Franchise Restaurant for Sale Details:
* This is world known and traffic getter franchise restaurant brand located in Madera County CA.
* The restaurant for sale is situated in a big shopping center with major brand retail stores.
* The deal included the restaurant with goodwill, furniture, fixtures, equipment owned by the owner. The items leased by the owner shall be assigned to the buyer.
* Gross sales for 2015 up to $410,000 approx. with high-profit margins and lower food costs, as per owner.
* The store is run with employees payroll estimated $8400 per month costs estimated. The owner has two part-time managers who may not be needed by an owner run business.
* The buyer has to get approved by Togo Franchisor, pay franchise transfer & document transfer fee of $7500 and get training at its sole costs.
* Togo franchisor charges 5% for royalties and 3% for advertising fund approx. of net sales from the owner. At the start of this franchise, the owner signed a 10 years franchise agreement. Normally, the buyer has to remodel the store at the renewal of the franchise agreement.
* The owner has Owner may corporate with the buyer to provided required documents from owner's side to complete franchise transfer process.
* Buyer may get long sublease from Togo/the landlord as the primary tenant with the agreement of the landlord.
* Buyer's opportunity to enter Togo franchise system and buy a good volume business.
* Owner may finance the sale for qualified buyer with mentioned down payment.
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