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Togo's To Go on the Market

SAN JOSE, CA-The locally based 280-unit sandwich, soup and salad chain owned by Canton, MA-based Dunkin Brands Inc. is headed to market. In fiscal 2006, Togo's system-wide sales were $157 million.

By Brian K. Miller | Updated on October 20, 2006

SAN JOSE, CA-Locally headquartered Togo Eateries Inc. is being put up for sale by its privately held parent Dunkin’ Brands Inc. of Canton, MA. As yet no price tag has been put on the 280-unit sandwich, soup and salad chain.

Dunkin Brands has retained Trinity Capital, a Los Angeles-based investment banking firm to evaluate and market the business to potential buyers because leadership is focused on growing its larger Dunkin’ Donuts and Baskin-Robbins businesses. “We believe a sale of Togo’s will best position the brand to continue to achieve its own promising growth path,” CEO Jon Luther said Friday.

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