Togo's Franchisor LLC
#179

Initial Investment

LOW: $239,700
HIGH: $501,000

Change in Units

-0.4% -1 UNITS (1 Year)
+2.8% +7 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1971

Franchising Since

1977 (39 Years)

Corporate Address

18 N. San Pedro St. San Jose, CA 95110

CEO

Tony Gioia

About Togo's Franchisor LLC

College student Mike Cobler was tired of eating cafeteria food. With a limited budget, he set up a small sandwich shop in 1971 to serve his fellow students at San Jose State University in Northern California. Soon, lines were forming out the door for Cobler's sandwiches, and he opened another Togo's. The company began franchising in 1977, with shops serving sandwiches, salads, wraps and soups to customers on the West Coast.

Financials

Financial Requirements

Initial Investment

$239,700 - $501,000

Net-worth Requirement

$300,000

Liquid Cash Requirement

$150,000

Ongoing Fees

Initial Franchise Fee

$21,000 - $30,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

3%

Financing Options

Togo's Franchisor LLC offers in-house financing to cover the following: startup costs

Togo's Franchisor LLC has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


20% off franchise fee

Franchise 500® Rank History

Highest Rank: 151

Lowest Rank: 457

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Operations & Franchisor Support

Training Onsite: 10 days, pre-opening

Training at headquarters: 4 weeks

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Co-op Advertising
National Media

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: January 4th, 2016

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