Category:
10150 - Franchises
Location:
Northern California - South Bay
Business Description:
Motivated seller will be moving to SCA. Sales have recently dramatically increased from the low point of the Covid slow down and are now impacting the bottom line. Well located Togo's in a small retail center in the heart of San Jose. Owner is only involved here as a semi absentee owner for apx. 10 hours per week. This is an opportunity for a "hands on" manager who can replace the current manager who is paid apx. $35,000 on an gross annual basis and/or a family run deli who can replace several of the employees. The transfer fee of $8,000 covers 4 weeks of training one week of technical training and 3 weeks in a local store learning Togo's operations.
Inventory (included):
$4,000
One Month Ended
6/30/2021
$51,090
(Sales)
$7,557
(Adjusted Cash Flow)
One Month Ended
5/31/2021
$47,667
(Sales)
$3,302
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 0 | 7 |
| Owners | 0 | 1 |
Hours of Operation
Mon - Sunday 10:00 - 9:00
Licenses Required:
Monthly Rent Including NNN:
$8,467
Expires:
03/17/2024
Option:
For 5 years
Size(sq.ft.):
1,338
Type of Organization:
S Corp
Reason for Sale:
Moving to SCA
Training:
0 weeks 0 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.