Liquid Capital Required: $125,000
Panda Express is everywhere. The lightning fast-growing chain of American Chinese cuisine has outlets in casinos, shopping malls, supermarkets, airports, train stations, theme parks, stadiums, college campuses, even the Pentagon. It has quickly become the largest chain of Chinese fast food restaurants in the country, with 1,321 locations in 38 states and Puerto Rico, and in 2004 the company began opening stand-alone restaurants, too, with drive-through windows. With delectable dishes like Orange Chicken, Beijing Beef, Kung Pao Chicken and a rule of no added MSG, Panda Express is a brand that sells easy.
Industry: Fast Food Franchises. Panda Express Info Panda Express Stats
Panda Express Franchise Opportunities - Information
Business people interested in owning and operating a fast-paced, friendly restaurant with dependably scrumptious Chinese food would do well to consider a Panda Express franchise. Panda Restaurant Group also owns Panda Inn restaurants, and Hibachi-San.
Panda Express Franchise Opportunities – History
The Panda Restaurant Group, which owns Panda Express, was founded by Andrew and Peggy Cherng, and Andrew’s father, Master Chef Ming Tsai Cherng, who opened their first Panda Inn restaurant in 1973 in Pasadena, California. When they were invited to open a fast-food version of Panda Inn for the Glendale Galleria, Panda Express was born and has steadily spread across the United States since, and even opened two restaurants in Japan, which have since closed. Among its three restaurants, the Panda Restaurant Group, for which Andrew Cherng still serves as co-CEO, brings in annual sales of more than $1 billion and has more than 13,000 employees company-wide.
Panda Express Franchise Cost / Initial Investment / Panda Express Franchise Income
An investment of $125,000 is required to open a Panda Express franchise. Training and support is available through