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.
Togo's stores are located predominantly in California. Togo's was established in 1968 and became part of Dunkin' Brands in 1997. Gross Sales in fiscal 2006 were $157 million.
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