Chinese cuisine has a long history featuring unique flavors and exquisite cooking methods. Opening a Chinese food franchise delivers a distinct mix of Asian aroma, color, and culture to your customers. Chinese food joints up for franchising offer a range of options for their services, from à la carte meals to buffets. With the right restaurant marketing strategies, you can successfully open and run a Chinese food franchise. Take a look at this list of three Chinese food franchises opportunities to help you decide your next business venture.
P. F. Chang’s China Bistro
P. F. Chang’s China Bistro has over 170 full-service restaurants across the US. This Chinese restaurant promises to serve intensely flavored and highly memorable recipes hailing from the Far East. Food choices include Cauliflower Tempura, BBQ Spare Ribs, Edamame, Chili-Garlic Green Beans, and an array of dim sum flavors.
This restaurant grants exclusive Development and Licensing rights to several countries. Do a cost analysis at franchiseknowhow.com to see if franchising this restaurant is within your budget. Entrepreneurs considering to open up a P. F. Chang’s in Argentina, Chile, Eastern Canada, Mexico, the Philippines, Qatar, the United Arab Emirates (UAE), and other applicable countries may apply for a franchise agreement. The exclusivity of these privileges means that other locations not listed in the restaurant’s franchise terms and conditions cannot put up a branch.
Interested franchisees may submit the following requirements for consideration to become a potential developer:
Proven and successful track record of a significant amount of casual dining or retail experience.
A promise to develop and operate a P. F. Chang’s China Bistro Branch for a period of over five to ten years.
Access to a sufficient amount of capital and capable workforce.
Panda Express first opened its doors in Glendale, California back in 1983. It started as a family’s inspiration now turned into an international sensation. This Chinese restaurant offers dishes coming from different categories like entrées, side dishes, desserts, and a collection of “Panda Favorites.” Customers may choose from an array of Asian food recipes like:
- Orange Chicken meal with Fried Rice
- String Bean Chicken Breast and Broccoli Beef with Brown Steamed Rice and Super Greens
- Wok-Fired Shrimp
- Chicken Potstickers
- Cream Cheese Rangoon
- Chocolate Chunk Cookie
If you’re seeking to become a franchisee of Panda Express, the initial cost for the licensing fee is USD 25,000, and it’s non-refundable. Many business owners prefer entering the restaurant industry by writing food truck business plans because less owners make startup mistakes when operating food truck businesses. However, the startup costs of opening a Panda Express could be worth it. The lease for the first three months depends on the different venues across the US. These fees can be anywhere from USD 10,000 to USD 425,000. Still, the standard Panda Express Restaurant is about 500 to 1,500 square feet in land area. You may also want to hire a franchise attorney to help you in understanding these costs.
Other costs to successfully put up a Panda Express restaurant include furniture, equipment, supplies, initial inventors, computers with dedicated software packages, initial training expenses, and insurance.
Din Tai Fung
Din Tai Fung started its business as a cooking oil retail company back in 1958. The brand transformed its business model in 1972 and turned it into a noodle restaurant. Now, it has branches in several locations across the globe, including South Korea, China, Singapore, Australia, Thailand, and the US. This Chinese restaurant promises its customers a traditional “taste of Taiwan” for every bite.
While still bringing a variety of noodle-based dishes, this restaurant has food choices in different categories like soups, dumplings, and fried rice. Specific menu items are gluten-free and vegan-friendly. Customers can choose Din Tai Fung dishes like:
- Cucumber salad
- Soy noodle salad
- Shrimp fried rice
- Pork chop fried rice
- Sweet taro xiaolongbao
- Braised beef noodle soup
- Boneless chicken noodle soup
Awarded with a one Michelin Star, numerous benefits await interested franchisees. While all popular restaurants can be considered great franchises to invest in, Din Tai Fung may be one of the best. However, Din Tai Fung may be one of the most difficult Chinese food franchise opportunities to acquire. A 2011 report from Forbes magazine stated that its headquarters obtains and turns down as many as 20 franchise applications per week.
Details regarding the franchise application requirements for Din Tai Fung are scarce. It’s best to contact the headquarters through their website for any franchising inquiries like costs, preferred locations, and terms and conditions.
Your success as a franchisee of a particular Chinese food restaurant depends on several factors. Even though you’re now part of a popular Chinese restaurant chain, it doesn’t mean that your menu items will fly off the shelves without any help. Improve your entrepreneurial skills, follow the system suggested to you by your franchisor, and always formulate an actionable plan. Also, keep a watchful eye on the food industry to know the right time when to put up your next Chinese food establishment in your desired location.