Description About This Posting: Togos Deli 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.
To get more information about this Togos Deli 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 Deli Franchise, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
Cheryl is a business owner herself, Over 20 years bar/restaurant experience, and a law degree she's well-versed in real estate rules, regulations and best practices. She works tirelessly to create successful strategies and effective negotiations for those wishing to sell or purchase their business.
Assisting both sellers and buyers of businesses - dealing mainly with Liquor Stores, Grocery Markets, Gas Stations, Smoke Shops, Restaurant Related, Retail Related, Service Related. Serving SF Bay Area, North Bay, Sacramento area. Call Harry Sidhu, CBB for assistance at 510-366-6130.
Professionals who understand the importance of world class business brokerage service and the value it can create. Specializing in assisting sellers and buyers with retail stores, restaurants, hospitality & lodging, manufacturing operations, distribution companies, e-commerce and service businesses.
I have provided legal counsel to business buyers, sellers and brokers for over 17 years. With prior experience as a business broker and SBA loan officer, Joe brings both a practical and legal approach to all aspects of the business acquisition process. Please phone 916-672-8018 for more info.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
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