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Togo's Franchise Great Location & Easy To Operate!!

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

Industry:  Food and Beverage
Industry Segment:  Restaurants
Geography:  United States > California > East Contra Costa County
Asking Price:  $239,000
Gross Revenue:  $491,353
Cash Flow:  $77,765
Value of Equipment:  $30,000 (Included in Asking Price)
Franchise:  Yes
Email:  michelle@abi-ma.com

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