DENVER--(BUSINESS WIRE)--On the heels of impressive growth outside their hub in Las Vegas, Teriyaki Madness, a fast-growing Asian restaurant concept, recently announced aggressive expansion into cities across the U.S. The company is spreading the ‘madness’ from the East to West Coast and has signed five new franchise deals that will double the total number of locations by 2015.
Teriyaki Madness recently signed agreements that will move the brand into new markets including Arizona, California, Florida, Michigan, New Jersey, Ohio and Tennessee. The entrance into these new markets marks a significant milestone for Teriyaki Madness, as the company focuses on growth in new regions across the U.S. The timing is ideal to enter these markets and will supplement other restaurant developments currently under way in Arkansas, California, Colorado, Nevada and Texas.
“These newly-signed franchise agreements are part of our overall goal to open 100 units across the U.S. by 2016, but we are focused on doing it the correct way. Helping franchisees maximize their top and bottom line performance will play a significant role in growing our brand. With this mindset, we truly believe the sky is the limit for Teriyaki Madness,” said Rod Arreola, co-founder and CEO of Teriyaki Madness.
Spearheading the largest expansion efforts is new franchise partner, The Brevard Achievement Group, a Florida-based, nonprofit group dedicated to helping people with disabilities achieve both social and vocational independence. Guy Klenke, who will oversee the group’s expansion into the madness, will open five locations in Orlando and Brevard County in Florida. Klenke has spent 27 years providing development and operations for employment programs for nonprofits which includes working within current trends and lines of business and more importantly looking at new trends and lines of business to expand the employment opportunities and generate revenue for the agency—making him the perfect addition to the Teriyaki Madness family.
The first opening outside Las Vegas occurred in March in Denver and since then, Teriyaki Madness has not eased off the accelerator. The recent openings in Denver, Arkansas and two locations in California proved the brand would succeed outside of its original market by surpassing their wildest sales expectations. In addition to record volume sales, year to date, the Asian food franchise has seen an impressive 17 percent increase in same store sales year over year, crushing the QSR franchise industry average by nearly 400 percent. With the recently signed deals, the company is on pace to meet their projected 100 national locations by 2016.
Teriyaki Madness appeals to potential franchisees seeking an alternative to traditional fast-casual opportunities such as pizza, burgers and subs. With made-to-order entrees featuring house made sauces, fresh vegetables and 100 percent all-natural chicken, the fresh Asian grill serves healthier, hearty, protein-packed portions that leave guests fully satisfied. Started by three aspiring entrepreneurs who wanted to launch a teriyaki concept similar to their favorites back home in Seattle, Teriyaki Madness is looking to build upon the brand’s 14 profitable locations in Nevada, Colorado, Arkansas, California and Texas.
About Teriyaki Madness
Teriyaki Madness, a fast-casual, Asian restaurant concept was founded in 2003, in Las Vegas, Nevada and began franchising the brand in 2005. Teriyaki Madness is committed to unconditionally satisfying guests by offering delicious, made-to-order Teriyaki dishes prepared with 100 percent all natural, fresh ingredients that are served quickly, at a reasonable price in a fun and relaxed atmosphere. The "Fresh, Fulfilling, and Fits your Life” concept was recently recognized by QSR Magazine as one of the Best Franchise Deals for 2014. The brand is dedicated to “Spreading the Madness” so that everyone can experience the best teriyaki on earth.