Togo's

Not to be confused with Togo.
Togo's Restaurant in Granada Hills, CA featuring the current brand image

Togo's Eateries, Inc. is a chain of 250 fast casual sandwich restaurants owned by Nimes Capital who purchased the company from Mainsail Partners in December 2015. Its headquarters are in San Jose, California.[1]

Togo's is often combined with Baskin-Robbins' ice cream shops (which were both owned by the same parent company from 1997 to 2007). Togo's was sold to a private equity firm in 2007. Most of Togo's stores are franchises.

History

The first "Togo’s" was opened in 1968 at 336 East William Street near San Jose State University[2] in San Jose, California. At that time, the sandwich shack (in a building built in 1919 and less than 1000 square feet) was so small that only four people at a time could be inside and the sign out front read "Sandwiches To Go" with To Go being on the second line. In 1971 the shop was purchased by Mike Cobler, a local San Jose State University student.[3] The second location was opened in downtown San Jose in 1974. The first franchise was sold in 1978.

In 1997, Togo’s was acquired by the Dunkin' Brands portfolio of fast-food restaurants. By 2001, there were approximately 350 Togo’s sandwich shops, serving more than 25 different types of sandwiches.

On November 30, 2007, Togo's was acquired by Mainsail Partners, a San Francisco-based private equity firm, in partnership with Tony Gioia, a former president of Baskin-Robbins. Tony Gioia is serving as chairman and chief executive officer of Togo's Holdings, LLC.

See also

References

This article is issued from Wikipedia - version of the 10/31/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.