Panda Express vs ANDY'S FROZEN CUSTARD
Franchise Comparison 2026
Both Panda Express and ANDY'S FROZEN CUSTARD are quick-service restaurants franchises. Panda Express requires an investment of $515K – $3.3M while ANDY'S FROZEN CUSTARD requires $1.1M – $2.9M. In terms of revenue, Panda Express reports higher average unit revenue at $1.6M. FranchiseVerdict rates Panda Express A (Top Quintile) and ANDY'S FROZEN CUSTARD A (Top Quintile).
| Metric | Panda Express | ANDY'S FROZEN CUSTARD |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | ATop QuintileTop Quintile |
| Investment Range | $515K – $3.3M | $1.1M – $2.9M |
| Franchise Fee | $25K | $32K |
| Royalty Rate | Greater of 8% of Gross Volume or $4,000 per 4-week period | 6.0% |
| Average Revenue (Item 19) | $1.6M | $1.4M |
| SBA Charge-Off Rate | Limited data | Limited data |
| Total Units | 2,502 | 147 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2004 | 2004 |
| FDD Year | 2025 | 2024 |
Investment Range
$515K – $3.3M
$1.1M – $2.9M
Franchise Fee
$25K
$32K
Royalty Rate
Greater of 8% of Gross Volume or $4,000 per 4-week period
6.0%
Average Revenue (Item 19)
$1.6M
$1.4M
SBA Charge-Off Rate
Limited data
Limited data
Total Units
2,502
147
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2004
2004
FDD Year
2025
2024