Citadel Panda Express, Inc. offers licenses to qualified applicants to develop and operate a Panda Express restaurant featuring on-premises dining and carry-out of gourmet Chinese and other Asian food items, beverages and other related menu items.
Company Background
Panda Express is a fast-casual restaurant chain which specializes in Americanized Chinese cuisine. The company was founded on July 7, 1983 by Andrew Cherng and his wife Peggy. The Panda Express menu features various entrees such as Orange Chicken, Beef Teriyaki Bowls, Chow Mein Noodles and more. With over 1 million dishes served each day at its restaurants nationwide, Panda Express has established itself to be one of the most popular Asian food chains in America
Franchise Opportunity
Chinese food is one of the most popular cuisines in America, but it can be hard to find good takeout or delivery. Panda Express makes delicious Chinese food that you can enjoy at home! Our team has been perfecting our recipes for over 40 years and we are now ready to share them with your customers. We would like to offer you a license agreement where you will become the exclusive Panda Express restaurant operator within a specified radius of your location. We have already established relationships with many real estate development companies throughout North America who are interested in working with us on this opportunity. This means that if you accept our offer, they will do all the heavy lifting when it comes to finding sites for new locations and negotiating lease agreements so that all you need to do is start making money! The only thing we ask from you is an initial $25k payment plus 10% of gross sales until we recoup our investment (about 2 years
Corporate Structure
Citadel Panda Express, Inc. was incorporated in the State of California under the name Citadel Panda Express, Inc. on October 25, 1990. Their principal place of business is at 1683 Walnut Grove, Rosemead, California 91770.
Earnings Transparency
7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. QSR Industry
$1,200,446 / unit
Franchise Type: Standard
Average Revenue During 2019
$1,200,446
$369,349 Industry Low
$2,179,984 Industry High
Franchise Types Available
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Type
Investment
Fees
Employee Contact Database
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Name
Position
Phone Number
Email Address
Distribution of Panda Express Franchisees
Panda Express Franchise System Development in 2022
FAQ
How much investment do I need to start my own Panda Express business?
Franchisees typically require at least $510 to $3 investment to get their Panda Express business started
What are the initial franchise fees for Panda Express?
Franchisees typically need to pay at least $25 in fees directly to Panda Express in order to earn the right to launch their business
How much money can I make with a Panda Express franchise? What are
the average revenues for a typical Panda Express business?
We estimate that the average revenue of an individual
Panda Express unit is approximately
$1,200,446. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Panda Express unit? What
is my contractual commitment?
Panda Express franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
1 /10
The Franchisor's investment costs ranges from
$510,000 to $3,268,000
which is
Much Higher
than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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