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Established Togo's Franchise in Shopping Center with $89,700 Profit
San Francisco Bay Area, California

Asking Price

$195,000

Office Listing #

2829
Revenue $53,765 / month Lease Rent 6,225 all inclusive
Cash Flow $7,475 / month Square Feet 1750
Direct Link www.restaurants-for-sale.com/25579

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. Togoís has been recently named #35 on Nationís Restaurant News annual list, ranked ahead of brands like Subway, Jersey Mikeís, Firehouse Subs and Jimmy Johnís, and is also a part of Entrepreneur Magazineís 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.

General Information

Organization Sole Proprietorship
Year Established Contact For Info
Current Owners Contact For Info
Employees Contact For Info
Operating Hours 7 / S-TH 10a-8p F,SA 10a-9p
Reason For Sale Other Interests
   

Facilities

Seating 20 approx
Square Feet 1750
Parking Parking lot
Licenses Business
   

Financials

Revenue $53,765 / month
Cash Flow $7,475 / month
Payroll Contact For Info
Inventory Contact For Info
FF & E Contact For Info
 
 

Lease

Lease 6,225 all inclusive  
Expiration 7/31/2019  
Yearly Adjustment CPI with 2% floor  
Option 5 years  
Deposit Not Available  
     

Financing

Down Payment Contact For Info  
All Cash Contact For Info  
Note Balance Contact For Info  
Term of Note Contact For Info  
 
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Listing Contact

Steve Zimmerman
Restaurant Realty Company
phone: 415-945-9701
fax: 415-945-9702

www.restaurantrealty.com

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The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Restaurants For Sale Online, LLC has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness. Read the disclaimer before responding to any ad.

 
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