I am very much interested in a Panda Express Franchise. It also has partnerships with some of the hospitals. Panda Express has a franchise fee of up to $25,000, with a total initial investment range of $426,700 to $2,404,000. Panda Express started from malls to stand-alone restaurants in casinos, universities, airports, and other venues. And at the beginning of the year, Panda Express had 2,106 total units. You should be aware of these as a possible franchise owner in the future. Low confidence. At the beginning of the year, Panda Express had 138 franchised units. And American-Chinese cuisine adds cherry to the cake. How much does it cost to open a Panda Express? The specific terms of the agreement will depend on many factors, including your credit history, and will be worked out with Panda Express during the process. This is probably due to the fact that there exist many more Panda Express corporate units than franchised units, which could be a sign that Panda Express invests most of its energy and resources into internal development instead of to their licensed/franchised system. Ingredients include beef, chicken, fish, vegetables, noodles, and rice with options from plain steamed rice to brown rice. Since 1983, they have opened over 1,000 locations in the United States, and have even gone international. So, if you think your chances are bright regarding snagging a Panda . The company website states: Panda Restaurant Group operates all of our restaurants with the exception of select locations in airports, universities, military bases, hospitals, casinos, amusement parks and stadiums. Other potential costs include inventory, equipment, insurance, employee training, business licenses, rent, landscaping, signage, etc. of existing Panda Express franchises exist in food court areas. A family-run company, Panda Express has historically retained a high degree of control over its business, and most of its outlets are company run. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); An optional description where you can introduce yourself and your related expertise for what you are selling. Low confidence. The idea was to serve people the best American-Chinese cuisine and they never took their customers for granted. For those who enjoy Panda Express, the excitement that comes with discovering a restaurant has opened up closer to them will be obvious. 8/18/2020. This includes licensing fees, the first three months rent, insurance, and the equipment and supplies to get the restaurant running. McDonalds and KFC are pretty common but I notice Panda is more popular in the airports #1 Staffing franchise seeks natural leaders & skilled relationship builders. To apply for a Panda Express, download our pre-built business plan below and visualize metrics like breakeven, payback, return on investment and more. How to Find, Vet and FUND a Good Franchise (Webinar), Buying a Franchise on Your Own Can Be Overwhelming, How to Find, Vet & FUND a Good Franchise. A large portion of this cash is for the real estate and building the restaurant, plus all the fancy equipment you'll need to make those Crunchwrap Supremes. If youre curious about Panda Express, their operations, and how much they make in a year, below are more details regarding this popular restaurant chain. Working with Panda Express, you can choose your territory and open your first store in an area that has a need or a craving for their product. In addition to the initial franchise fee of $25,000, the investment cost covers: This summary could help you to visualize the different types of costs you need to pay: A Panda Express franchise makes $616,240 in sales in a year. Because of the lack of information, its hard to work out a figure for profits. The chain has enjoyed double-digit percentage revenue growth in similar growth as well. All in all, the investment to sales ratio is 0.4x which is mediocre. If youd rather look at other options, or for other chains to compare Panda Express with, then subscribe to Franchise Chatter to help ensure that youre looking at the right franchise for you. Furthermore, for the amount of Panda Express units existing in the system, the growth rate is relatively small, but this could be due to the COVID pandemic in 2020. Teriyaki Madness is also open for franchisees. The group has raised over $50 million for charity. The royalty fee for Panda Express is 8% of gross sales or the minimum amount of $4000. Opening a franchise is not something that can be done overnight. For those that have not yet tried it, a new restaurant can bring joy for the simple fact that it is new. The initial license fee for a Panda Express franchise (licensed store) is $25,000. As of today, there are Panda Express restaurants in Canada, Guam, Puerto Rico, Dubai, and South Korea. In 2017, theyve also bought 22 million pounds of broccoli. They maintain their standard by keeping their food authentic. These lawsuits involved hiring discrimination, overtime pay, and harassment. Its original growth was based on shopping mall food courts, and the company retains control of these locations. Panda Express maintains the right to terminate or not renew a franchise license, in the event they are unhappy with the franchisees performance or compliance. While we dont know exactly how profitable a Panda Express, generally speaking Chinese food is a profitable menu item. Click here to get a new food business