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Below is an in-depth analysis and side-by-side comparison of Teriyaki Madness vs Bann Thai including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $322,755,862,435 | $224,000 - $603,000 |
Franchise Fee | $45,000 | $30,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 3% | - |
Year Founded | 2003 | 2010 |
Year Franchised | 2005 | 2013 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | 10% of franchise fee | - |
Business Experience Requirements |
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Experience | - | DRIVER Has written and actionable goals Focus on the end result, regardless of the amount of time it takes to get there. Plan and act towards desired goals better than current circumstance Focus on what is going right, regardless of what is going wrong If this sounds like you, we are looking for you. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-the-job training: 195 hours Classroom training: 50.5 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | Number of Employees Required to Run: 10 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
Teriyaki Madness is a fast-casual Asian inspired restaurant serving exceptional Teriyaki cuisine in a fun and relaxed atmosphere. Our menu offers an assortment of high quality meats grilled to perfection with our signature sauces, plus a variety of other popular Asian entrees and delicious side dishes.
NO LONGER FRANCHISING