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For Sale: Togos Sandwich Shop Franchise - Santa Clara County


Current Status: Active     Posting #: 255132     Last Refreshed: 2/18/20    
Contact: Michael Floorman At 408-385-0412  -  Also Email This Contact Below
Price:  $350,000     Down:  $150,000     Adjusted Net:  $109,327     Revenue:  $773,247    
Attributes:  Training & Support     Cooperation With Brokers?  Call
Santa Clara County Togos Sandwich Shop Franchise Business For Sale Togos Sandwich Shop Franchise Company For Sale

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  Description About This Posting: Togos Sandwich Shop Franchise
There has been a Togo's Deli Franchise at this location since 1982 and the current owner is only the second owner in 37 years. The business has maintained gross revenues for the past three years at + three quarters of a million dollars each year and can use some fresh incentives such as expanding catering to local businesses and community development. The potential here is for plus 1 million in gross sales and +150,000 in adjusted net income. The monthly gross lease rate (no NNN)is very reasonable @ 2.75 per sq. ft. for a retail end cap location compared to area retail rents.

2018 Sales: $773,247
Purchase Price: $350,000
Down Payment: $150,000
Includes $6,500 Inventory.
12 month Cash Flow: $109,327 as of Dec 2018 from 1120 Federal Tax Return (3 year average +123,000).
Building Size: 1,650 sq. ft.
Rent $4,538 per month. NNN: $0.
Lease Expires 1/11/2020. Option: f/5 Years
Employees 1 full-time, 10 part-time, 1 part-time Owner.
Reason For Sale: Leaving Business
Hours: Monday - Thursday + Sunday: 10:30am - 8:00pm. Friday - Saturday: 10:30am - 9:00pm.

Ask for Listing # 8687

To get more information about this Togos Sandwich Shop Franchise business for sale in Santa Clara County please phone Michael Floorman (Broker - BRE License #:01160661) at 408-385-0412 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #255132 on BizBen.com. In addition to phoning Michael Floorman, make sure you email Michael Floorman above to get more info about this Togos Sandwich Shop Franchise, to ask any questions or request an appointment to see this business for sale. Thank you.

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