Togo's Sandwiches Franchise, Excellent Location , 580 Corridor

Alameda County, CA
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Asking Price:$149,900
Gross Revenue:$600,000
BUSINESS DESCRIPTION

Sandwich Franchise in Alameda County, California

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 the 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
* 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 permit, 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.

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.

*Please sign the NDA attached below. PROOF OF FUNDS IS NEEDED TO INITIATE THE PROCESS.


DETAILED INFORMATION
Location
Alameda County, CA
Inventory
Not Included in asking price
Employees
6
Competition
The absentee owner is doing exceptionally well.
Growth & Expansion
The brand owner is expecting a 10-15% increase in sales due to the new upgraded look of the store.
Support & Training
4 weeks, a combination of store and web.
Reason for Selling
Time Management
Franchise
This business is an established franchise
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Manjit
Singh
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Manjit Singh