- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$239K - $478K
- Units as of 2020
-
184 22% over 3 years
Togo’s is a franchise committed to delivering customers a big sandwich with great flavor stuffed with fresh ingredients and typically made just the way you like it. Togo’s has been around since the 1971, began franchising in 1977, and has many locations across the United States.
Why You May Want to Open a Togo’s Franchise
Even though Togo’s has been around for more than 50 years, the market is still fairly confined to the western United States. This means that there may be lots of location opportunities for franchisees. Ideally, you will find yourself opening an exciting new franchise in your area. Your customers may be driven to your door by curiosity and leave as lifelong customers.
Togo’s knows that there is a difference between being trained and being trained well. That is why the company has worked hard to bring the type of training found in larger companies to their brand. Having your team trained well will help things run smoothly and help bring customers back again and again.
What Might Make Togo’s a Good Choice?
Innovation is always important. Togo’s is dedicated to finding new ways to do things. This usually demands some creativity from the franchisees. Togo’s has been innovative in developing restaurants with a modern look, POS kiosks, and third-party delivery partnerships. The kiosks and delivery partnerships may help to expand your customer base.
多哥的通常是非常挑剔的公关oducts they offer to customers. When customers order a Togo’s sandwich, they typically know they will be getting something good. This is because Togo’s strives to buy only the best meats, cheeses, vegetables, and other ingredients for their delicious sandwiches.
多哥的团队的一部分,你应该使苏尔e you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements. It may be a good idea to talk to an attorney or financial advisor as you go through the process of deciding whether you have the necessary funds to open a Togo’s franchise.
How to Open a Togo’s Franchise
To get the process started, you may need to submit a franchise inquiry form. After you submit this information, a Togo’s representative may contact you. Together you might discuss the Togo’s franchise business, your experience and personality, the location you would like to open, and more.
The Togo’s representative may ask you to fill out a formal application and attend a discovery day. On discovery day, you may get to see how the company runs in real-time and meet other franchisees. You may also be able to have more questions answered and get a good feel for the franchise.
If your application is approved, you will generally review and sign a franchise agreement. Once that is done, construction will typically begin on your Togo’s location. You may start training and planning your grand opening with the Togo’s team as you prepare to welcome hungry guests.
Company Overview
About Togo's
Industry | Food |
---|---|
Related Categories | Miscellaneous Sandwiches,Sandwiches |
Founded | 1971 |
Parent Company | Togo's Franchisor LLC |
Leadership | Glenn Lunde, CEO |
Corporate Address | 18 N. San Pedro St. San Jose, CA 95110 |
Social | Facebook,Twitter,LinkedIn,Instagram,YouTube |
Business Overview
Franchising Since | 1977(46 years) |
---|---|
#的员工at HQ | 30 |
Where seeking | This company is offering new franchisees throughout the US. |
# of Units | 184(as of 2020) |
|
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 |
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 |
#的员工required to run | 14-25 |
Are exclusive territories available? |
Yes |
Interested in ownership opportunities like Togo's? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Togo's landed on this year's Franchise 500 Ranking versus previous years.
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