Long Established TOGO's Franchise in Busy Bay Area Shopping Center
RRC#: 4240
Asking Price: $149,900
Location: Bay Area, California
Annual Revenue: $558,139
Annual Cash Flow: Contact for Info
Monthly Rent: $9,136.66 (All Inclusive)
Expiration: 2024 plus Two 5 Year Options
Listing Description:
Long-established, popular Togo's sub sandwich franchise for sale in an affluent Bay Area community. Togo's has been in business for 50+ years, and this location has been open since 1999. The menu features hot and cold sandwiches, wraps, salads, and soups. The owner is semi-absentee, and has not focused on catering. There is a huge opportunity for a new owner/operator to grow catering sales in local schools and the companies in the nearby area.
The sub shop is situated within the go-to shopping center of the area, which includes Safeway, CVS, Pet Food Express and Starbucks among their anchor tenants. Within a ten-mile radius of the business, the population is 1,039,349, and the average household income is $169,890.
This business is priced to sell, with a sale price based on pandemic sales. As sales are currently trending in the direction of pre-pandemic numbers, this is a great opportunity for the right buyer. Sales thus far in 2022 are up 20% over 2021. 2019 revenue was $641,187 and the cashflow was $90,257.
The store is a turnkey operation: it was recently remodeled, and is fully staffed.
General Information:
Organization: LLC
Year Established: 1999
Employees: Contact for Info
Reason For Sale: Other Interests
To get more information about this Franchise Sandwich Restaurant - Semi Absentee Run business for sale in
San Francisco Bay Area please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 888-995-9701 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #274079 on BizBen.com. In addition to phoning
Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this
Franchise Sandwich Restaurant - Semi Absentee Run, to ask any questions or request an appointment to see this
business for sale. Thank you. License # 01310250. Restaurant Realty Company.
Related Links & Information Regarding This Posting
Attributes: Broker-Broker Coop, Semi Absentee Run, Training And Support
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