Teriyaki Madness Franchise FDD, Profits & Costs (2025)
Teriyaki Madness, often abbreviated as TMAD, is a rapidly expanding fast-casual restaurant chain that specializes in Seattle-style teriyaki bowls.
Founded in 2003 and headquartered in Denver, Colorado, TMAD began franchising in 2005.
The franchise offers a menu centered around a variety of hearty, flavorful, and customizable teriyaki dishes, using high-quality ingredients like fresh, never frozen, marinated and grilled meats, and house-made sauces.
What sets Teriyaki Madness apart in the competitive fast-casual segment is its commitment to providing healthy food options that do not compromise on taste.
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Initial Investment
How much does it cost to start a Teriyaki Madness franchise? It costs on average between $376,000 – $976,000 to start a Teriyaki Madness franchised restaurant.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of restaurant you choose, the location, and whether the franchisee chooses to lease or purchase the property.
| Type of Expenditure | Amount (Low–High) |
|---|---|
| Initial Franchise Fee | $45,000 – $45,000 |
| Shop Opening Assistance Fee | $27,500 – $27,500 |
| Site Survey | $2,000 – $6,500 |
| Rent, Security Deposit, Utility Deposit | $7,000 – $21,000 |
| Permit Expeditor | $0 – $3,500 |
| Leasehold Improvements | $134,000 – $520,000 |
| Furniture, Fixtures and Equipment | $76,000 – $174,000 |
| Architect | $16,500 – $30,500 |
| Initial Inventory and Supplies | $17,000 – $18,000 |
| Insurance | $1,500 – $5,000 |
| Business Licenses and Permits | $500 – $9,860 |
| Professional Fees | $2,500 – $4,000 |
| Exterior Signage | $5,500 – $27,000 |
| Interior Branding/Graphics | $6,800 – $10,000 |
| Security and Music System | $1,600 – $2,000 |
| Point of Sale System | $10,000 – $15,000 |
| Office Equipment and Supplies | $1,000 – $4,000 |
| Grand Opening Promotion | $10,000 – $10,000 |
| Uniforms | $600 – $1,000 |
| Initial and Hands-On Training Expenses | $1,200 – $4,500 |
| Extension Fee | $0 – $7,500 |
| Additional Funds – 3 Months | $10,000 – $30,000 |
| Total Estimated Initial Investment | $376,200 – $975,860 |
Average Revenue (AUV)
How much revenue can you make with a Teriyaki Madness franchise? A Teriyaki Madness franchised restaurant makes on average 1,123,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $1,074,000 yearly revenue for similar Asian franchises.
Below are a few Teriyaki Madness competitors as a comparison:
The most profitable franchises to own in 2025
We have compiled the list of the top 400 franchises across 9 industries. Download the report below.
Teriyaki Madness Franchise Disclosure Document
Frequently Asked Questions
How many Teriyaki Madness locations are there?
As of the latest data, Teriyaki Madness operates 158 locations across the United States. The majority of these are franchise-owned, with a smaller number being company-owned. The brand continues to expand, with new outlets opening regularly.
What is the total investment required to open a Teriyaki Madness franchise?
The total investment required to open a Teriyaki Madness franchise ranges from $376,000 to $976,000.
What are the ongoing fees for a Teriyaki Madness franchise?
A Teriyaki Madness franchise requires ongoing fees, including a 6% royalty fee on net sales for brand use and support and a 3% marketing fee to fund national and local advertising. These fees help sustain brand growth and operational consistency.
What are the financial requirements to become a Teriyaki Madness franchisee?
To qualify as a Teriyaki Madness franchisee, you should have a minimum net worth of $500,000 and at least $200,000 in liquid assets. These financial requirements ensure that potential franchisees possess the necessary resources to support the initial investment and ongoing operational costs associated with establishing and running a Teriyaki Madness franchise.
How much can a Teriyaki Madness franchise owner expect to earn?
The average gross sales for a Teriyaki Madness franchise are approximately $1.12 million per location. Assuming a 15% operating profit margin, $1.12 million yearly revenue can result in $168,000 EBITDA annually.
Who owns Teriyaki Madness?
Teriyaki Madness is owned by Michael Haith, who serves as the company’s Chief Executive Officer. Haith acquired the brand in 2016 and has since overseen its expansion and strategic direction.
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