Details
Overview
TMAD, known as Teriyaki Madness, is a fast-casual restaurant franchise specializing in Japanese-style teriyaki bowls. It has garnered attention for its customizable menu offerings and a focus on fresh ingredients. The franchise model is designed to appeal to health-conscious consumers seeking quick, nutritious meals.
History
Founded in 2003, Teriyaki Madness has grown steadily over the years. The brand began franchising in 2005 and has since expanded across the United States, with international locations also in development. Its growth is fueled by the increasing demand for healthy, fast-casual dining options, positioning TMAD as a leader in this niche.
Investment Breakdown
The initial investment for a TMAD franchise ranges from $350,500 to $976,860, depending on the location, size, and market conditions. This includes the franchise fee, which is $45,000. Additional costs may include leasehold improvements, equipment, initial inventory, and working capital. Franchisees are also subject to ongoing royalty fees, which are a percentage of gross revenue, as well as marketing fees.
Industry Snapshot
The fast-casual dining sector is a rapidly growing segment of the restaurant industry, driven by consumers' desire for convenience without compromising on food quality. TMAD's focus on customizable, healthy options aligns well with industry trends. The sector is competitive, with many players vying for market share, but TMAD's unique niche in the teriyaki space gives it a distinct advantage.
Brand Information
| Cost | $45,000 |
| Investment | $350,500 - $976,860 |
| Royalty Fee | 6% |
| Brand Fund Fee | 3% |
| Founded | 2003 |
| Franchising Since | 2005 |
| Locations | 130 |
