Teriyaki Madness franchisees, Chetan and Darshak Patel, are opening their first Teriyaki franchise in Sioux Falls, South Dakota! Chetan and Darshak originally joined TMAD because of the caring nature towards franchisees, the close support and training, and that it’s different than the average burgers, pizzas, and subs. Our franchisees are addicted to the MADNESS!
Don’t believe us? Watch what Chetan and Darshak have to say!
Reasons to Join the Madness:
Here’s why now is the time for you to own your own business:
the profitability (earning potential 23%)*
the yearly sales (average is $1,038,975!)*
the business model (simple and scalable)
the food (as hearty and delicious as it is healthy) the real estate (small footprint, think strip malls)
*Refer to 2018 Franchise Disclosure Document (FDD)
TMAD CEO, Michael Haith, was featured in the Denver Business Journal talking about our massive growth! The article covers our expansion to Hawaii, Mexico and signed Asian food franchise deals that represent as many as 150 future locations! Read the full article below or visit Denver Business Journal (must have a DBJ subscription to read the full article).
Teriyaki Madness Signs Deals that Could Triple the Size of the Chain
Teriyaki Madness, the Denver-based fast-casual Asian food franchise, has put franchise agreements into place this year that would allow it to triple its total footprint — and it even plans to open new stores in its long-neglected hometown.
Since the start of 2018, the 45-store restaurant has signed deals that will expand it internationally into Mexico, grow it significantly in Hawaii and increase its presence in target markets such as Dallas, Los Angeles and Miami. The agreements represent as many as 150 future locations, some of which will be opening as soon as next year, CEO Michael Haith said.
The surge of interest coincides with the shift in consumer trends to wanting healthier foods and to seeking menus that allow more customization, even in quick-service restaurants, said Haith, who purchased the company three years ago. Many of the new agreements, including the deal to expand into Mexico, came from businesspeople who sought out the chain, he said.
“It’s really about where the puck is going to be,” Haith said in an interview. “We just check off so many boxes for consumers.” Opened in 2003, Teriyaki Madness moved its headquarters to Denver in 2014, joining a host of other fast-casual restaurants — from Noodles & Co. to Smashburger to Tokyo Joe’s — that call the metro area home. But unlike those chains, its presence here is very muted, with just one location open in Greenwood Village.
Haith said he plans to open one or two company-operated restaurants in the Denver next year in order to understand the business model even further and get a closer-up view of customer reaction to the asian food franchises offerings. But the big push for growth will remain in other areas.
In May, for example, the company inked a franchise deal with Star San Luis, which currently franchises Carl’s Jr. restaurants in Mexico, to open as many as 100 locations in America’s neighbor to the south over the next 10 years. The first one is set to open in the city of San Luis Potosi in 2019, and Haith said there are several advantages to growing internationally with a franchisee who knows that market.
“They convinced us the business model would work in Mexico,” he said. “Between the reduced cost of labor and the reduced cost of food and us being able to maintain the quality, we don’t see a downside.”
Haith also signed a deal in October for a franchisee to open Teriyaki Madness locations throughout the state of Hawaii, where Asian food is particularly popular. And over the past 11 months, the company nailed down franchise deals to open multiple locations over the next five years in the Dallas, Los Angeles and Miami areas.
All this comes as the chain, which was ranked 37th on Fast Casual magazine’s Top 100 Movers & Shakers list in May, is in the early stages of rolling out its new app that makes digital ordering much easier. Haith noted that between pick-up orders and contracts with third-party delivery companies, between 70 and 80 percent of orders are consumed now outside of the restaurants — up from 50 percent just three years ago.
Moving forward, he said the company will continue to look for new markets, although it’s not searching actively for international opportunities. The move toward off-premises consumption also will allow franchisees and corporate officials to look for smaller or less high-profile locations for the stores, he said.
*Article taken directly from Denver Business Journal
Teriyaki Madness has been recognized once again as a top teriyaki franchise in Entrepreneur’s Top 10 Franchise Categories for 2019! Teriyaki Madness not only made the list but we were #1 in terms of growth in our category! Ranking in under the Asian Food Category, Teriyaki Madness was featured for our 213% growth, support and initial investment! Read the full story below!
Teriyaki Franchise Makes Top 10 Franchise Categories for 2019
Officials at the company have stated, “Every December, we at Entrepreneur like to make our predictions for what will be the hottest franchise categories in the year ahead. How do we decide? For one thing, we consider the data that we’ve collected over the past year. We look at the types of businesses that are just beginning to franchise in large numbers, like poke restaurants and DIY studios.”