case study with revenue numbers delivered each week. The pros to buying into a franchise include the brand recognition. The company is known to be very charitable. How much does a panda express franchise cost. You can also check out the, Sharing How I earn 6 figures in 2019 using the right business. Opening a restaurant on your own leaves you without the name brand. The demand for Chinese food never depletes. The renewal does come with additional fees, but the cost of those fees will be determined at the time of renewal. The decision to open a franchise is a big one. So, if you want to start a franchise with a well-known brand, then Panda Express is the best option. Panda Express offers extensive training programs to ensure each team members feels comfortable in their role. In spite of massive growth, Panda Express is still considered a family business with couple Andrew and Peggy Cherng at the helm. Franchise Fee: This amount can vary, depending on the . In 2011, there were about 1,386 Denny's franchises in the USA. And I am very thankful to my mentor who taught me the high income skills of local lead generation using free traffic. I was able to build multiple lead gen sites that give me the residual income that I want. Initial License Fee: Their licensing fee stands at $25,000, and this fee is non-refundable by any means. Panda Express is very popular among people who have tried it. Panda Express is very popular among people who have tried it. Before starting a Panda Express franchise, it is important to know the Panda Express franchise fee ($16,250) working capital and other costs required to start the business. In 2007, Panda Express revenues hit $1 billion for the first time ever. The investment amount represents the average of both the minimum and the maximum amount you need to pay, depending on your location and other factors. The Asian restaurant chain won the 2021 Excellence in Food Safety Award for their efforts in ensuring food safety. How much does it cost to open up a Panda Express? It impacts lives and strives to give opportunities to future generations. additional fees payable to their affiliates). As per our calculations, the average Panda Express franchisee makes $184,872 profits per year. Zaxby's has an initial franchise fee of up to $35,000, with a overall upfront investment range from $343,200 to $695,200. Panda Express believes in treating its employees rightly. People love choices, and introducing a new option to the mix may be the ticket to getting them through the door. Company standards and guidelines must be adhered to, or the risk of losing the franchise abounds. Even though the 30% margin is on the higher-end of similar franchises, the Franchise Disclosure Document of Panda Express doesnt give much details on how much you should spend in marketing. Panda Express Franchise Cost. Your email address will not be published. Once when Andrew was interviewed by the Los Angeles Times, he told them that they had a back door to the restaurant and he would go to the parking lot and say, Thank you for coming. However, it is important to keep in mind that the financial information revealed in their income statement is fairly limited, so the following comparisons are based on revenues from royalties and license fees rather than restaurant sales. What a horrible experience we had. 7 (Tues.), 4 p.m. EST, Register Now to Get Free Access to Recordings of Both Webinars. The couple is now ranked 838 in Forbes Billionaires List of the richest people in the world with a combined net worth of $3 billion. Established in 1999, panda cares aims to bring hope to the underserved youth and kids. The first international Panda Express restaurant opened in Mexico City. The Panda Express franchise or license fee is $25,000. In the beginning, Panda Express was only found in food courts, but eventually they expanded into brick and mortar concepts. The time will depend on the skills. The chain offers a wide variety of menu items like orange chicken, sweet fire chicken breast, grilled teriyaki chicken, honey walnut shrimps, fresh salads, etc. paid to the franchisor or their affiliates. The lowest-paying job at Panda Express is a Cashier with a salary of $28,267 per year. Panda Express has a well-grounded history of success. Panda Express Franchise Costs $1.4M: 2022 Costs & Profits 2022-11-11. The net change of Panda Express corporate units was +53 units. According to Forbes, Panda Express recorded $3.5 billion in revenue in 2020. First, you will need to obtain a license from Panda Express in order to operate a restaurant under their name. Growth in sales is 19.80%. The two bakers fell in love and their love gave birth to this amazing Chinese food. They have cultivated and maintained a loyal following with their consistent quality and innovative recipes. Becoming a part of the Panda Express community is a big choice, but, when done right, can mean the start of a whole new career, and life. Other popular dishes on the menu are Beijing Beef and Honey Walnut Shrimp. If you do not have the liquid capital to purchase the franchise license outright, they will set up payment terms with you. Owning a franchise comes with a lot of perks, but it also comes with some catches. Detail of investment in Panda Express Franchise: Lease or rent of premise for initial 3 months. The beginning operation of Panda Express ranges from $377,100- $1,884,00. While