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Location: East Contra Costa County Working Owners: 1 PT Employees: 1FT, 12 PT Licenses Required: Business, Health Permit Facilities (approx): 1,500 sq. ft Monthly Rent: $4,417 total Term: Expires 7/15/09 Options: 1 @ 10 years Seller Financing: Seller may be willing to finance Reason for Sale: Retiring FF & E (approx): $30,000 Ownership Structure: C-Corp Seating: 26 inside, 16 outside 2010YTD Sales: $207,745 2010YTD SDE: $38,977
THE COMPANY Togo s has been the Northern California leader in the sandwich business for decades. Lots of Subway s and Quizno s are for sale but Togo s don t sell very often because franchisees are happy with their businesses. This opportunity is available because the current semi-absentee owner is downsizing his business interests preparing for retirement. Corporate Togo s has a new owner as of December 2007 and is now locally owned, a huge benefit for the franchise and franchisees. HIGHLIGHTS #1 Sandwich Franchise Semi-Absentee Run Beautiful Build Out Long Term Reasonable Lease 10 Years Left on the Franchise Agreement
GROWTH This business is positioned in a growing area of East Contra Costa County where people value good food at reasonable prices. It is near a local hospital and other businesses from which to draw business. As a full time owner/operator there are many savings to be had in labor costs, product costs and associated business expenses.
Please refer to listing ID: 2863-RC
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