Restaurant Equipment Articles : Togos Sandwich Franchise Acquired by Nimes Capital


Mainsail Partners sells ownership of Togo's Sandwiches

Togos Sandwich Franchise Acquired by Nimes Capital

Mainsail Partners sells ownership of Togo's Sandwiches


Togo's Eateries, Inc. today announced that Nimes Capital will acquire the sandwich franchise. Growth equity firm Mainsail Partners, Togo's current co-owner, has agreed to sell its shares to Nimes Capital. CEO Tony Gioia will retain his ownership stake in Togo's and continue to lead the ongoing revitalization and expansion of the franchise.



Togo's boasts one of the highest average unit volumes in the QSR sandwich segment at $660,000 and over 20 percent of the chain's units perform at over $813,000. Mainsail Partners and Gioia acquired the franchise in 2007, and Togo's now has 251 restaurants in six western states that serve the Big, Fresh, Meaty sandwiches that define the brand.



Under a seasoned leadership team, Togo's has revitalized its brand, improved operations, and entered into company-owned operations. The franchise has introduced new logos, revamped restaurant designs, updated menus, and added online and mobile ordering. The Togo's executive team, including Chief Operating Officer Jim Peros, Chief Market



Restaurant Equipment Articles : Togos Sandwich Franchise Acquired by Nimes Capital


Mainsail Partners sells ownership of Togo's Sandwiches

Togos Sandwich Franchise Acquired by Nimes Capital

Mainsail Partners sells ownership of Togo's Sandwiches


Togo's Eateries, Inc. today announced that Nimes Capital will acquire the sandwich franchise. Growth equity firm Mainsail Partners, Togo's current co-owner, has agreed to sell its shares to Nimes Capital. CEO Tony Gioia will retain his ownership stake in Togo's and continue to lead the ongoing revitalization and expansion of the franchise.



Togo's boasts one of the highest average unit volumes in the QSR sandwich segment at $660,000 and over 20 percent of the chain's units perform at over $813,000. Mainsail Partners and Gioia acquired the franchise in 2007, and Togo's now has 251 restaurants in six western states that serve the Big, Fresh, Meaty sandwiches that define the brand.



Under a seasoned leadership team, Togo's has revitalized its brand, improved operations, and entered into company-owned operations. The franchise has introduced new logos, revamped restaurant designs, updated menus, and added online and mobile ordering. The Togo's executive team, including Chief Operating Officer Jim Peros, Chief Market