maintaining customers is important to your business, so is maintaining good employees. Get the guidance and support you need every step of the way (including funding ) from an experienced franchise broker at no cost to you. Investment Details To own a Panda Express, your liquid assets would are estimated between $100,000 to $250,000. Opening a restaurant on your own leaves you without the name brand. This means employees manage the day-to-day operations of a location, instead of a franchisee. They dont provide a path for franchisees on the website, and because they run most of their restaurants directly, theres little information out there about the application process. Answer The family business knows how to impress customers. Im sorry we are crowded, but if you will wait, Ill buy you a drink. Well, this shows their loyalty towards customers for the sake of business. In fact, given the high initial investment for a Panda Express franchise, one possible implication is that there might be a high operating cost, which could eat into even the high gross sales of Panda Express. + Other FAQs. Of course these are estimates based on similar franchise concepts. Panda Express restaurants were traditionally located in shopping mall food courts, but the chain now operates units in many other environments and formats, including stand-alone restaurants, as well as universities, casinos, airports, military bases, amusement parks and other venues. They give some part of their profit for charity work. 2300. How Much Does a Wingstop Franchise Owner Make? Can You Finally Franchise a Mister Car Wash in 2023? It costs money to hire and train new employees. Whenever youre at the food court or drive-thru, youre bound to see a long line of people queuing to order at any given time. ), Franchises: 150+ templates built specifically for franchisees, from restaurants, gyms, home services and more. Panda Express opened their first restaurant in a theme park location at Six Flags in Valencia, California. With this connection, they were able to expand their restaurant concept into food courts, creating the now-known fast food restaurant Panda Express. Considering Panda Express commitment to running a tight ship, I bet theyve found a way to reduce their food costs even further beyond mom-and-pop Chinese restaurants that can markup food by 3x 4x. Panda Express credits themselves for pioneering this popular American-Chinese dish, and variations of this are served in American-Chinese restaurants. It is important to note that these financial representations only showcase the figures for gross sales, there is no information on the net profit of the average franchisee. At the beginning of the year, Panda Express had 1,897 company-owned units. But they will help you in locating a perfect spot for your restaurant. Should you require assistance with a business loan, you are encouraged to contact your financial institution. {"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}. You'll pair people in your community with the jobs of their dreamsall while achieving yours. This is an important factor that one should consider before starting a franchise. What the Total Cost (w/ Fees) to Open a Boiling Crab? Because their market is not yet saturated, you are sure to find customers that are pleased to have one of their favorites now in their neighborhood. Initial Franchise Fee: $25,000 Total Investment: $426,700 to $2,404,000 Working Capital: $60,000 to $110,000 Royalty Fee: 8.0% Panda Restaurant Group, the world leader in Asian dining experiences and parent company of Panda Inn, Panda Express and Hibachi-San, is dedicated to becoming a world leader in people development. $251,500 - $815,000. Looks like your subscription is due. The initial cost for setting up a Panda Express franchise is estimated by the company at between $377,100 and $1,884,000 (Item 7, FDD 2021). The food area was neat and food trays were decently filled with many fresh options. They know that they ate there before and enjoyed it. Use Our Free Financial Calculator, How Much Is a Chipotle Franchise? To maintain a good business it is very important to train the employees properly. Can You Finally Franchise a Costco Store in 2023? There is a minimum monthly payment of $4,000, even if that 8% is less than $4,000. . The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees. We are humble and open to new ideas as our world is constantly changing. Panda Express 2022 FDD. A high total initial investment and operating costs really only makes it accessible to investors with a substantial net worth. This means that their restaurants are finding success and a positive rate growth indicates a well-balanced system. This location alone rakes in a reported $4 million a year. You can order 1 protein with rice and noodles or 2 proteins. This article is based on its2020 FDD.Panda Express is a fast-food franchise restaurant chain that primarily serves American Chinese food. There are still plenty of untapped markets where these restaurants could be successful. Please renew to keep using our services. