Faster than a drive-thru and bigger than ever, TMAD wraps up Q3 with a side of their famous teriyaki sauce and franchise growth on the horizon!
, /PRNewswire-PRWeb/ — Teriyaki Madness (TMAD), the rapidly expanding Asian-inspired fast casual franchise, is closing out Q3 of 2024 with achievements across all facets of the business — franchise development, operational innovation, new market expansion — you name it!
In Q3, Teriyaki Madness signed 11 franchisees for 15 new units, bringing the year-to-date total to 39 units across 27 franchisees. TMAD also opened 9 new shops in Q3, with a total of 25 new locations opened year-to-date, including the new market of New Hampshire.
On the consumer front, TMAD saw a 6.3% increase in guest traffic from Q2 to Q3 and a significant 31.4% year-over-year guest growth. Additionally, systemwide sales for Q3 grew by 21.25% compared to last year, while same-store sales saw a 1.67% year-over-year …