About Teriyaki Madness Franchise
Teriyaki Madness is a fast casual restaurant franchise specializing in Japanese style teriyaki dishes featuring grilled, high quality meats marinated in proprietary signature sauces and served with generous portions at reasonable prices.
Backed by M.H.
Enterprises, Inc.
Teriyaki Madness Franchise Cost & Fees
Minimum Investment
$306K
Average Investment
$519K
Maximum Investment
$731K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $45,000 | One-time payment upon signing |
| Royalty Fee | 6% of Net Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 3% of Net Sales | National brand fund |
| Total Investment Range | $305,750 – $731,260 | Includes build-out, inventory, working capital |
The investment range of $306K–$731K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Net Sales) and marketing fee (3% of Net Sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $38,250 | $45,000 |
| Shop Opening Assistance Fee | $27,500 | $27,500 |
| Site Survey | $2,000 | $6,500 |
| Rent, Security Deposit, Utility Deposit | $7,000 | $18,000 |
| Permit Expeditor | $0 | $3,000 |
| Leasehold Improvements | $98,000 | $328,000 |
| Furniture, Fixtures and Equipment | $58,800 | $146,000 |
| Architect | $11,500 | $23,000 |
| Initial Inventory and Supplies | $10,000 | $13,000 |
| Insurance | $1,500 | $5,000 |
| Business Licenses and Permits | $500 | $9,860 |
| Professional Fees | $2,500 | $4,000 |
| Exterior Signage | $9,000 | $23,900 |
| Interior Branding/Graphics | $4,800 | $9,000 |
| 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 |
| Opening Extension Fee | $0 | $3,000 |
| Additional Funds –3 Months | $10,000 | $30,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $25,000 |
| Renewal Fee | $5,000 |
| Technology Fee | Up to $600 per month per Teriyaki Shop (currently $99.95 per month until your first Teriyaki Shop opens and then $302.50 per month per opened Teriyaki Shop) |
| Audit Fee | Cost of audit, plus lesser of the daily equivalent of 15% per year simple interest or the highest rate allowed by law (we estimate this cost to be between $1,000 and $15,000) |
| Grand Opening Advertising | Minimum of $10,000, including upon a transfer or relocation |
| Continuing, Refresher, Additional Training or Assistance Fees | An amount set by us (currently $500 per person per day for additional training plus all travel expenses) |
| Conference Fee | An amount designated by us (for the annual convention, currently $2,000 for up to two attendees plus expenses; and $1,000 for each additional attendee, plus expenses. You will receive a $500 royalty credit if at least one of your required participants attends the annual convention.) |
| Relocation Fee | $5,000 per Teriyaki Shop |
| Food Safety Audit | Cost of audit (estimated to be approximately $300) |
| Taxes | Amount assessed by federal, state and local tax authorities on any payments you make to us |
| Indemnification | Varies under circumstances |
| Legal Costs and Professional Fees | Will vary under circumstances |
| De-Identify Premises | Will vary under circumstances |
| Insurance | Reimbursement of our costs plus a 20% administration charge |
| Liquidated Damages | Will vary under the circumstances |
| Maintenance Fee | Varies under circumstances |
| Approval of General Contractor or Architect | $1,000 |
| Failure to Submit Required Reports | $100 per occurrence and $100 per week |
| Supplier and Product Evaluation Fee | Cost of inspection (estimated to be approximately $100 to $500) |
| Customer Satisfaction Reimbursement | Varies under circumstances |
| Interim Manager Fee | $500 per day plus the Interim Manager’s direct out-of-pocket costs and expenses |
| Broker Fees | Our actual cost of the brokerage commissions, finder’s fees, or similar charges |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Approximately 130.75 hours (24 hours Initial Classroom + 13.25 hours Online + 93.5 hours Hands-On) |
| Classroom Training | 54.5 hours |
| On-the-Job Training | 114 hours |
| Training Location | Denver, Colorado or affiliate locations or your Teriyaki Shop |
| Additional Training | We may charge you for training newly hired personnel, refresher training courses, and additional consultations or special assistance or training you need or request or we require we determine is necessary or appropriate in our sole discretion to protect the quality, integrity and reputation of the Teriyaki Madness System. The fee amount will depend on the training required. If we provide additional training at your Teriyaki Shop, you may be required to pay for our instructors’ travel expenses as well. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Area of Protection |
| Exclusive Territory | Yes |
| Territory Size | approximately 25,000 people |
| Description | The Area of Protection is based on the geographic area and population properties within that territory and other relevant demographic characteristics. The boundaries of your Area of Protection may be described in terms of contiguous zip codes, street boundaries, and county boundaries or depicted on a map that is attached to your Franchise Agreement. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Two 5-year renewal periods |
| Renewal Fee | $5,000 |