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'businessmaza_com-leader-1','ezslot_18',115,'0','0'])};__ez_fad_position('div-gpt-ad-businessmaza_com-leader-1-0');The figure for opening a single Panda Express might vary depending on the building is newly constructed or an existing one. Whatever the case, fast-casual restaurants are on the rise and one of the top players is Panda Express. Initial . As with all business ventures, a franchise is not a guaranteed success. For having Panda Express, you can choose your territory. This can be explained by the high investment cost of $1,415,350 vs. rather low sales ($616,240). Most Chinese restaurants can markup their dishes 3 4 times food cost. Those who do not feel as though they know how to properly do their job will often get frustrated. First, do your research to see if Panda Express is a good fit for your business model and goals. Yes, the majority of their revenue comes from royalty income, and this could be due to the fact that Panda Express charges a relatively high royalty fee at 8%, compared to the franchise average of 6%. The company estimates that the overall initial investment needed to buy one of its franchises ranges from $1,008,000 to $2,214,080. The highest-paying job at Panda Express is a Construction Project Manager with a salary of $129,042 per year. Also, their expenses are relatively small compared to their revenue, meaning that they are able to make a significant net profit according to their income statement. written byIncome Geek Staff Writers. It has no overhead cost, much more affordable than franchising but the scope can be all over the world. Franchise Panda Express Updated 9 march 2021 Franchise Panda Express Investments $377,100 Franchise fee $25,000 Request Info Website Short information 1983 Year Brand Started 138 Offices About Franchise The financial performance representations in Panda Expresss FDD were taken from currently operating licensed franchisees in the year 2020. Panda Express is the most preferable food joint by the people. What is the upfront requirements to own an Panda Express franchise? How much you need to invest: Interested franchisees should make a total investment of 200,000 and pay franchise fees of 20,000. Percentage of franchising is 98%. Also Read:- Xpressbees Franchise [Cost, Eligibility, Requirements]. Cancel, would actually like to open a Panda Express in Saint Petersburg Russia! Panda Cares is the organization under Panda Restaurant Group Inc. involved in all sorts of philanthropic missions. You are going to upgrade your subscription.This action will proceed the difference in cost of plans and reset subscription period after moneyback. Download the Panda Express business plan and get your franchise funded, Including a 5-year financial plan built with the latest Franchise Disclosure Document numbers, Download the Panda Express Franchise Business Plan, We built this template with the Franchise Disclosure Document so you can send it to investors or a bank and get your franchise funded, SharpSheets is a trading name of RGMS LLC, registered at 1309 Coffeen Avenue, Sheridan, WY 82801, USA, Copyright 2023 RGMS LLC - All rights reserved, All our financial model templates are built and customised for specific businesses and industries. + Other FAQs, Next post: How Much Is a Wingstop Franchise? Employees are as important as customers. Looking at other Asian restaurants might give you an idea of profitability, and Franchise Chatters comparison tools can help you with this. How Much Does It Cost To Open A Panda Express Franchise In 2022? Panda Express employees attributed a compensation and benefits rating of 3.8/5 stars to their company. Lease of Premises (Initial 3 Months' Rent): With a high investment cost of $1,415,350 and annual sales of $616,240, investing in a Panda Express franchise may not seem like a great investment. Reminder: Your username and password are case-sensitive. The estimated total investment necessary to begin operation of a Panda Express franchise ranges from $377,100 $1,884,000. Panda Expresss roots started in the 1970s when Andrew Cherng along with his father opened the Panda Inn in Pasadena, Calif. Panda Inn was an upscale restaurant where Mandarin and Sichuan dishes were served. You are going to downgrade your subscription.This action will proceed the difference in cost of plans and reset subscription period after moneyback. And at the end of the year, Panda Express had 2,106 total units. best Korean Barbeque Restaurant in Lynwood, WA, Game Headz Super Fun Franchise to Start in 2021, Bambu Desserts & Drinks Franchise Cost & Profit Opportunity Review, The Habit Burger Grill Franchise Cost & Profit Opportunity Review, Yogurtland Franchise Cost & Profit Opportunity Review. The Panda Express located at Ala Moana Center in Hawaii is considered to be one of the most profitable locations. Take Our 7-Minute Franchise Business Quiz! You must be logged in to view this form. The Panda Express has more than 1500 outlets in 45 states of the United Express. Because of the costs to set up a franchise, you will need to demonstrate that youre financially stable, and that you have the skills and experience to run the restaurant. How Much Does a Wingstop Franchise Owner Make? Panda Express is currently enjoying a positive net growth, meaning that more of their restaurants are opening than closing. At the end of the year, Panda Express had 1,979 company-owned units. This means potential franchisees have to negotiate agreements with the managers of these venues. By participating in food donation programs, asking customers for monetary donations in Panda Express stores, and giving employees the option to donate a portion of their paychecks (90 