PANDA EXPRESS vs Subway
Side-by-side franchise health, sourced from each brand's FDD Item 20. Green marks the stronger figure.
3-yr units
+8.0%
Net unit growth
-6.8%
79
Exit quality
65
100
Transfer / churn
57
STABLE 5
Distress
STABLE 28
$25K
Franchise fee
$15K
$515K
Investment from
$263K