Sub Station II vs TOGO'S
Franchise Comparison 2026
Both Sub Station II and TOGO'S are quick-service restaurants franchises. Sub Station II requires an investment of $318K – $926K while TOGO'S requires $529K – $715K. In terms of revenue, TOGO'S reports higher average unit revenue at $715K. Note: Reported for a subset of outlets rather than the whole system. On SBA loan performance, TOGO'S has a lower charge-off rate (17.4%) compared to Sub Station II (30.0%). FranchiseVerdict rates Sub Station II C (Average) and TOGO'S B (Above average).
| Metric | Sub Station II | TOGO'S |
|---|---|---|
| Verdict Grade | CAverageAverage | BAbove averageAbove average |
| Investment Range | $318K – $926K | $529K – $715K |
| Franchise Fee | $20K | $50K |
| Royalty Rate | 5.0% | 5.0% |
| Average Revenue (Item 19) | $600K | $715KOutlet subset |
| SBA Charge-Off Rate | 30.0% (13 loans) | 17.4% (23 loans) |
| Total Units | 35 | 150 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1976 | 2009 |
| FDD Year | 2026 | 2025 |
Investment Range
$318K – $926K
$529K – $715K
Franchise Fee
$20K
$50K
Royalty Rate
5.0%
5.0%
Average Revenue (Item 19)
$600K
$715KOutlet subset
SBA Charge-Off Rate
30.0% (13 loans)
17.4% (23 loans)
Total Units
35
150
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1976
2009
FDD Year
2026
2025