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Togo's Franchisor LLC

2014 Franchise 500
#321
At a Glance

Products & Services: Specialty sandwiches, salads, soups, wraps, catering

Number of Locations: 251

Total Investment: $200.5K - $448.5K

Founded: 1971

Began Franchising: 1977

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.

Franchise Units

Year U.S. Canadian International Company Owned
2014 245 0 0 6
2013 238 0 0 5
2012 237 0 0 4
2011 239 0 0 2
2010 238 0 0 2
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Arizona, California, Colorado, Idaho, Nevada, Oregon, Southwest, Utah, West, Washington.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $200,500 - $448,500
Franchise Fee: $22,500 - $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 20% off franchise fee
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $150,000
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 7 days, pre-opening. At corporate restaurant : 3 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, Regional advertising,

Franchise Ranking History

Franchise 500®: #321 (2014), #307 (2013), #151 (2012), #177 (2011), #457 (2010),

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