TOGO'S Unveils New Franchise Incentives for Expansion

TOGO'S Introduces Development Incentive Programs

TOGO'S, the beloved fast-casual sandwich franchise, is embarking on an exciting journey to expand its footprint into new markets across the Western United States. To facilitate this growth, the company is offering an enticing 50% discount on initial franchise fees, along with additional royalty discounts designed to attract ambitious franchisees.

Expansion Plans and Incentives

Recently, TOGO'S has successfully opened various locations, including new opportunities in several states. This expansion not only enhances TOGO'S brand presence in existing markets like Nevada and Washington, but also aims to break into promising markets in states like Oregon and Arizona. The sandwich franchise is extending its embrace to the Mountain West, targeting Utah, Idaho, and Colorado for future stores.

Special Development Incentive Programs

The newly introduced Development Incentive Programs are a strategic move to assist both new and existing franchisees eager to be part of TOGO'S growth. Candidates will benefit from a 50% reduction in the initial franchise fee and similarly significant royalty cuts, with some eligible franchises potentially enjoying 0% royalties for a designated time. These opportunities are perfect for those who are committed to the brand and are ready to help in TOGO'S expansion mission.

CEO’s Vision for Franchise Growth

Matt Dowling, the CEO of TOGO'S, expressed enthusiasm about these new initiatives. He highlights the importance of aligning with individuals who share a passion for the franchise. "We are extending these special Development Incentive Programs to candidates excited about the TOGO'S brand. We are dedicated to supporting our franchise candidates as they join us in this growth phase," said Dowling.

Initial Requirements for Franchisees

These phenomenal incentive programs are limited to the first ten store agreements executed by qualified franchisees. To benefit from the royalty discounts, franchisees must secure a lease for their new location within six months of signing the franchise agreement.

Maintaining Growth Momentum

TOGO'S is committed to sustaining its growth momentum and delivering fresh and delectable sandwiches that customers love. Dowling and the leadership team are eager to expand the brand beyond its California roots and into the homes of countless fans across the country. As they open new locations, they receive warm requests to bring TOGO'S to areas where former Californians have relocated.

A Legacy of Quality

Founded in 1971, TOGO'S has proudly maintained its commitment to serving high-quality, artisan breads and premium deli meats. This dedication has cultivated a strong following that has fueled the franchise's growth throughout the West Coast. The total investment for opening a TOGO’S franchise currently ranges from $451,625 to $650,000, inclusive of a franchise fee between $15,000 and $30,000.

Further Information on Development Programs

Full details regarding the Development Incentive Programs, startup costs, and average unit volumes will be available in the upcoming 2024 Amended Franchise Disclosure Document (FDD). Interested parties can learn more directly from TOGO'S franchise website.

Frequently Asked Questions

What are the new franchise incentives offered by TOGO'S?

TOGO'S is offering a 50% discount on initial franchise fees and royalty discounts to encourage franchisees.

Which markets is TOGO'S looking to expand into?

TOGO'S is targeting new markets in Oregon, Arizona, Utah, Idaho, and Colorado for expansion.

How many store agreements qualify for the new incentives?

The incentive programs are limited to the first ten executed store agreements by qualified franchisees.

What must franchisees do to receive royalty discounts?

Franchisees must sign a lease for their new location within six months of signing the franchise agreement to qualify for royalty discounts.

What is the initial investment needed for a TOGO'S franchise?

The initial investment for a TOGO'S franchise ranges from $451,625 to $650,000, which includes a franchise fee of $15,000 to $30,000.

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