Seller's Contact Information
- RE: Long Established TOGO's Franchise In Busy Bay Area
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
Asking Price: | $120,000 | |
Annual Revenue: | $558,139 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1999 | |
Employees: | Not Disclosed | |
BBN Listing #: | 615711533 | |
Broker Reference #: | 4240 |
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 homebased business opportunity.
- This is a franchise resale opportunity
Documents:
Relevant Links:
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