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.
Related Links And Information Regarding This Posting
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McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
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.
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