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Units as of 2020
184 (53 lost in 3 years)
28.8%
2021 Franchise 500 Rank
N/R Ranked #342 last year
Initial investment
$239K - $478K

Company Overview

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.

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About Togo's

Industry
Food
Related Categories
Miscellaneous Sandwiches, Sandwiches
Founded
1971
Parent Company
Togo's Franchisor LLC
Leadership
Glenn Lunde, CEO

Franchising Overview

Franchising Since
1977 (44 years)
# of employees at HQ
30
Where seeking

This company is seeking new franchisees in the following US states: Arizona, California, Nevada, Oregon, Washington

# of Units
184 (as of 2020)

Franchisor Information

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

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Togo's franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$30,000
Initial Investment
$238,500 - $477,700
Net Worth Requirement
$300,000 - $500,000
Cash Requirement
$150,000 - $300,000
Royalty Fee
5%
Ad Royalty Fee
3%
Term of Agreement
10 years
Is franchise term renewable?
Yes

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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

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

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
100 hours
Classroom Training
40 hours
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
14
Are exclusive territories available?
Yes

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Franchise 500 Ranking History

Compare where Togo's landed on this year’s Franchise 500 Ranking versus previous years.

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The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
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