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Franchise Resale in Ringwood

  • Franchise Resale
  • Ringwood VIC 3134
  • $495,000

Busy Groove Train Franchise Or Your Own Concept - The Choice Is Yours!

Don't miss this exceptional opportunity to own this very profitable Groove Train Franchise in a position perfect location within the super busy Eastland Shopping Centre. Offered for sale for the first time since opening their doors in 2018, this turnkey operation has provided consistently high returns.

With over 20 restaurants spread across Australia, Groove Train continues to set the standard for casual dining, combining funky aesthetics, polished design and a menu that caters to all tastes. Run 'Under Management', the owner's involvement is limited to five hours per week to ensure regular oversight of financials and operational aspects. This presents a lucrative opportunity for Savvy Investors or increase profits under the guidance of an Owner/Operator.

Spanning across 400 square metres, this beautifully presented venue offers a quality commercial fit out and equipment designed to cater for high volumes. Seating over 200 patrons indoors and 50 outdoors, the layout is perfect to accommodate the high volume of trade generated from the nearby Hoyts Cinemas and local/shopping centre patrons.

With excellent training programs and ongoing support, Franchisees do not need to have experience, as all of the operational systems are in place and full training will be provided. For seasoned operators, you will find The Groove Train model a pleasure to work with and enjoy the financial rewards this business offers.

Alternatively, if you have YOUR OWN CONCEPT, this store can be converted into another brand as there is no obligation on the incoming tenant to remain as a Groove Train Franchisee - the choice is yours!

KEY FEATURES INCLUDE:
Prime location near Hoyts Cinemas in Eastland Shopping Centre (12 screens)
Consistent high turnover
200 seats indoor and 50 seats outside
Fully licensed until 1am (Sun 11pm)
Become part of a highly successful Franchise
Turnkey operation (No experience required)
Business run 'Under Management'
Successful operation since first opening in 2018
First time offered to the market (One Vendor)
Very profitable business

THIS IS ONE TRAIN YOU WON'T WANT TO MISS!

To obtain a copy of the information memorandum for this excellent business opportunity, please contact Grita Angelucci.

Business AU
Business AU
Suite 24, 135 Cardigan Street
Carlton, VIC 3053

Business Highlights

Business ID2019099810
Floor AreaAsk Business Broker
Category
Last updated  19 Dec 2024
Map for Ringwood VIC 3134
Map for Ringwood VIC 3134Ringwood VIC 3134
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Documents
Business AU
Business AU
Suite 24, 135 Cardigan Street
Carlton, VIC 3053

Business Highlights

Business ID2019099810
Floor AreaAsk Business Broker
Category
Last updated  19 Dec 2024

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