Togo’s Eateries Inc., a “West Coast Original” since 1971, announced 2014 achievements with the opening of 18 restaurants throughout the West, including its first franchised restaurants in Idaho and a return to Colorado and Utah. The company also signed 19 new franchise agreements to develop new restaurants in both existing and emerging markets, including a 5-restaurant deal that will bring Togo’s big, fresh and meaty sandwiches back to Washington State.
The sandwich chain plans to develop five new restaurants in Washington State over the next several years in cities such as Bellevue, Kirkland, Redmond, Kent, Renton and Tukwila with the first location slated to open in late 2015. Last year, Togo’s acquired 13 franchised restaurants from its company founder as part of its long-term strategy to maximize its operational efficiencies. To kick off 2015, the company most recently announced the opening of its second Idaho restaurant located in Meridian and expects to open a third restaurant in Idaho Falls this month.
“This is an exciting time for Togo’s as we’ve made great strides in expanding the brand beyond its core California market and providing our franchisees with even greater support to grow their business,” says Tony Gioia, chairman and CEO of Togo’s Holdings, LLC. “As we look ahead, we will continue to drive operational excellence to support future development and provide entrepreneurs with one of the best franchise opportunities in the sandwich category.”
Togo’s, which has more than 300 restaurants open and under development throughout the West, has experienced four consecutive years of same-store sales increases. To continue to fuel development and recruit passionate franchisees in 2015, the company offers a multi-unit franchise development incentive program to drive expansion in key growth markets. Both new and existing franchisees who sign a new agreement for three or more locations will receive reduced royalty fees for the first two years for each new restaurant that is developed in Washington, Oregon, Idaho, Utah, Colorado, Nevada and Arizona. Additionally, franchisees will benefit from $10 million for remodels and transfers, as well as $5 million to build new restaurants.
The five times weekly e-newsletter that keeps you up-to-date on the latest industry news and additions to this website.