Togo’s, the 242-unit sandwich chain, is adding company-operated units after nearly a decade of exclusively franchising its restaurants. “We are not planning on making a large investment in company restaurants, but we want to get into the business with our franchisees to test and to learn and, obviously, by doing that we also can generate additional cash flow for the company and its investors,” said Togo’s chief executive Tony Gioia. Gioia said Togo’s began its ...
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Contact: Desiree Torres Desiree.Torres@penton.com