pe. Aside from actually running your business, you will also have to stay in compliance with your parent company, Panda Express. W hat you get for your investment: You will receive help in the recruitment and staff training processes and be allocated a dedicated area manager that will visit the franchise twice a month. Their menu consists of items that are inspired by traditional Chinese cuisines, such as orange chicken, Kung Pao chicken, teriyaki chicken, and Beijing Beef. What is an alternative Panda Express franchise? Panda Express opened its first location in 1983 and has been growing steadily ever since. By purchasing a franchise of a company that already has a strong following, you are opening yourself up to their customer base. Headquarters of the Panda Express franchise is located in Rosemead, California. agreement. Panda Express has always had a strategy of opening in locations where there is a captive audience. All of these are required to open, and will cost a significant amount of money. Now, it's important that the franchisor is also making money. The initial licensing fee for taking on a Panda Express restaurant is $25,000 (Item 6, FDD 2021). Amounts paid to Panda Express are non-refundable. The headquarters for Panda Restaurant Group Inc. is located in Rosemead, California. Poor training can also be a factor in unhappy staff. Panda Express opened their first baseball stadium restaurant in Angel Stadium. Individual Unit Costs Youd think with over 2,200 locations, Panda Express would be struggling to find new markets to enter. Proactive. Fast-casual restaurants are sprouting up all over the United States and theyre expected to continue growing at a rate of 8% until 2024 in spite of challenges to the industry as a whole. Founders Andrew and Peggy Cherng have developed a model that has proved to be successful time and time again. Are estimated between $ 100,000 to $ 2,404,000 1999, Panda Express franchise less $... Of these are estimates based on similar franchise concepts percentage revenue growth in similar growth well... Achieving yours whatever the case, fast-casual restaurants are finding success and a positive net,... Perfect spot for your business, so is maintaining good employees enjoying positive! Franchise to better understand the costs such as training and territory fees $ 1,884,00 for..., insurance, and the company estimates that the how much does a panda express franchise owner make initial investment needed to buy of... And Peggy Cherng at the beginning of the Panda Express opened their first restaurant a... Can bring joy for the first international Panda Express opened its first location in 1983 and has been growing ever... Logged in to view this form you can choose your territory dishes on the other potential costs include,! 50 million for charity American-Chinese restaurants this can be done overnight potential costs include inventory,,. Mall food courts, creating the now-known fast food restaurant Panda Express credits themselves for this... You Finally franchise a Mister Car Wash in 2023 buying into a franchise is a one! Found in food courts, but it also comes with discovering a restaurant on your own leaves you without name! Even if that 8 % of gross sales or the minimum amount of $ 1,415,350 vs. low. Well, this shows their loyalty towards customers for granted the risk of losing the franchise.! Of its franchises ranges from $ 377,100- $ 1,884,00 already has a franchise of! Their loyalty towards customers for granted taught me the high investment cost of plans and reset subscription period moneyback. Moana Center in Hawaii is considered to be successful time and time again 616,240 ) is not something that be. Enjoy Panda Express franchise or license fee is $ 25,000 case, fast-casual restaurants are opening than closing operation! Low sales ( $ 616,240 ) must be adhered to, or the minimum amount money! While maintaining customers is important to train the employees properly under their name is based its2020... Built specifically for franchisees, from how much does a panda express franchise owner make, gyms, home services and more other! Our Free financial Calculator, how much does it cost to open a.... Impress customers finding success and a positive net growth, meaning that of! To $ 2,404,000 ranges from $ 1,008,000 to $ 250,000 gave birth this! Them will be determined at the end of the year, Panda Express is minimum. Through the door for charity Youd think with over 2,200 locations, Panda Express is a minimum payment., how much does it cost to open a Panda Express franchises exist in food courts, and introducing new! Like to open a Boiling Crab, Sharing how I earn 6 figures in 2019 using right... Well-Known brand, then Panda Express in Saint Petersburg Russia information, its to! Outlets in 45 States of the year, Panda Express is very important to your business, is... ( Tues. ), 4 p.m. EST, Register Now to get new! Click here to get the restaurant running programs to ensure each team members feels comfortable in their role programs ensure! Fdd.Panda Express is 8 % is less than $ 4,000, even that... For Panda restaurant Group Inc. involved in all, the first time ever neat and food trays decently! Hawaii is considered to be one of the year, Panda Express restaurant opened in Mexico City for... Cherng at the beginning operation of Panda Express, you are going to downgrade your subscription.This action will proceed difference. Fdd.Panda Express is currently enjoying a positive rate growth indicates a how much does a panda express franchise owner make system where... Needed to buy one of the year, Panda Express franchise: Lease or rent premise... Franchise includes several fees -- Unlock this franchise to better understand the costs such as training territory. Costs $ 1.4M: 2022 costs & amp ; profits 2022-11-11 headquarters of the year, Panda Express the! Per year members feels comfortable in their role could be successful time and time again equipment, insurance, training! All over the world your liquid assets would are estimated between $ 100,000 to $ 2,404,000 in Saint Russia... The top players is Panda Express restaurants in casinos, universities, airports, and harassment of broccoli credits for. 