“Fast casual restaurants are the fastest growing segment of all restaurants. Within that segment, Asian fusion and Asian flavors have taken off. They’re beating pizza, burgers, sandwiches… heads and tails above… We’re really at the right place at the right time.” – Michael Haith, CEO, Teriyaki Madness
Who is Teriyaki Madness?
Teriyaki Madness is a fast-casual Asian fusion restaurant and they are doing it right. Serving up Seattle-style teriyaki bowls, “big bowls of awesomeness” as they put it, Teriyaki Madness is a restaurant with soul.
They are a non-corporate franchise system with a unique community and food options that reflect diversity and uniqueness. Those food options are all natural, gluten free, and include sauces made from scratch, high-quality ingredients, and hand cut never frozen chicken.
Teriyaki Madness has been around for almost 15 years now. The current owner of the concept, Michael Haith, has grown multiple brands internationally and has the capacity and experience to offer franchisees everything they need to be successful.
The Teriyaki Madness Investment Details & Unique Territory Options
Teriyaki Madness has an initial investment range of $270,699 – $596,850. For those looking to keep the invest in that lower range, you could be looking at retrofitting locations – finding existing restaurants and using what is already there to create a unique Teriyaki Madness.
No two Teriyaki Madness stores look the same – each one is unique, just like you.
Another aspect that sets Teriyaki Madness apart is their approach to territories – or rather, their non-approach to territories. Teriyaki Madness does not sell counties or cities. Rather, they award agreements to franchisees allowing them to apply the tools and resources they have been given in the area where they would like to work.
This approach offers franchisees a wide open playground in which to find their ideal location. They do offer assistance with site selection and locations are approved by corporate. This system will likely change as Teriyaki Madness grows, so get in there now! Grab your ideal location and start earning.
Then in 2016, the company saw 6.49% growth. Not too shabby, Teriyaki Madness! Not too shabby.
Who is an Ideal Candidate For Teriyaki Madness?
Teriyaki Madness is a unique brand and they are looking for unique franchisees to come on board. Here are some of the things they’re thinking about in terms of ideal candidates:
Hospitality Minded – Each and every Teriyaki Madness location is built on a foundation of hospitality. As Michael Haith, the CEO for Teriyaki Madness, put it, “[Our franchisees have] a desire to provide a service to the community that not only grows individuals through employment but provides the community with an option to eat healthy, to eat well, to be fulfilled, to get quality and quantity when they rarely coincide, and to provide that service to the area in which you operate.”
Owner/operator or Experienced Manager – It is absolutely not necessary to have any restaurant experience. Teriyaki Madness offers strong support and training with a simple business model. They teach both skills to be a business owner and skills to be a restaurant operator. Many franchisees begin by working at their location, getting to know the store inside and out, before they identify a quality manager to take their place as their restaurant grows.
The Teriyaki Madness owner can also be absentee. This is best executed if the franchisee comes to the table with a manager ready to work in their shop from day one.
Minimum 100k Liquidity – Teriyaki Madness is in the position to work with a lot of different lenders in order to help you make your dreams of owning your own business come true.
Most franchisees come from a blue-collar background – These tend to be individuals that understand the value of sweat equity and understand that success is achieved through hard work. For example, a franchisee out of Las Vegas who was a former Blackjack Dealer joined Teriyaki Madness in 2006 and quickly grew to 3 units. He now runs his shops by relying on his manager and monitoring the POS system and video cameras. This individual has a blue collar background and applied his strong work ethic at each of his locations – working hard on site to get each restaurant up and running.
Teriyaki Madness has also enjoyed great partnerships with first responders and veterans, finding that these individuals understand that effort is directly related to output. Also first and second generation Americans have found success with Teriyaki Madness. These are individuals who often have an entrepreneurial background, perhaps experience with a family run business.
There are many other types of individuals who have realized their dream of owning their own business with Teriyaki Madness – including white collar corporate types with food exposure and multi-unit franchisees who have franchised other concepts and are looking to expand their empire.
Why Teriyaki Madness?
There are a lot of fast casual restaurants in the game today. It’s a popular and appealing concept – healthy food, big portions, on the go. But nobody is doing fast casual like Teriyaki Madness.
They’ve had great success – the economics are just outstanding. They sell amazing products. The food is the memorable and hard to achieve the combo of tasty and healthy.
Teriyaki Madness is a hot brand! They are giving the people what they want at a very high-quality level. Plus with the backing of an experienced support team, you really can’t go wrong with this franchise.