Anytime Fitness vs Panda Express
Franchise Comparison 2026
Anytime Fitness is a health & fitness franchise, while Panda Express operates in quick-service restaurants. Anytime Fitness requires an investment of $539K – $905K while Panda Express requires $515K – $3.3M. In terms of revenue, Panda Express reports higher average unit revenue at $1.6M. Anytime Fitness has SBA lending data on file with a 11.7% charge-off rate. FranchiseVerdict rates Anytime Fitness A (Strongest tier) and Panda Express A (Strongest tier).
| Metric | Anytime Fitness | Panda Express |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | AStrongest tierStrongest tier |
| Investment Range | $539K – $905K | $515K – $3.3M |
| Franchise Fee | $43K | $25K |
| Royalty Rate | Flat $842/month per center (not currently percentage-based); franchisor may convert to up to 8% of Gross Revenue with 30 days' notice | 8.0% |
| Average Revenue (Item 19) | $447K | $1.6M |
| SBA Charge-Off Rate | 11.7% (1108 loans) | Limited data |
| Total Units | 2,282 | 2,502 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2002 | 1995 |
| FDD Year | 2026 | 2025 |
Investment Range
$539K – $905K
$515K – $3.3M
Franchise Fee
$43K
$25K
Royalty Rate
Flat $842/month per center (not currently percentage-based); franchisor may convert to up to 8% of Gross Revenue with 30 days' notice
8.0%
Average Revenue (Item 19)
$447K
$1.6M
SBA Charge-Off Rate
11.7% (1108 loans)
Limited data
Total Units
2,282
2,502
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2002
1995
FDD Year
2026
2025