DENVER, June 27, 2013 (GLOBE NEWSWIRE) -- Franchise sales agent RainTree, which offers a new paradigm in franchise recruitment, recently facilitated the signing of multiple franchise agreements in less than 60 days for its client Teriyaki Madness.
The agreements, which were all signed in a less than six weeks, will result in more than 20 new Teriyaki Madness locations throughout California, Colorado, and Texas.
RainTree began working with the fast-casual Asian chain at the end of 2012 and was tasked with introducing growth outside of the brand's Vegas Hub. By May of 2013, RainTree was able to leverage its strategic relationships with the franchise industry's leading vendors and franchise brokers, which resulted in the signing of multiple franchise agreements, all outside of Nevada.
"Teriyaki Madness' success provides further validation for us that our model is working," said Brent Dowling, director of business development with RainTree. "Our advantage is in our ability to use our extensive franchise sales experience and existing partnerships to help both younger and mature franchisors grow, at an affordable cost."
RainTree was launched on the premise that up-and-coming franchisors should have access to higher-level franchise sales tools, people, brokers, and vendors in order to grow their brands and still afford it. Thus RainTree works exclusively on a small start-up retainer and an on-going success fee, which means they only succeed when the franchisor succeeds.
"RainTree's franchise development strategy is clearly paying off. We aimed to award seven franchise agreements in our first year, and we felt that this was an aggressive goal. RainTree met that goal by the end of May, and we are now on track to quadruple it," said Teriyaki Madness CEO Rod Arreola.
For more information about RainTree, please visit www.raintreesales.com.
About RainTree
Founded in the franchise-rich city of Denver, RainTree was developed to fill a need by emerging franchisors to navigate the franchise lead generation and recruitment maze. By working with franchisors, RainTree provides an out-sourced sales team that creates quality lead flow and experienced, professional salespeople that previously only more mature franchisors could afford.