Since 1999, the number of Asian fast-food outlets has increased by roughly 500%*. This indicates that it has experienced the fastest growth of any fast food category in the nation. Asian cuisine has exceeded all others in just 15 years and continues to reign supreme in terms of quality, fidelity, and growth. Among all these Asian restaurants Teriyaki Madness franchise is one of them that has shown 32% growth since 2019.
What is Teriyaki Madness?
Teriyaki Madness is a fast-casual restaurant concept that offers delicious Asian food that is fresh, healthful, and savory. Teriyaki refers to the flavor and method of cooking, while madness alludes to the mental condition that their clients reach when they simply can’t get enough!
Is Teriyaki Madness Franchise Opportunity?
They offer you to be your own boss of the franchise. They offer to collaborate with them to expand their restaurant and individual growth. An advantage of taking the opportunities offered by them is that you get to take decisions for yourself for the franchise that you own.
|Teriyaki Madness Franchise Information|
|Sub Category||Asian Food|
|Company Name||M H Franchise INC|
|Founder/Management Head||Michael Haith, CEO|
|Employees at Company H.O||70|
|Franchise Expansion Plan||They are looking after opening new franchises in US states.|
|Number of Units||5|
|Number of Franchise Units||112|
|Social Media Handles|
|Company Office location||950 S. Cherry St., #850Denver, CO 80246|
Teriyaki Madness Franchise Requirements
Every Franchisor has some expectations from their franchisees. Similarly, there are specific requirements that the Teriyaki Madness franchises wants to have in their franchise owner.
- The franchisee should love food, more specifically, Asian Food.
- The franchisee should have exposure in the restaurant sector and service-providing sector
- The franchisee should possess strong leadership qualities and should be willing to learn.
- The franchisee should have a strong desire to learn and help the franchise grow to expand more in the upcoming years.
- An ideal Teriyaki Madness franchises candidate should follow all the operational flows and guidelines.
How much does a Teriyaki Madness franchise cost
Teriyaki Madness Franchises Cost is the current franchise cost $346,400 – $768,760
|Teriyaki Madness Franchise Initial and On-going Franchise Cost|
|Teriyaki Madness Franchise Fee||$45,000|
|Teriyaki Madness Franchise Cost||$346,400 – $768,760|
|Term of Agreement||10 years|
|Is the franchise term renewable?||Yes|
Is the Teriyaki Madness franchise worth the investment?
The starting investment range for Teriyaki Madness is $346,400 to $768,760. If you decide to join this franchise, you will definitely not regret it and would think it is actually worth it.
Teriyaki Madness Franchise Training
Teriyaki Madness franchises believes that even if you have the ability to own the company or if you are the owner of any of the Teriyaki Madness franchises you get the chance to operate it on your own, but you are not left all alone by the team.
They offer easy-to-use tools and initiatives that will strengthen the franchisees neighborhood’s sense of community. They provide help with brand awareness and marketing as well.
Teriyaki Madness Franchise Operations
Teriyaki Madness does not allow its employees to work from home. They do not let the owner of the franchise operate the store in their absence. Said that this can neither be run on a part-time basis if the owner of the franchise decides to do so.
It is strictly prohibited to buy this franchise as a part-time earning opportunity. They expect at least 15-20 employees to be available for the store to run and operate on a regular basis with proper surveillance.
How is Teriyaki Madness Franchise Territory Granted
Yes, Teriyaki Madness does grant territory to their franchises owners.
Does Teriyaki Madness Franchise provide Financial Assistance?
Teriyaki Madness franchises offers financing from a Third Party. Teriyaki Madness has connections with outside sources that provide finance for the following expenses: startup charges, franchises fees, equipment costs, inventory costs, accounts, receivable costs, and payroll.
Pros & Cons of owning Teriyaki Madness Franchise
- Growth- Most of their franchise owners have multiple shops. There are over 150+ shops in the US.
- Popular- Due to the food quality it has now become one of the most popular restaurants.
- They do not expect you to have any restaurant-related knowledge, as soon as you own the franchising, they will assure to help you through training and support.
- Simple- The ambiance and their system are very simple to operate and are a very profitable business.
- Company Name- Their company name is not that appealing. Any company name should be generally very attractive so that customers should feel like visiting it more often. The name of the business defines how well-established or growing a business is. Here, in this case, it is not that attractive as much.
- Fewer Employees at the Headquarters. This leads to more labor work for an individual. Instead, they could higher more people for work to maintain the workflow and efficiency.
- Teriyaki Madness company reported a loss of $104,000 in 2021, this is not a good sign for established franchisor.
