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.

General Info

  • OrganizationLLC
  • Established1999
  • Current Owner2015
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating20
  • Square Feet1,850
  • ParkingParking Lot
  • LicensesHealth Permit and Business License
  • Open Hours10am - 8pm Monday - Saturday; 10am - 3pm Sunday

Lease

  • Rent$9,136.66 (All Inclusive)
  • Expiration2024
  • Yearly IncreaseContact for Info
  • OptionTwo 5 Year Options
  • Deposit$4,625

Financials

  • Monthly Revenue$46,511
  • Monthly Cash FlowContact for Info
  • Annual Revenue$558,139
  • Annual Cash FlowContact For Info
  • Payroll$Contact for Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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