growth, continuous support, and our financial strength!
According to Entrepreneur.com, “More than forty years after the very first Franchise 500 ranking, the franchise industry is still going strong and more competitive than ever. More than 1,100 companies applied for this year’s ranking, and those that rose to the top reveal the latest trends as well as the companies that continue to evolve to keep going strong year after year.”
For more than four decades, Entrepreneur has been studying the franchise industry to provide a comprehensive franchise ranking. Entrepreneur Magazine uses five key pillars in deciding the Franchise 500 winners; Costs & Fees, Size & Growth, Support, Brand Strength, and Financial Strength & Stability. Due to Teriyaki Madness’ wide spread growth in recent years, it’s no surprise that we are making our way up the ranks in the Franchise 500 list.
According to CEO, Michael Haith, “The recognition that we have one of the best margins in restaurant franchising has dramatically increased interest from franchise candidates, and the addition of 90 units to our community is not only gratifying, but also lays the groundwork for even more growth in our pursuit of becoming one of the next great international franchise brands with all of the benefits of brand awareness for the franchisees.”