This location is in one of the top Santa Clara shopping center locations. With 15% cash down or $55,350 SBA will finance the balance at competitive rates.   The franchisee does not run the store and has a general manager so there is lots of upside for increased sales and profits for a hands on owner operator.  Some of the major equipment include as follows:  walk-in refrigerator, walk-in freezer, stainless steel table with sink, 2 Globe meat slicers, ice maker, 2 TV's, POS system, microwave, oven/microwave, 2 under counter refrigerators, Alto-Sham and steamtable holding unit, etc.  The financials include profits after all expenses including the 5% royalty fee to the franchisor and the 3% marketing fee to the franchisor.  This store will be required to be remodeled towards the end of the year and the seller is already making some improvements to the store in anticipation of this requirement. This Togo's franchise has been owned by the same franchisee for many years and he is looking to retire.

General Info

  • OrganizationCorporation
  • EstablishedContact for Info
  • Current OwnerContact for Info
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating20 inside / 12 outside
  • Square Feet1,266
  • ParkingParking lot in shopping center
  • LicensesBusiness, Togo's Franchise
  • Open Hours7: M-F 10a-8:30p; SA 10a-8p; S 11a-8p

Lease

  • Rent$9,955 all inclusive (includes NNN charges)
  • Expiration4/30/27
  • Yearly IncreaseFixed increases
  • Option5 years
  • DepositContact For Info

Financials

  • Monthly Revenue$60,549
  • Monthly Cash Flow$14,122
  • Annual Revenue$756,592
  • Annual Cash Flow$169,462
  • PayrollContact for Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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.

Location