It’s all about
the money!

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    Does Panda Express Franchise?

    Panda Express chooses to be a corporately owned business which makes the Panda Express franchise opportunity nonexistent. Panda Express is a corporation that consists of Panda Inn, and Hibachi-san, and Panda Express. The company has a goal to provide Asian dining experiences but because all stores are corporately owned, a panda franchise is not a possibility.

    TMAD vs. Panda Express Chart
    Japanese Franchise

    Average Unit Volume


    Our Average Unit Volumes (AUV) is $1,079,488*. Find out more about your earnings potential in our Franchise Disclosure Document (FDD), which includes the Item 19 that shows Income Statements from Teriyaki Madness franchisees. Item 19 can help you understand potential revenue, labor costs, COGS and profit margins.

    Initial Investment



    Teriyaki Madness’ initial investment range is $327,200 – $678,260*. With the average initial investment in the fast casual industry at $764,395*, becoming a TMAD franchisee is a no brainer.


    Up to


    There are more than 100 Teriyaki Madness shops open across the United States including two in Mexico! With strong support, numbers and scalability, TMAD is a fantastic addition to your franchise portfolio or a great choice for first-timer franchisees.

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    Franchise Owner, Jon Marsh, Talks TMAD

    Teriyaki makes people happy, especially franchise owners. TMAD is a community of franchise owners who are excited to be part of their neighborhoods and are proud of the business they built. Jon Marsh and his family are franchise owners in California. Hear what he has to say about the support he received when opening his Teriyaki Madness

    What happens now?

    Step 1

    Research TMAD and complete CQ (Confidential Questionnaire)

    Step 4

    Learn EVERYTHING about TMAD, validation with franchise owners, intro with TMAD corporate team

    Step 2

    Introductory Call

    Step 5

    Discovery Day and Executive Interview

    Step 3

    Receive FDD and Franchise Agreement

    Food Franchise

    Step 6

    Sign Franchise Agreement and welcome to TMAD!