Magic Wok vs Panda Express Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Magic Wok vs Panda Express including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Magic Wok Franchise
Panda Express Franchise
Investment $95,000 - $150,000$377,100 - $1,884,000
Franchise Fee $12,500N/A
Royalty Fee 5%-
Advertising Fee 3%-
Year Founded 19831983
Year Franchised 19911983
Term Of Agreement 10 years +10-
Term Of Agreement 10 years +10-
Renewal Fee --


Business Experience Requirements
 
Magic Wok Franchise
Panda Express Franchise
Experience --

Financing Options
 
Magic Wok Franchise
Panda Express Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Magic Wok Franchise
Panda Express Franchise
Training Toledo, OH 3-4 Weeks-
Support Field Operation Evaluation

Field Training

Initial Store Opening

Inventory Control

Regional or National Meetings

800 Telephone Hotline

-
Marketing --
Operations Average Number of Employees: 2 Full-time, 8 Part-time

Passive Ownership: Allowed, But Discouraged

-

Expansion Plans
 
Magic Wok Franchise
Panda Express Franchise
US Expansion Yes-
Canada Expansion --
International Expansion Yes-

Company Overviews

About Magic Wok

Quick-service, made-to-order, hot oriental concept. Stand alone, mall, drive-thru, delivery, school lunch and other non-traditional operations. Low barrier to entry, high return on investment. Domestic and international.

About Panda Express

"Panda

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. We do not offer franchises at this time.