Togo's
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
- ↑ "Privacy Policy." Togo's. Retrieved on June 22, 2016.
- ↑ http://www.loopnet.com/Listing/17896073/336-East-William-Street-San-Jose-CA/
- ↑ "Togo's Announces Acquisition Of 13 Restaurants From Company Founder - Silicon Valley Business Journal". Silicon Valley Business Journal. Retrieved 2015-07-30.