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Teriyaki Madness Closed Out 2021 With 100 New Franchise Locations Sold Among 31 New Franchisees

By: Teriyaki Madness |  0 Shares     162 Reads

The Seattle-style teriyaki concept also saw 23 new shops open and a 33% same-shop-sales increase from 2019 to 2021.

DENVER (PRWEB) January 26, 2022 - So long 2021, can’t say we’ll miss ya! Still, Teriyaki Madness, can’t say it had a bad year. The Seattle-style teriyaki shop franchise wrapped up 2021 with 100 new units sold among 31 new franchisees as it continued to provide its signature teriyaki bowls to a loyal and growing fanbase.

And it’s not just the franchise’s development efforts that saw growth. Teriyaki Madness’s system-wide sales spiked 39.5% year-over-year from 2019 to 2020.

“2021 was an excellent year for our franchisees, including many new ones,” said Teriyaki Madness CEO Michael Haith. “We are really firing on all cylinders in terms of sensational revenue, sales and franchise development.”

In addition to welcoming new franchise partners, Teriyaki Madness saw five existing franchisees upgrade and add additional units, resulting in a total of 12 additional units. The brand also celebrated successful Canadian expansion with multiple locations opened in 2021.

Teriyaki Madness grew so fast that its Restaurant Sherpas management program officially sold out. With 55 new Restaurant Sherpa shops in the pipeline, Teriyaki Madness is pausing new applications for its Absolute Absentee™ ownership option so that the team can focus on supporting current franchisees. Teriyaki Madness is still offering its TMAD Turnkey Program, which offers extended in-shop training of staff and management, collaborative help to hire a General Manager and Assistant General Manager, help building the relationship between franchisees and managers, facilitating of the reporting structure between management and ownership, plus monthly visits from TMAD Business Coaches.

The brand’s growth did not go unnoticed. Teriyaki Madness was rated the No. 1 fastest growing restaurant by Restaurant Business, No. 13 on Fast Casual’s list of the Top 100 Movers & Shakers, No. 4 on QSR Magazine’s Best Franchise Deals, and received 14 other prestigious accolades in 2021.

Teriyaki Madness already has 41 new shops in the opening process for 2022. But when it comes to their overall growth strategy, Haith says the Teriyaki Madness approach is anything but mad.

SOURCE Teriyaki Madness

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