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Can I buy a Panda Express franchise?
Panda Express chooses to be a corporately owned business which makes the Panda Express franchise opportunity nonexistent. Panda Express is a corporation that consists of Panda Inn, and Hibachi-san, and Panda Express.
How much does it cost to buy a Panda Express franchise?
How much does a Panda Express franchise cost? Panda Express has a franchise fee of up to $25,000, with a total initial investment range of $426,700 to $2,404,000. The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much is the franchise of Max?
How much does a Max's Restaurant franchise cost? Max's Restaurant has a franchise fee of up to $50,000, with a total initial investment range of $343,700 to $1,506,000.
How long has Thai Express been in business?
Thai Express is one of the world's largest Thai food franchises. Founded in 2004, Thai Express took Canada by storm, growing hundreds of locations in the last decade.
What franchise is the most profitable?
Most Profitable FranchisesAnytime Fitness. Anytime Fitness is a popular gym brand with a low-cost investment and high revenue potential. ... McDonald's. McDonald's franchise program is one of the most established in the fast food industry. ... UPS Store. ... Jersey Mike's Subs. ... Dunkin' ... Sport Clips. ... 7-Eleven. ... Papa John's.
How much is it for a Starbucks franchise?
Initial Start-Up Funding The average cost to license a Starbucks store is $315,000. You'll also need $700,000 in liquid assets to be considered.
How much does it cost to get KFC franchise?
To start a KFC franchise in India, you may require an investment of 1 to 2 crores with a 1,000 – 1,500 Square feet commercial space that meets their guidelines. And there will be a 4-5% royal commission on the actual sales.
Does Remax have a franchise fee?
Total Investment: The total investment necessary to begin operation of a “Remax” franchise ranges from $40,000 – $284,400. Initial Fees: Initial franchise fee: $17,500 – $35,000.
How much does a Yellow Cab franchise cost?
Franchise Fee: PHP 1,250,000.
How many Thai Express locations are there?
The Thaï Express brand is owned by the MTY Food Group....Thaï Express.Thai Express at York UniversityHeadquartersMontreal, Quebec, CanadaNumber of locations299Area servedCanada, United Kingdom, United Arab Emirates, United States7 more rows
How much is Tim Horton franchise?
How Much Does It Cost to Open a Tim Hortons?Name of FeeLowHighInitial Franchise Fee$25,000$50,000Real Estate Taxes, Personal Property Taxes and Common Area Maintenance Charges$1,000$70,000Equipment$20,000$435,000Real EstateVaries10 more rows•Jul 29, 2022
Who invented Thai Express?
Thai Express is a chain of restaurants serving Thai cuisine....Thai Express.TypePrivateIndustryRestaurantsFounded2002 in Holland Village in SingaporeFounderGrace Goh-Lee and Ivan LeeNumber of locations69 restaurants (2011)6 more rows
How much does franchise owner make?
Franchise Business Review found that the average annual pre-tax income of franchise owners in America is $80,000. Only 7% of franchise owners make more than $250,000 annually, and 51% earn less than $50,000.
Who Owns Panda Express?
Panda Restaurant GroupPanda Express / Parent organizationPanda Restaurant Group, Inc., parent company of Panda Inn, Panda Express and Hibachi-San, was founded by Andrew and Peggy Tsiang Cherng and Andrew's father, Master Chef Ming-Tsai Cherng, the family originating in the Yangzhou region of China's Jiangsu province. Wikipedia
Is Panda Express a chain or franchise?
Panda Express is a fast-food franchise restaurant chain that primarily serves American Chinese food.
How much money do you need to open a Chipotle franchise?
Estimated Chipotle Franchise CostType of ExpenditureEstimated AmountLowHighChipotle Franchise Fee (if they franchised)$20,000$25,000Real Estate Purchase or Lease(may vary substantially based upon the location)Site Preparation and Completion Costs$150,000$400,00011 more rows•Jul 19, 2022
What does a Thai Express Franchise Cost?
The cost to own a Thai Express begins with the minimum liquid capital requirement of $150,000. The franchise fee is $30,000. The total investment is between $342,900-$758,700 and varies dependent on the franchise model (mall food court or freestanding restaurant). The franchise fee for multiple units can be discounted if certain conditions are met.
What is Thai Express?
It is their belief that great food can only be made from the finest and freshest ingredients. The architects of Thaï Express food restaurant have recognized that now is the time to capitalize on this attractive concept. Marrying the notion of quality Thai cuisine with the ability to serve clientele in a fast-paced environment is the perfect combination for a winning Thai quick service restaurant.
