ESTABLISHED TOGO'S FRANCHISE - IN ESCROW
Seller:
Attn:
Steve Zimmerman
Location:
Northern California, CA, USA
Listing Number:
"1126"
Overview:
IN ESCROW
PRICE REDUCTION - Established Togo's Franchise In Shopping Center With $125,000 Profit, RRC#: 1126 Location: Fast Growing Area Northern California, California Offered at: $395,000 Listing Description -- A well established Togo's franchise that has been in operation profitably for several years. The business is one of the more newer Togo models and is located in a busy shopping center. The owner is absentee so there is lots of potential for increased sales and profits for a hands on owner operator. The franchise costs are 5% of sales as the royalty fee and 2% of sales for advertising costs. In addition, at the close of escrow, the buyer is required to pay a transfer fee of approximately $4,000 to the franchisor.
Property Features and Assets:
General Information -- Organization: Corporation Year Established: Contact For Info Current Owner: Contact For Info # of Employees: Contact For Info Seating: 50 Square Foot/Size: Approx. 1,750 Parking: Parking lot Lic. Required: Business Days Open/Hours: 7/10am-9pm Reason For Sale: Other interests Financial Information -- Revenue: $59,125 / month Cash Flow: $10,416 / month
Current Inventory: Contact For Info Payroll: Contact For Info Lease Information -- Lease Rent: $5,020 / month Lease Expiration: 5/2009 Yearly Adjustment: 6% every 18 months Lease Option: 2 Five Year Options Security Deposit: Not Available.
Additional Details:
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