How much do Teriyaki Madness franchise owners make?
Teriyaki Madness franchises owners make 25 to 50% of the average annual revenue as a gross profit margin. According to the latest fdd, the teriyaki madness franchises owners make more than $ 1 million in revenues.
What is the Teriyaki Madness franchise profit?
Teriyaki Madness franchise’s profit margin is nearly 15% of its annual gross sales. The Average Unit Volume(AUV) is $1.16 Million.
Considering the AUV, let us estimate the franchises profit of Teriyaki Madness.
|AUV||Estimated Annual Profit (12.5%)||Estimated Annual Profit (15%)||Estimated Annual Profit (18%)|
|$ 1,160,000||$145,000||$ 174,000||$ 208,800|
|Recoup $557,580||3.8 years||3.2 years||2.6 years|
As per this AUV, Teriyaki Madness is a great opportunity which can recoup the investment within 3 years. You should consider the operational break-even period of 6 to 18 months. Considering that you can recoup your investment within 4 to 6 years.
Teriyaki Madness Franchise Rankings
Teriyaki Madness franchises ranked #252in the Franchise 500 Ranking in 2022
What are Teriyaki Madness Franchise Owners Reviews
Teriyaki Madness Franchises Owners Reviews are always a great way to get a feel for what customers think of the restaurant.
You should meet the franchise owners and find the franchise profit and revenues to see how good the AUV of $1.15 million is true.
Franchise Deck Analysis and Overview
Teriyaki Madness is a great initiative to look up for franchising. Not only after looking at the profit margin and the salary, but they also make sure that their franchisees are looked after very well. The business has grown during the past three years.
Franchises have been opening at a rate of 19 units each year for the past three years. This suggests that these stores might be doing well. The company increased by over two times, going from 44 locations in 2019 to 101 in 2021. Therefore, we recommend if you are highly interested in franchising with Teriyaki Madness, this is your chance to show up how you feel about food.
You should consider this opportunity given by them for self-learning and growth in the franchise and on a personal level as well.
Is the Teriyaki Madness Franchise Profit Worth the Franchise Cost?
At Teriyaki Madness’s 34 franchise locations, an average of a 15% profit margin has been recorded by them. With this data, it will take around 5 years to recoup your investment. The profit is worth the franchise cost as it will keep on expanding later in the upcoming years.
|Competition Analysis of Teriyaki Madness Franchise|
|Franchise Brand||Cost to Franchise||Franchisee Fees||Royalty + Ad fees||Expected Profit||Recoup of Capital||FD Rating|
|Teriyaki Madness Franchise||$346,400 – $768,760||$45,000||Royalty Fee: 6%Ad Royalty Fee: 3%||15%||5 years.||3.9/5.0|
|El Pollo Loco franchise||$505,000 to $1.1 million||$40,000||Royalty Fee: 5%Ad Fee: 5%||20%- $405,416||5.5 years||3.8/5.0|
|Five Guys franchise||$306,200 – $716,250||$50,000 – $125,000||Advertising Fee: 2%Royalty Fee: 6%||20% $272,688||Not disclosed in FDD||3.0/5.0|
|Jersey Mike’s franchise||$169,001 to $804,045||$18,500||Royalty Fee 6.5%|
Ad Fee: 5%
|average of a 15% profit margin||5 Years||3.5/5.0|
|Checkers franchise||$165,000- $1,235,400||$30,000||Royalty Fees: 4% Ad fee: 4.5%.||$84,000 – $110,000 annually||Not disclosed in FDD||3.5/5.0|
The Franchise Deck rating for the Teriyaki Madness franchises is 3.9/5.0.
Teriyaki Madness franchises is a great opportunity for you to work with. As mentioned earlier, they provide you with support and training after buying the franchise and help you through the process. It is a very highly profitable franchise as it is an American Chinese food-serving restaurant that has been ranked in one of the top lists.
I recommend you consider this franchising opportunity, but in retrospect with existing franchise owners or resellers on revenues and profits. This is the right chance for you to think, you would not want to regret it later.
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Frequently Asked Questions (FAQs)
- Is the Teriyaki Madness franchise profitable?
Yes, Teriyaki Madness Franchises is profitable.
- Can you make money owning a Teriyaki Madness?
Yes, you can make money owning Teriyaki Madness.
- Is Teriyaki Madness a franchise?
Yes, Teriyaki Madness is a franchise.
- How do Teriyaki Madness franchises make money?
Teriyaki Madness franchises makes money by selling good quality food, especially Asian food to their customers.