| Renewal Conditions | Written notice, full compliance, sign then-current form of Franchise Agreement, sign release, maintain possession of Teriyaki Madness Business location, complete refurbishing, and others. You may be asked to sign a contract with materially different terms and conditions than your original contract, and the boundaries of your territory may change, and the fees on renewal will not be greater than the fees that we then impose on similarly situated renewing franchisees. |
| Transfer Fee | $25,000 |
| Transfer Conditions | Written notice, transferee qualifies, you are not in default, payment of transfer fee, transferor signs general release, transferee signs new Franchise Agreement, refurbish Teriyaki Madness Business, transferee successfully completes training program and others. |
| Termination for Cause | We have the right to terminate your Franchise Agreement in certain circumstances, including material misrepresentation, failure to open within 53 weeks, bankruptcy, abandonment, failure to cure health and safety concerns, felony conviction, unauthorized transfer, repeated violations, and others. |
| Non-Compete Period | 2 years |
| Non-Compete Details | Prohibitions on diverting business to competitors, involvement in any competing business for two years and within 25 miles of any Teriyaki Madness Business, owners may not solicit any customer of the Franchise or any Teriyaki Madness Franchise for 2 years. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The Teriyaki Madness Business shall be managed by you, or if you are an entity, by a Managing Owner. You (or the Managing Owner if you are an entity) agree to supervise the day-to-day operations of the Teriyaki Madness Business and continuously exert your best efforts to promote and enhance the Teriyaki Madness Business. |
| Required Suppliers | You will be required to purchase certain products and services only from suppliers that we approve including manufacturers, distributors, suppliers, vendors, merchants or providers of goods and services (including any professional services like accounting and bookkeeping) (“Approved Suppliers”). You must purchase all food items, beverage items, marketing materials, uniforms, logo apparel, and interior graphics from our Approved Suppliers. |
| Supply Restrictions | We may designate ourselves or any affiliates we may have as an Approved Supplier, or the only Approved Supplier, from which you may or must lease or purchase products or services in developing and operating your Teriyaki Madness Business. |
| Franchisor Revenue from Suppliers | During the last fiscal year, ended December 31, 2022, MH International’s revenue from required purchases by franchisees was $1,970,005 which equaled 24% of MH International’s total revenue of $8,249,154. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee your notes, leases, or any other obligations. However, franchisees of the Teriyaki Madness Businesses are eligible for expedited and streamlined SBA loan processing through the SBA’s Franchise Registry, www.franchiseregistry.com. |
Teriyaki Madness Franchise Earnings — Item 19
Average Revenue
$1.1M
Median Revenue
$1.0M
Revenue Range
$473K – $2.7M
Sample Size
68 units
Past financial performance does not guarantee future results. Individual results will vary.
Teriyaki Madness Litigation & Risk Flags
Clean Litigation RecordTeriyaki Madness has no pending litigation actions listed in their FDD.
Bankruptcy History DisclosedA bankruptcy disclosure is present in this FDD.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Teriyaki Madness System Growth
Total Units
121
Franchised
121
Company-Owned
0
Teriyaki Madness currently operates 121 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 31 | 3 | 88 |
| 2021 | 20 | 7 | 101 |
| 2022 | 28 | 7 | 121 |
Transfers: 9 | Closures: 7
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Revenue
$2.3M
Net Income
$-145,032
Total Assets
$7.1M
Audited by EideBailly for year ending December 31.
Teriyaki Madness Franchise — FAQ
The total investment to open a Teriyaki Madness franchise ranges from $305,750 to $731,260, per their Franchise Disclosure Document. This includes the initial franchise fee of $45,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Teriyaki Madness charges a royalty fee of 6% of Net Sales of gross sales, plus a 3% of Net Sales contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Teriyaki Madness Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Teriyaki Madness to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, Teriyaki Madness franchise owners report average revenue of $1.1M and median revenue of $1.0M. This is based on a sample of 68 units. Past performance does not guarantee future results.
Teriyaki Madness has been franchising since 2016. The FDD shows an investment range of $305,750-$731,260, a 6% of Net Sales royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $45,000 and the total investment ranges from $305,750 to $731,260 depending on location size and market. A minimum of $10,000 in liquid capital is required. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Teriyaki Madness and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Teriyaki Madness or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com