Is Thai Express in high demand?
Market analysis confirms that Thai Express franchises are very positively forecasted and received in all markets targeted. Currently, the franchise is in very high demand due to positive feedback and increased market exposure.
Is Thai Express open minded?
Thai Express franchisees all share the same passion. We are looking for dynamic, open-minded individuals or groups that have good organizational skills and experience, as well as the ability to motivate others to accomplish great things as a team. If you think you are one of these individuals and you are prepared to invest your money in a project that can make full use of your talents, this may be the business opportunity you have been waiting for.
About Franchise
Coming to America: One of the largest quick casual Thai food franchises that took Canada by storm
Training and Support
Training and support, freshly made dishes and high-quality, visible marketing and branding make a winning system
Partner Requirements
We are seeking investors with a minimum of $150,000 liquid assets and a total of $400,000 net worth. A solid history of restaurant and hospitality experience is preferred, plus a passion for hospitality and food is a must.
Area Requirements
We have restaurant models for in-line stores as well as mall food court models. This allows for franchise owners who desire to lease to eliminate the cost expenditure of purchasing land or property and the related time-consuming steps and processes such as obtaining permits or contracts.
How much does a Thai Express franchise make?
Franchise profits depend on a number of variables, including local demand for your product, labor costs, commercial lease rates and several other factors. Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 7 franchised Thai Express locations in the USA.
Are there any Thai Express franchise opportunities near me?
Based on 2020 FDD data, Thai Express has franchise locations in 6 states. The largest region is the South with 3 franchise locations.
Do they provide any initial training and opening assistance?
Yes, they have an initial training program of 200 hours. This includes 40 hours of classroom training and 160 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.
Do they have computer and technology support in place?
Yes. Thai Express offers comprehensive support for franchisees. Unlock this franchise to find out more details.
When did they begin franchising?
They began franchising in 2015. The average Ethnic franchise began franchising in 2011.
Do they offer financing support?
Yes, you can also click here to fill out our affordability calculator and understand your financing options.
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Thai Express franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Franchise 500 Ranking History
Compare where Thai Express landed on this year’s Franchise 500 Ranking versus previous years.
Who we are
Thai Express is relatively new in the U.S. market and has done very well in Canada. These restaurants are often found in mall food courts or serving as endcap or in-line models, some with drive-through lanes.
Why choose Thai Express?
There is huge demand in the U.S. market for quick-service healthy food and for Asian food. Combine both Asian and healthy, and you get Thai Express. Since it is fairly new to the U.S. market, franchise owners have the chance to establish geographical dominance and to make their mark.
Who we're looking for
The ideal candidate to open a Thai Express franchise would be financially stable and have a passion for healthy quick-serve food and Thai food. Thai Express operates by four core principles: customer experience, mutual respect, Thai heart - or integrity, and quality.
Training and Support
Comprehensive training includes five days of in-class instruction and 11 days of in-store training.
You've Got Taste
- Thai express is the leading Thai quick-service restaurant in North America.Our success is rooted in combining traditional Thai cuisine with new-worlddesign and flavors. We strive for excellence and take great pride in the food that we prepare. Itis our belief that great food can only be made from the finest and freshestingredients.
Why Thai Express?
- Exotic flavors have been heating up Canada since 2004, making Thaï Express theleading Thai quick-service in the world. The Explosion of Thai Express onto the quick-service restaurant market hasresulted in the opening of new locations every year. Thaï Express has beenbusy expanding and currently has 270+ locations across North America andInternationally. New locations are poppin…
Long-Term Growth Opportunity
- Thai cuisine and related products are conclusively increasing in popularityand reputation. Market analysis confirms that Thai Express franchises are verypositively forecasted and received in all markets targeted. Currently, thefranchise is in very high demand due to positive feedback and increased marketexposure.
Interesting Data
- When asked what international foods would you like to see more of in a SimonFraser University survey, 48.14% of the respondents specified Thai.* From 2004 to 2009, Asian cuisine (excluding Chinese) experienced the thirdlargest Common Average Growth Rate in market share at 3.3% with respect to thepurchase of ethnic food in the U.S. Asian cuisine also held the third largestmarket …
Ready For A Challenge?
- Thai Express franchisees all share the same passion. We are looking fordynamic, open-minded individuals or groups that have good organizational skillsand experience, as well as the ability to motivate others to accomplish greatthings as a team. If you think you are one of these individuals and you areprepared to invest your money in a project that can make full use of yourtalents, this …