“We also take note of existing franchises that are experiencing a lot of growth even in more established industries, like childcare and fitness. And, to be honest, we also rely a bit on our gut. After 40-plus years of covering the franchise industry, we think we’ve developed a pretty good sense of how to tell what’s trending.”
“So whether you’re interested in getting in on the ground floor of the next big thing or investing in a franchise industry that’s already proven itself and looks to continue going strong, consider this list of the hottest franchise categories for 2019.”
“As you read through it, keep in mind that it is not intended as an endorsement of any particular company. No matter what franchise you’re considering, trending or not, it’s vital that you do your homework before you invest. Read the franchise disclosure document, consult with an attorney and an accountant, and talk to as many existing and former franchisees as you can to find out if the opportunity is right for you.”
Our Franchisee’s love to give back to their communities! Teriyaki Madness Franchisee, Aaron Weissman, was featured in Fox Montanafor donating a portion of his Japanese Franchise sales every Monday! Read the full story below!
Local business pushes non-profit organizations forward
GREAT FALLS- Every Monday, a local business in Great Falls is dedicating part of its sales to giving back to our community in their own unique way.
At Teriyaki Madness, each Monday 20 percent of orders purchased get donated to a different local nonprofit organization in town. In order to make sure you’re supporting these groups, customers can walk in and mention the organization or can show one of these flyers.
“We’re so blessed to be in a wonderful community like Great Falls, and I’m thrilled that here at Teriyaki Madness we can support those organizations with our Monday fundraisers,” said Aaron Weissman the owner of the Teriyaki Madness on 1710 10th Ave S.
Tomorrow they’ll be supporting the YWCA. A few other upcoming organizations include the Great Falls High School Speech & Debate Team and Habitat For Humanity. If your organization wants to sign up, Teriyaki Madness said all you have to do is give them a call.
Teriyaki Madness was featured in QSR for our expansion to Hawaii! Franchisee, Ohmar Villavicencio will bring his first teriyaki franchise opportunity to Kapolei, Hawaii and open many other locations throughout the islands! Read the full story, below!
Teriyaki Madness Plans Hawaii Expansion
Teriyaki Madness is taking a deep dive into the Pacific Ocean. The franchising rights to develop the entire state of Hawaii are now under the ownership of entrepreneur Ohmar Villavicencio, as the island expansion becomes the first venture of its kind for the rapidly-growing, fresh-Asian fast casual.
The teriyaki franchise opportunity growth efforts will begin on Oahu in Kapolei, and Villavicencio will go on to open TMADs throughout the Islands.
An ideal franchisee, Villavicencio comes to TMAD as both a fan of the brand and a successful entrepreneur. For the last 15 years, he and his wife Lizzel Villavicencio owned an international project management company with a client list featuring high-profile brands like PetSmart, Amazon and Kroger.
His family split time between Hawaii and Las Vegas and it was in Las Vegas where Villavicencio became a regular customer at TMAD.
“When I’m in Las Vegas, I eat Teriyaki Madness weekly – it’s healthy, delicious, and filling every time. I am eager to introduce the Spicy Chicken Bowl to the Islands,” says Villavicencio.
“More than falling in love with the food, Teriyaki Madness is the best business for my family because of the way CEO Michael Haith has built the brand. He and the experienced team have thought of everything, and I am confident that they have perfected the art of running a Teriyaki Madness. That TMAD trusted Lizzel and I as the only franchisees for all of Hawaii was just icing on the cake.”
Villavicencio goes on,”All of Hawaii’s TMADs will truly be a family business. Ohmar and Lizzel are both fully committed to working in the locations, and as each of their three kids gets old enough, they too will work at the different TMAD locations. With a second home in Kapolei, the Villavicencio clan will plant permanent roots on the island.
“Family is the most important thing to me, and I want this to be a family business for a lifetime,” said Villavicencio.
About Our Expansion
“We are thrilled to be expanding into Hawaii, and Ohmar is the perfect partner for our brand,” says Teriyaki Madness CEO Michael Haith. “He has an impressive resume, and he’ll be a valuable asset in helping us grow and develop throughout the state. Our excitement for this expansion has corporate employees fighting over who gets to go to Hawaii to train the franchisee! It’s a great time for our brand.”