Togo's High Volume-West Contra Costa County,ca

Contra Costa County, CA

Togo's High Volume-West Contra Costa County,ca
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Asking Price: Get Financing: $149,000

Cash Flow: N/A

Gross Revenue: $589,472

EBITDA: $72,631

FF&E: N/A

Inventory: N/A

Lease Rate: $5,519.77 /SF/Month

Established: 1996

Togo's High Volume-West Contra Costa County,ca

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Business Description

Turnkey fully equipped TOGO'S Sandwich franchise restaurant established in 1996, ready for new owners. It is located in a very busiest shopping complex in the heart of East Bay-West Contra Costa County of California. The other tenants in the same complex are Target, Avenue, Food Maxx, BevMo, Burlington, Wells Fargo Bank, Panera Bread & surrounded by many other high-end business entities. Since business is Freeway location, it generates a quiet bit of traffic flow to the shopping complex. The current concept serves lunch & dinner. The current owner is semi- absentee & has been running this profitable business since 2007. Seller would like to pass on this moneymaking operation to the right buyer. Golden opportunity for hands-on owner-operators who are in search of a turnkey operation. NDA required for financial information of the business. No Exceptions. PRINCIPALS ONLY.
*Asking price is lowered, taking into consideration that buyer will need to do a major remodel within 1-2 years, and the buyer will also be required to purchase a new POS system within three months from the date of sale of the business. Togo's 10-year franchise fee of $30,000 was again renewed and paid in 2016.8 years remaining will be transferred to the buyer and is already included in purchase price (Worth $24,000).

We obtain the information in this marketing package from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty, and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may bit represent the current or future performance of the business & Property. You and your tax or legal advisers should conduct your own investigation of business and transaction.

Detailed Information

Real Estate:
Leased
Building SF:
1,430
Lease Expiration:
5/30/2021
Facilities:
* Square Foot: 1430. * Rent: $5519.77 + NNN. * Lease: Transferable- Expires in 5/2021.Option to renew available. * Seats: 24 inside, 12 outside * Licenses Required: Health permit, SBOE- Sellers permit, Franchise Contract. * Hours: 10am-8pm Daily. * Employees: 1 full time 6 part-time. *Tax returns & financial reports are available upon completion of non-disclosure agreement
Support & Training:
FRANCHISE TRAINING.
Reason for Selling:
FAMILY MEMBER' HEALTH
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Manjit Singh

Business Listed By:
Manjit Singh

Mission Peak Brokers, Inc.

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