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FranchiseVerdict

TOGO'S vs Sub Station II

Franchise Comparison 2026

Both TOGO'S and Sub Station II are quick-service restaurants franchises. TOGO'S requires an investment of $529K – $715K while Sub Station II requires $318K – $926K. 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 TOGO'S B (Above average) and Sub Station II C (Average).

Investment Range
$529K – $715K
$318K – $926K
Franchise Fee
$50K
$20K
Royalty Rate
5.0%
5.0%
Average Revenue (Item 19)
$715KOutlet subset
$600K
SBA Charge-Off Rate
17.4% (23 loans)
30.0% (13 loans)
Total Units
150
35
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2009
1976
FDD Year
2025
2026