TOGO’S Franchise Complaints
The Togo’s franchise has a high SBA loan default rate of 24%.
According to the Small Business Administration, Togo’s franchisees have received 74 SBA-guaranteed loans to date; nearly a quarter of those loans have been defaulted on by Togo’s franchise owners.
Are you familiar with the Togo’s franchise opportunity? Please share a comment below.
The Togo’s Franchise has a failure rate of 24% for SBA-backed franchise loans
It’s likely that Togo’s franchise owners who received SBA loans may have collateralized their franchise loan with their houses or other personal assets, and nearly half were unable to repay those franchise loans… despite serious incentive to do so.
Are you familiar with the Togo’s franchise opportunity?
What do you think accounts for the SBA loan failure rate of Togo’s franchise owners?
What steps should Togo’s be taking to stop further franchise failures?
Has Togo’s taken serious action to address the problems that led to the 24% loan failures?
Please share a comment, opinion or insight below.
ARE YOU A TOGO’S FRANCHISE OWNER OR FORMER TOGO’S FRANCHISEE? ARE YOU FAMILIAR WITH THE TOGO’S FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
Tags: Togo’s, Togo’s franchise, Togo’s complaints, sub franchise, sandwich franchise, franchise opportunity, restaurant franchise, food franchise, franchise failure rate, worst franchise, sba failure rates, SBA franchise loans, franchise information
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I was at Togos in Stockton CA. Worst service. Was not greeted then when I left didn’t say thanks. Was getting attitude while ordering. I asked for my family size sandwich to be cut in 6 pieces and she cut it in 5. Then started playing with her phone before handing my food over.
Every saturday I go get 2 sandwichs at Togo’s Haward. there was a hair in my son sandwich.We were not happy! We took the heir out and ate the sandwich.
“We took the heir out and ate the sandwich.”
Was the heir apparent?
I called the vineyard center togos to order two sandwiches. I was initially put on hold then when I spoke to the employee to order, who never identified herself, I uttered two words and she interrupted and replied ” so that’s three large?”… I told her I had not ordered yet and if she would allow me to finish? She said sorry, yes. I ordered a small and large #9. One is h mustard and mayonnaise only and one with everything. She said OK it would be 10-15 minutes. I was unhappy with the employees service so I called back to speak with the manager. Another employee, make, answered the he phone and essentially said she was too busy. I asked him again to have her come to the phone. She did…and it was the first employee I had put the order in with. I explained why I was unhappy and was told she was just busy. She went on to say she couldn’t just leave her customer when I called and I suggested she should better train her employees on proper telephone ediquet. A few moments later, my wife arrived to pick up the sandwiches unbeknownst as to what hat transpired. She was told they were in the middle of making sandwiches and never got the full order???? Really???? Couldn’t handle the order of 2 sandwiches???? I will never spend another dime in a Togos facility.