August 23, 2019
On the heels of signing agreements to open in Mexico and Canada, Teriyaki Madness is seeking franchise partners to expand further around the world.
"As TMAD has grown throughout the U.S., we've continuously reinvested every dollar we've made back into the brand," Teriyaki Madness CEO Michael Haith, said in a company press release. "What's resulted is a highly competitive franchise opportunity that is more than capable of world domination thanks to our creative and agile leadership team."
In partnership with multi-unit franchisees Patricio Meade and Guillermo Alcocer of Star San Luis, TMAD's first international location is set to open in Mexico City later this year. North of the border, franchisees Sam Patel, Kunal Thakur and Ankit Patel signed on to open three Teriyaki Madness shops in Lethbridge, Alberta. In that province alone, the market is capable of supporting 75 shops, meaning the potential for expansion throughout Canada as a whole is virtually endless, said Jodi Boyce, Teriyaki Madness VP of marketing.
"We are working closely with our franchisees in both Mexico and Canada because we want to prove the concept there," Boyce said in the release. "Taste and quality are our key differentiators, and while we're challenging ourselves to be flexible as it relates to the supply chain aspect of our business, we'll never jeopardize those two components. We're confident that once these countries get a taste of TMAD, the brand will explode on a global level."
Founded in 2003, in Denver,Teriyaki Madness has franchise agreements in place for nearly 150 shops across the U.S. and offers franchising opportunities to qualified single and multi-unit candidates across the globe.