How much does a Teriyaki Madness franchise cost?
Opening a Teriyaki Madness franchise takes a total initial investment of $376,200 to $975,860, according to the brand's 2025 Franchise Disclosure Document. The FDD's Item 19 reports median gross sales (“MGS”) of $1,122,966 across 105 outlets.
Teriyaki Madness franchises Teriyaki Shops. Category: Food & Beverage.
Item 7
What it costs to open a Teriyaki Madness franchise
The franchisor's own estimated initial investment, as disclosed in its 2025 FDD. The total is $376,200 to $975,860. Each line below carries the FDD page it was read from.
Where the money goes
The largest costs are Leasehold Improvements ($134,000 to $520,000), Furniture, Fixtures and Equipment ($76,000 to $174,000), and Architect ($16,500 to $30,500). Together they make up about 74% of the high-end estimate.
The initial franchise fee is $45,000, about 12% of the low-end total.
Our arithmetic from the Item 7 table below.
| Expenditure | Low | High | Source |
|---|---|---|---|
| Initial Franchise Fee2025 FDD, Item 7, p. 19 | $45,000 | $45,000 | 2025 FDD, Item 7, p. 19 |
| Shop Opening Assistance Fee2025 FDD, Item 7, p. 19 | $27,500 | $27,500 | 2025 FDD, Item 7, p. 19 |
| Site Survey2025 FDD, Item 7, p. 19 | $2,000 | $6,500 | 2025 FDD, Item 7, p. 19 |
| Rent, Security Deposit, Utility Deposit2025 FDD, Item 7, p. 19 | $7,000 | $21,000 | 2025 FDD, Item 7, p. 19 |
| Permit Expeditor2025 FDD, Item 7, p. 19 | $0 | $3,500 | 2025 FDD, Item 7, p. 19 |
| Leasehold Improvements2025 FDD, Item 7, p. 20 | $134,000 | $520,000 | 2025 FDD, Item 7, p. 20 |
| Furniture, Fixtures and Equipment2025 FDD, Item 7, p. 20 | $76,000 | $174,000 | 2025 FDD, Item 7, p. 20 |
| Architect2025 FDD, Item 7, p. 20 | $16,500 | $30,500 | 2025 FDD, Item 7, p. 20 |
| Initial Inventory and Supplies2025 FDD, Item 7, p. 20 | $17,000 | $18,000 | 2025 FDD, Item 7, p. 20 |
| Insurance2025 FDD, Item 7, p. 20 | $1,500 | $5,000 | 2025 FDD, Item 7, p. 20 |
| Business Licenses and Permits2025 FDD, Item 7, p. 20 | $500 | $9,860 | 2025 FDD, Item 7, p. 20 |
| Professional Fees2025 FDD, Item 7, p. 20 | $2,500 | $4,000 | 2025 FDD, Item 7, p. 20 |
| Exterior Signage2025 FDD, Item 7, p. 20 | $5,500 | $27,000 | 2025 FDD, Item 7, p. 20 |
| Interior Branding/ | $6,800 | $10,000 | 2025 FDD, Item 7, p. 20 |
| Security and Music System2025 FDD, Item 7, p. 20 | $1,600 | $2,000 | 2025 FDD, Item 7, p. 20 |
| Point of Sale System2025 FDD, Item 7, p. 20 | $10,000 | $15,000 | 2025 FDD, Item 7, p. 20 |
| Office Equipment and Supplies2025 FDD, Item 7, p. 20 | $1,000 | $4,000 | 2025 FDD, Item 7, p. 20 |
| Grand Opening Promotion2025 FDD, Item 7, p. 21 | $10,000 | $10,000 | 2025 FDD, Item 7, p. 21 |
| Uniforms2025 FDD, Item 7, p. 21 | $600 | $1,000 | 2025 FDD, Item 7, p. 21 |
| Initial and Hands-On Training Expenses2025 FDD, Item 7, p. 21 | $1,200 | $4,500 | 2025 FDD, Item 7, p. 21 |
| Extension Fee2025 FDD, Item 7, p. 21 | $0 | $7,500 | 2025 FDD, Item 7, p. 21 |
| Additional Funds – 3 Months2025 FDD, Item 7, p. 21 | $10,000 | $30,000 | 2025 FDD, Item 7, p. 21 |
| Total estimated initial investment2025 FDD, Item 7, p. 19-21 | $376,200 | $975,860 | 2025 FDD, Item 7, p. 19-21 |
Source Teriyaki Madness, 2025 FDD, Item 7, p. 19-21, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-27.
