Teriyaki Madness Surging to the Top of Fastest Growing Food Segment
Seattle-style teriyaki franchise to open 50th location this summer, continues to reel in national awards through Q1, Q2
DENVER - July 24, 2017 // PRNewswire // - Fueled by the national demand for healthy food within the growing Asian fast casual food segment, Teriyaki Madness has solidified itself as an industry leader, opening teriyaki shops nationwide and building a strong infrastructure by recruiting high-level, seasoned restaurant executives to the system.
Throughout the first two quarters of 2017, Teriyaki Madness has answered the call for delicious food with quality ingredients at an affordable price by opening 14 new locations and breaking into new cities and states throughout the country, including Northern California, Metro Atlanta, Montana, New York, South Carolina and Miami.
With 58 percent systemwide growth year-to-date, the company recently announced it is on track to open its 50th teriyaki shop by the end of the summer and will have almost 60 shops up and running by the end of 2017.
"Our mindset is to serve big bowls of incredible, bold, flavorful food in communities all over the country, and the shop sales numbers certainly speak for themselves," said Teriyaki Madness CEO Michael Haith. "We are growing strategically and aggressively right to plan. It is clear that there is a national demand for our concept and we will continue to cater to those seeking customizable fast casual options that provide delicious, healthy food at a great price."
Teriyaki Madness currently has franchise agreements signed for more than 150 teriyaki shops and has its eyes set on 500 shops opened worldwide in the next seven years.
In addition, the national restaurant scene is taking notice of the company's growth. The franchise has garnered prestigious awards in the first half of 2017, including a No. 3 ranking in the Asian Food Franchise category, according to Entrepreneur Magazine (on top of its ranking on the publication's Franchise 500® list) and a No. 2 ranking on the Denver Business Journal's Fastest Growing Small Business Awards list. The company was also listed on both the Emerging Brands and Fastest Growing Franchises lists according to Franchise Gator, and Haith was named Franchise Times 2017 Dealmaker of the Year prior to being named a finalist for the Entrepreneur of the Year Award in the Mountain Desert Region.
With the recent upward expansion trend and movement on national awards lists, Teriyaki Madness has also bolstered its front office, bringing in Brooks Speirs, who brings 17 years of franchise development experience with multiple high growth brands (most recently Moe's Southwest Grill) to serve as the company's new Vice President of Franchise Development.
"To ensure sustained growth for the business, it is important to make sure that we have the right people within our system to support our current and future franchisees," Haith said. "The success of a company is not determined by one person, but rather by a collective effort of exceptional people, systems and processes both at the local shop level and at our home office."
Teriyaki Madness serves big bowls of bold, flavorful food made-to-order with fresh, quality ingredients. Dishes use all-natural meats that are marinated and grilled and wok finished with noodles or rice and fresh steamed vegetables, served with a variety of made-in-house sauces. Founded in 2003 in Las Vegas, Teriyaki Madness is famous for Seattle-style teriyaki, bowls of flavorful food and "chorks" - a chopsticks and fork utensil. The company is now headquartered in Denver and is making its mark both locally and around the country in 15 states.
Teriyaki Madness operates with a "sincere-franchise" model that avoids the 'cookie-cutter mentality' and allows for its franchisees to customize their shops to better suit communities and personalities.
About Teriyaki Madness
Teriyaki Madness, a fast-casual teriyaki shop concept, is committed to unconditionally satisfying guests by offering delicious, made-to-order Teriyaki dishes prepared with all natural, fresh ingredients that are served quickly, at a reasonable price in a fun and relaxed atmosphere. The brand is dedicated to "Spreading the Madness" so everyone can experience the best teriyaki on earth. The "Fresh, Fulfilling, and Fits your Life" concept was recently recognized by Entrepreneur Magazine as a Franchise 500 company and by Franchise Business Review for their Top 50 Franchise Satisfaction award for 2015 and 2016. Teriyaki Madness was founded in 2003 and currently has franchise agreements for nearly 150 shops in the U.S.. Teriyaki Madness offers franchising opportunities nationwide for their concept to qualified single and multi-unit candidates. For more information, visit www.franchise.teriyakimadness.com or email email@example.com.
Fishman Public Relations
SOURCE Teriyaki Madness