The newly-acquired stores will provide Togo's with a larger platform for testing products and systems, and training new franchisees, management and crew.
September 24, 2014
Togo's Eateries Inc. has acquired 13 franchised restaurants in the East Bay and San Jose, California, areas from company founder Mike Cobler. The acquisition brings Togo's company-owned restaurants to 19 units in California.
"This recent acquisition is part of our long-term growth strategy and reflects our company's commitment to operational excellence," said Tony Gioia, chairman and CEO of Togo's, in a company news release. "Togo's newly acquired restaurants will provide a larger platform for testing new products and operating systems. The locations will also offer additional resources to support training for new franchisees, management and crew for future grand openings."
Tony Hardin, the company's newly appointed senior director of company restaurant operations, will oversee the operations for all of Togo's corporate locations.