Item 19
What Teriyaki Madness franchisees actually report earning
Median Gross Sales (“MGS”)
$1,122,966
Teriyaki Madness' 2025 FDD, Item 19, for the 2024 calendar year. Basis: United States franchised Teriyaki Shops that have been in operation for at least one year, were in traditional locations, and provided complete monthly profit and loss statements.
Sample size: 105 outlets. The FDD also reports average gross sales (“AGS”) of $1,177,195. We lead with the median because an average is pulled upward by the strongest outlets; the median is the middle outlet.
What the franchisor excluded from this figure
- For 2024, 51 Teriyaki Shops did not meet the Conditions and were not included: 35 were not open for at least one year, 3 were in non-traditional spaces, and 13 had incomplete Profit and Loss statements.
- Teriyaki Shops owned by the Predecessor’s affiliate are included in the 2022, 2023 and 2024 data.
This is a disclosure of what some existing outlets reported, not a projection of what a new Teriyaki Madness outlet would earn. Your results will differ.
Source Teriyaki Madness, 2025 FDD, Item 19, p. 60, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-27.
Item 20
How many Teriyaki Madness outlets there are, and how many closed
Teriyaki Madness ended 2024 with 156 franchised outlets and 2 company-owned outlets. In that year 35 franchised outlets opened and 17 left the system.
Three years at a glance
From 2022 through 2024, Teriyaki Madness opened 91 franchised outlets and 35 outlets left the system. That is a net gain of 56, from 100 to 156 franchised outlets. Of the outlets that left, 14 were terminated, 2 were bought back by the franchisor, and 19 closed for other reasons.
On average, about 9.7% of franchised outlets left the system each year, roughly 1 in 10.
Our arithmetic from the FDD's Item 20 table below. "Left the system" counts every outlet the franchisor reports as terminated, not renewed, bought back, or closed for other reasons.
| Year | Start | Opened | Terminated | Non-renewed | Reacquired | Ceased, other | End | Source |
|---|---|---|---|---|---|---|---|---|
| 2024 | 138 | 35 | 3 | 0 | 1 | 13 | 156 | 2025 FDD, Item 20, p. 81 |
| 2023 | 122 | 27 | 10 | 0 | 1 | 0 | 138 | 2025 FDD, Item 20, p. 81 |
| 2022 | 100 | 29 | 1 | 0 | 0 | 6 | 122 | 2025 FDD, Item 20, p. 81 |
Source Teriyaki Madness, 2025 FDD, Item 20, p. 81, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-27.
Compare
How Teriyaki Madness compares with other Food & Beverage franchises
Measured against the 256 Food & Beverage franchises on this site, using each brand's own FDD.
- Cost to open. The middle of Teriyaki Madness' estimated range is $676,030. It costs more to open than 58% of Food & Beverage franchises here.
- Outlets leaving each year. 9.7% for Teriyaki Madness. That is higher than 74% of the 165 Food & Beverage franchises with at least 10 outlets.
- Three-year growth. Teriyaki Madness' franchised system grew 56%. The typical Food & Beverage franchise here grew 4.4%.
- Earnings disclosure. 152 of the 256 Food & Beverage franchises here publish earnings figures in Item 19. Teriyaki Madness is one of them.
Our arithmetic from each brand's Item 7 and Item 20. Growth and departure comparisons leave out brands with fewer than 10 outlets, where one opening or closure distorts the figures. See every Food & Beverage franchise side by side.
Alert me when Teriyaki Madness files a new FDD
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