DENVER--(BUSINESS WIRE)--As 2014 comes to a close, industry experts reflect on the past year’s trends and begin to predict what will be prevalent in the year to come. The past 12 months have proven that consumers’ tastes have begun to shift as the demand for fresh, customizable food with quality ingredients increases and experts suggest that 2015 will only bring more of the same.
This prediction leaves the door wide-open for Teriyaki Madness, a fast-growing Asian restaurant concept, which offers consumers fresh, made-to-order Asian cuisine. In fact, the company is already capitalizing on the demand and with 112 percent growth in 2014 alone, the brand is showing no signs of slowing down. This year the company added 10 stores outside their hub in Las Vegas through aggressive yet thoughtful growth.
“2014 has proven to be a tremendous year for our brand and we accomplished all the goals we set for ourselves last January,” said Michael Haith, CEO of Teriyaki Madness. “Our nationwide expansion and success we have experienced this year prove that we are not only answering consumer’s demand but exceeding their expectations in the process. Our future looks very bright.”
The remarkable growth outside its home market began earlier this year when the company announced its aggressive plans to double the total number of units by 2015. Teriyaki Madness executives didn’t take this challenge lightly and in 9 short months, the brand opened 9 additional units, increasing the company’s total units to 17. Not only has the company seen extensive unit growth this year, they have had four consecutive years of double digit comp sales growth. Looking into 2015, the brand expects to continue this strategic expansion, aiming for another 100 percent growth in company size by 2016. With a presence already established in six states, Teriyaki Madness plans to continue expanding by adding experienced franchisees to their system, putting a particular emphasis on QSR operators looking to make the transition into the fast-casual segment.
Teriyaki Madness has already shown that they can attract these types of operators, bringing on two with extensive QSR experience in the last few months alone. “Looking into 2015, we will continue to work to attract qualified franchisees that are looking to invest in our brand as a bridge to fast-casual,” added Haith. “As a hybrid of both fast casual and QSR, Teriyaki Madness offers a unique opportunity for these folks in that our initial investment level and operational model are similar to QSRs, but we provide the quality ingredients and the atmosphere a consumer expects from a fast-casual brand.”
Teriyaki Madness appeals to customers seeking an alternative to traditional fast-casual opportunities such as pizza, burgers and subs. With made-to-order entrees featuring homemade sauces, fresh vegetables and natural ingredients, this fresh Asian grill serves healthier, hearty, customized meals in seven minutes 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 17 locations in Nevada, Colorado, Arkansas, Texas, Virginia and California through the building of another 100 stores nationwide in the next 36 months.
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.