User:Adyan723/sandbox

Teriyaki Madness is a restaurant that started in Seattle, Washington founded by Alan Arreola, Rod Arreola, Eric Garma. The restaurant started in August of 2003. The CEO of Teriyaki madness is Micheal Haith, he has been CEO since 2016. The restaurant is a casual, Asian fast-food place. The menu consists of many Asian style dishes. Teriyaki Madness restaurants are located in 14 of the 50 states in the U.S. The franchise is planning to expand to all states in the U.S.

History
In August of 2003 Alan Arreola, Rod Arreola, Eric Garma founded Teriyaki Madness. In Seattle, they opened the first Teriyaki Madness. After they opened in Seattle, they opened another restaurant in Las Vegas, Nevada. With the help of Micheal Haith they went nationwide. After that Micheal Haith became CEO of Teriyaki Madness in 2016 after he had bought the company from the original owners. Haith is looking to expand Teriyaki Madness in the U.S. in the future.

Food
Teriyaki Madness is an Asian fast food chain. They have made 8 sauces for their menu. They have different types of bowls that consist of a primary food with a side. They also appetizers as well as the main dishes. They most popular dish is the Teriyaki Chicken Bowl.

Franchising
Teriyaki Madness is a franchise. The restaurant is franchised to people. The cash requirements are to have at least 270,699 dollars as initial investment. Teriyaki Madness does offer support to the franchisees. They offer real estate and construction, marketing, supply chain, and operations support.

Costs
The initial investment costs a minimum of 270,699 to a maximum of 596,850 dollars. The franchise fee is 45,000 dollars. This is less than the average of 764,345 dollars of initial investment.

Profits
The franchises of Teriyaki Madness have gained profit. The average profit of a franchise is 26%. The growth of sales in 2016 was 6.49%. The highest they had was a 14.4% increase of sales in their restaurant in 2014. They have a high sales to investment ratio. Teriyaki Madness states that Asian food is the fastest food type in the market.