Frequently Asked Franchise Questions about Opening and Owning a Togo’s
Q. What are the minimum Financial Requirements to qualify?
A. A minimum net worth of $300,000 with at least $150,000 liquid for a single Togo’s restaurant development. For Area Development territories for 3 or more restaurants, a minimum net worth of $900,000 with at least $450,000 liquid.
Q. How much will it cost to build a Togo’s restaurant?
A. Costs vary greatly due to the store size, age of the building, & regional restrictions. Investment ranges are between $264,000 to $414,500.
Q. Does Togo’s offer financing?
A. To help fuel our growth, Togo’s offers new and existing franchisees access to financing for qualified candidates.Click here to learn more.
Q. How much money can I expect to make?
A. Togo’s does provide financial performance representations in our FDD (Item 19). However, profitability will depend considerably upon the franchisees ability to manage the day-to-day operations and finances as well as factors specific to each location such as occupancy, local store marketing costs, labor costs, and the potential for sales.
Q. What is the Royalty Fee?
A. Five (5%) percent of your gross sales.
Q. What is the Marketing Fee?
A. Togo’s currently collects three (3%) percent of your gross sales; however, the franchise agreement allows for the flexibility to increase the advertising fee, not to exceed a total of 5%.
Q. What is the typical Togo’s restaurant size?
A. The typical store size is 1,200 to 1,500 square feet.
Q. How many seats does a typical Togo’s restaurant have?
A. 15-25 interior; 10-15 exterior
Q. How is my site evaluated?
A. You are responsible for finding a location that meets the site criteria of Togo’s. We do work closely with you in the site selection process.
Q. When can I expect to be profitable?
A. It varies by location and market as well as franchisee management. As in any business, we cannot predict earnings or profitability for you.
Q. How involved am I in the development and construction process?
A. You will work closely with our design and construction resources that will assist you in selecting architects, contractors, and equipment vendors. Togo’s will keep in close contact so that we can check the progress in the developing location.
Q. Can I build multiple restaurants?
A. Yes! We encourage potential franchisees to consider develop and operate multiple locations.
Q. Who will train me to operate a Togo’s?
A. We have a training team that offers a comprehensive four (4) week training program that includes training in: Management Training, Brand Training, and Management Certification.
Q. After my restaurant is up and running, what kind of support will I receive?
A. Our Franchise Service Managers (FSMs) and Regional Marketing Managers (RMMs) are in place to provide you with the required assistance.
Q. Is there an elected franchisee advisory council?
A. Yes… consisting of elected franchisee members who perform advisory services to the Togo’s management team.
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"At Togo's we are committed to excellence and the community. I opened my first location fresh out of college, and the first thing I learned was to open a store in your home town, as it's important to know your community and connect with local organizations. Community involvement and interacting with guests, while giving them exceptional one–on–one service, is essential in creating that homegrown touch and taking your restaurant to the next level."
Jeff Cohen – Irvine, CA (4 Stores)
Jeff Cohen – Irvine, CA (4 Stores)
