Panda Express Franchise
Panda Express and Hibachi-San are part of the Panda Restaurant Group. The Panda Restaurant Group is the nation's top Asian catering company.
Founded by now billionaire, Andrew Cherng, and his father, Panda Express has become one of the most popular restaurants for Chinese cuisine.
Andrew Cherng was born in China and relocated to the US to pursue the American dream. Together with his father, he founded the first Panda restaurant.
Panda Express Franchise Profitability
Panda Express has been experiencing significant net growth. Their net score for growth is currently 78, which is greatly encouraging for investors.
Most of the Panda Express franchises are successful due to the popularity of the brand. The Panda Restaurant Group is dedicated to giving customers excellent Asian eating experiences and creating a positive family-friendly environment.
When you start a Panda Express franchise, you join a restaurant chain with a great foundation and mission, outstanding operations, and sustainability.
Panda Express Franchise Cost
The cost to open a Panda Express franchise varies, depending on the location, building, and your needs.
Here is a general cost breakdown for what you can expect:
- Panda Express Franchise Fee: $25,000
- Build, Equipment, etc.: $377,100 to $1,884,000.
- Working Capital: $60,000 to $110,000
- Fee for Royalty: 8.0%
While Panda Express is an excellent franchise opportunity, there are many others that you may want to consider. Check out our lists of the 10 Most Profitable Franchises and Top 25 Franchises to Own for more ideas.
You can also find a cost breakdown of popular franchises by going here.