Business Overview:
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.
RRC#: 4240
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Property Features and Assets:
General Information: Organization: LLC ; Year Established: 1999; Employees: Contact for Info.
Financial Information: Monthly Revenue: $46,511; Monthly Cash Flow: $ Contact for Info; Annual Revenue: $558,139; Annual Cash Flow: $ Contact for Info; Annual Payroll: $ Contact for Info; Monthly Rent: $9,136.66 (All Inclusive); Expiration: 2024 plus Two 5 Year Options.
Facilities: Square Feet: 1,850; Seating: 20; Parking: Parking Lot;
Days/Hours of Operation: 10am - 8pm Monday - Saturday; 10am - 3pm Sunday.
Reason for Selling:
Other Interests
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
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