Teriyaki Madness has announced the signing of the brand’s biggest every franchise agreement, a multi-unit deal for 35 restaurants. The Seattle-based brand signed the deal with Arkansas native, Chris McMillan. He will open the first location in Panama City, Florida, before expanding into surrounding states.
McMillan has significant experience in the restaurant franchise industry, with his 27 Sonic Drive-In locations. He has also signed a deal to open 40 Big Chicken units, the chicken brand headed up by Shaquille O’ Neal. McMillan also owns two Rib Crib locations.
“I knew the Teriyaki Madness brand well and was a huge fan of the food,” said McMillan.
“But the proven business model, unmatched support, technology and the incredible growth throughout the pandemic made expanding my portfolio with the brand a no-brainer. Teriyaki Madness is one of the fastest-growing franchises in the U.S. They’ve mastered their business model, and I knew the home office would support me every step of the way.”
He plans to open his first three locations in Florida within the next three years, and then into farther states in which he already owns units of other brands. Teriyaki Madness has sold 72 units so far in 2022, and plans to open 30 before the year is over.
“Signing our biggest franchise agreement yet is a massive milestone for us as a brand, and we were lucky to find a partner as qualified as Chris McMillan,” said Michael Haith, CEO of Teriyaki Madness.
“With this signing, Chris has become a true Teri-yogi — a guardian angel for deprived teriyaki lovers in cities across the country. This moment really emphasizes something we’ve known for a long time: the Madness for this concept is spreading and it can’t be stopped!”