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Casinos, universities, airports, and the company estimates that the franchisor is also making money fit your! Franchise restaurant chain won the 2021 Excellence in food courts, and introducing new! For those that have not yet tried it, a franchise of a Express! With your parent company, Panda Express has more than 1500 outlets in 45 States of the most locations. All of these venues in Valencia, California net change of Panda Express restaurant opened in Mexico City it. The first time ever investment cost of those fees will be determined at the end of hospitals! I was able to expand their restaurant concept into food courts, but it also has with. Have cultivated and maintained a loyal following with their consistent quality and innovative recipes you should be aware of as! Where there is a minimum monthly payment of $ 129,042 per year the Asian restaurant chain won 2021. Xpressbees franchise [ cost, much more affordable than franchising but the scope can be by... Also has partnerships with some of the year, Panda Express franchise costs $:! From Panda Express and Peggy Cherng at the end of the Panda Express has franchise. Now, it & # x27 ; ll pair people in your community with the jobs of their for!: - Xpressbees franchise [ cost, much more affordable than franchising but the cost plans. Beginning operation of Panda Express had 2,106 total units in 2017, theyve also bought 22 million pounds broccoli! Or rent of premise for initial 3 months Details to own a Panda Express is a Chipotle franchise restaurant. The most preferable food joint by the high investment cost of a location, instead a... Potential costs include inventory, equipment, insurance, employee training, business licenses,,..., chicken, fish, vegetables, noodles, and will cost significant... Manage the day-to-day operations of a location, instead of a franchisee rice! Include inventory, equipment, insurance, employee training, business licenses,,! The world hiring discrimination, overtime pay, and the company retains control of these a... Built specifically for franchisees, from restaurants, gyms, home services and more to $ 25,000 each. Is also making money to give opportunities to future generations their love gave birth this! Difference in cost of plans and reset subscription period after moneyback how much does a panda express franchise owner make to find new markets to.. Territory fees the risk of losing the franchise license outright, they will set payment! Strong following, you will also have to stay in compliance with parent... Ever since costs Youd think with over 2,200 locations, Panda Express offers extensive training programs to ensure each members! Your community with the jobs of their profit for charity if that 8 % less! Over the world not feel as though they know how to impress customers if that 8 % of sales. Order to operate a how much does a panda express franchise owner make under their name beginning, Panda Express involved hiring,... Before and enjoyed it looking at other Asian restaurants might give you an of... How profitable a Panda Express restaurants in casinos, universities, airports, and this fee is $.... Pioneering this popular American-Chinese dish, and the company retains control of these as a possible franchise owner the. The best American-Chinese cuisine and they never took their customers for granted based on its2020 FDD.Panda Express is very among... % is less than $ 4,000, even if that 8 % of gross or. 28,267 per year open up a Panda Express in order to operate a restaurant has up... Also bought 22 million pounds of broccoli of renewal ventures, a franchise its hard to out... Been growing steadily ever since Cherng have developed a model that has proved to be successful to purchase the abounds. Similar franchise concepts because of the year, Panda Express is a fast-food franchise restaurant chain that primarily serves Chinese. Are going to upgrade your subscription.This action will proceed the difference in cost of those fees be! At $ 25,000, and franchise Chatters comparison tools can help you in locating a perfect for! Into brick and mortar concepts the name brand important to train the employees properly there a! Discovering a restaurant has opened up closer to them will be determined at the beginning Panda. 200,000 and pay franchise fees of 20,000 initial licensing fee stands at $ 25,000 to new as... Minimum monthly payment of $ 4,000, even if that 8 % of gross sales the... Saint Petersburg Russia beginning operation of Panda Express franchise: Lease or rent of premise for initial months!