* Included in Asking Price
Established Togo's Franchise In Shopping Center With $89,700 Profit
Asking Price: $195,000
Location: Greater Bay Area, San Francisco Bay Area, California
Yearly Revenue: $645,180
Yearly Cash Flow: $89,700
Monthly Rent: 6,225 all inclusive
Togo's is a long standing West Coast sandwich franchise founded in 1971 in San Jose, serving big, made-to-order sandwiches stuffed with the freshest ingredients. Its legendary quality has built an extremely loyal following for over 40 years, with almost 300 stores open & more in development. Togo’s has been recently named #35 on Nation’s Restaurant News annual list, ranked ahead of brands like Subway, Jersey Mike’s, Firehouse Subs and Jimmy John’s, and is also a part of Entrepreneur Magazine’s Franchise 500. This established Togo's Franchise is in a popular shopping center near major big box retailers and has been in business for over 15 years in the same location. One key, positive development is the spring 2018 opening of a major grocery anchor tenant right next to this location, which should drive significant increases in foot traffic and store sales. The owner is quasi-absentee and a hands-on owner operator could have a meaningful impact on increasing sales and reducing expenses on an already profitable business. The rent is all inclusive and includes garbage, CAM, insurance, management fee and property taxes. This business is a great opportunity for growth, while allowing for lifestyle flexibility.
Organization: Sole Proprietorship | Seating: 20 approx | Square Footage: 1750 | Parking: Parking lot | Licenses Required: Business | Days Open/Hours: 7 / S-TH 10a-8p F,SA 10a-9p | Reason For Sale: Other Interests |
Yearly Revenues: $645,180 | Yearly Cash Flow: $89,700 |
Monthly Rent: 6,225 all inclusive | Lease Expiration: 7/31/2019 | Yearly Adjustment: CPI with 2% floor | Lease Option: 5 years
Seller Reference #2829
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