$199,000.00
Asking Price
Status: Active
Posting ID: 280008
1/25/24
Description
A well-established, fully upgraded in 2023 to a new look, Togo's Sandwiches Franchise is in the most active location in Alameda County, California. A quiet bit of vehicles & foot traffic hit the spot. Big-name entities surround the site and are a few blocks from Freeway 580. The current menu serves sandwiches, salads, chips, drinks, etc., fully staffed with high-quality employees.
The absentee owner is doing exceptionally well. The manager's salary is around $50k annually, which the hands-on owner-operator can add to profit. It is a golden opportunity for a hands-on owner-operator to take this business to the next level. It has very consistent reviews & a significant following in the community, making this business a must-have for restaurant buyers. Do not disturb the employees.
* Square Foot: 2200 | Ample Parking | Free Standing Building | Asking price $279,900 Plus Inventory
* Rent:2024 - 2026 $5500+ Taxes | 2027-2028 $5750+Taxes | 2028-2029 $6000+Taxes (Total: $6400 month)
* Lease: Expires-2029.
* Franchise Royalty: 8% | Franchise transfer fee between $8-$10k. The buyer pays for it.
* Training: 4 weeks, a combination of store and web.
* Seats: Dining 40+ and 30 outdoor patios.
* Licenses Required: Health permitting, seller permit, & franchise contract
* Hours: 10 am-8 pm (7 days)
* Employees: 1 full-time & 10 part-time.
* Revenue: Seller claims it's around $600k per Year. It will be more profitable if hands-on owners run it. The brand owner is expecting a 10-15% increase in sales due to the new upgraded look of the store.
*Please sign the NDA attached below. Proof of funds is needed to initiate the process.
Togo's Brand: There are 159 Togo's stores in the United States as of February 03, 2023. The state with the most Togo's locations in the US is California, with 151 stores, about 95% of all Togo's stores in the US.
All information contained in this offering memorandum resulted from representations by the seller. The listing broker Manjit Singh cannot and will not verify the accuracy or completeness of any information. Sellers and Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.
To get more information about this Togo's Sandwiches Franchise - Upgraded Decor business for sale in Alameda County please phone Manjit Singh, Business Broker (Intermediary, Agent - BRE License #:01291808) at 510-417-9429 Cell and 209-627-0075 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #280008 on BizBen.com. In addition to phoning Manjit Singh, Business Broker, make sure you email Manjit Singh, Business Broker above to get more info about this Togo's Sandwiches Franchise - Upgraded Decor, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01291808. Manjit Singh | Broker | 01291808 |.
Contact
Details
Asking Price: $199,000.00
Down: $199,000.00
Cash Flow: Call/Email
Revenue: $600,000.00
Area: Alameda County
City: None Given
Attributes:
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