Teriyaki Madness Ranked in Entrepreneur's Franchise 500® List for Second Consecutive Year
Seattle-Style Teriyaki Fast Casual Restaurant Ranks in Annual List of Top Franchises
DENVER - Feb. 5, 2018 // PRNewswire // - Following a year of strong national growth in 2017, Teriyaki Madness landed a spot on the 39th annual Entrepreneur magazine Franchise 500® list, for its second consecutive year. The thriving fast casual restaurant known for its Seattle-style teriyaki, big bowls of flavorful food and famous "chorks" is ranked No. 490 overall.
Entrepreneur ranked Teriyaki Madness on its list for exceptional performance across a number of key areas, including financial strength and stability, size, growth rate and brand strength. Currently operating in 16 states, Teriyaki Madness will be opening in five additional states in 2018.
"We spend months gathering and crunching data in order to produce the Franchise 500® ranking. We're proud of the result and the way it continues to be a resource for the franchise community," says Jason Feifer, Editor in Chief of Entrepreneur. "Like every industry, franchising is ever-evolving and must smartly react to new technologies and consumer demands. We know it takes a lot to stay competitive, and are excited to celebrate those that do it best."
Franchising since 2005, Teriyaki Madness has a restaurant model with industry-leading, proven franchisee profitability and plans to open more than 100 locations across the United States in the next five years, including store deals in the Dallas-Fort Worth, Los Angeles and Miami areas. Each shop is individually owned and operated by people with diverse sets of backgrounds that turn their operations into successful establishments. Teriyaki Madness includes an Item 19, which shows every Profit & Loss statement for each of the Teriyaki shops open 2+ years. Additionally, each location has the opportunity for outsized profits on an average unit volume of $1,096,047*.
"We have our dedicated team to thank for our growth over the past year. Their tenacity and drive to succeed is incredible, and the recognition we're receiving from Entrepreneur is a direct result of their hard work," said Michael Haith, CEO of Teriyaki Madness. "We're honored and thrilled to be recognized for the second consecutive year as a top franchise in America alongside such esteemed companies."
With 45 percent of households consuming food with teriyaki at least once per month, Teriyaki Madness is becoming a leader in the Asian fast casual segment. They offer the choice of a bowl or plate, that can be customized to be low-carb and gluten-free. At an average price per bowl around $8, customers get big bowls of bold, flavorful food that are made to order with all-natural meat and fresh, never frozen ingredients. Customers have their choice of teriyaki chicken, steak or tofu and add yakisoba noodles, brown, white or fried rice and fresh-cut or steamed vegetables with a variety of made-in-house sauces.
*Refer to the 2017 Franchise Disclosure Document
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. Teriyaki Madness was recently recognized by Entrepreneur Magazine as a Franchise 500 company and by Franchise Business Review for their Top 50 Franchise Satisfaction award two years in a row. The brand also ranked on the top half of the Inc. 5000 list in 2017 with three-year sales growth of 171 percent. Teriyaki Madness was founded in 2003 and currently has franchise agreements for nearly 150 shops in the United States. 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.
About Entrepreneur Media Inc.
For nearly 40 years, Entrepreneur Media Inc. has been serving the entrepreneurial community providing comprehensive coverage of business and personal success through original content and events. Entrepreneur magazine, Entrepreneur.com, and publishing imprint Entrepreneur Press provide solutions, information, inspiration and education read by millions of entrepreneurs and small business owners worldwide. To learn more, visit www.entrepreneur.com.
Fishman Public Relations
SOURCE Teriyaki Madness