LINK Business Brokers Australia

About this Business for sale in Sutherland Shire

This is a fantastic opportunity to purchase a premium burger restaurant and bar franchise in the heart of this beach side suburb. Having been set up in 2017, this franchise has proven to be a stand out performer in the group!

About Milky Lane:

Milky Lane began in 2016 when four friends at Bondi Beach had an idea to create their ideal place to hangout. Franchising began in 2017 and today Milky Lane has 10 stores trading and an additional 6 stores opening in 2021 making them one of the fastest growing burger franchises in Australia.

A Milky Lane restaurant has unique style – bright quirky decor, a premium burger menu, with designer desserts and cocktails, often with a music DJ on weekends.

The word has spread, Milky Lane is now the #1 social media brand in Australia for any food and beverage brand with close to 400,000 unique followers!

Key Investment features:

– Owners Return $250,000 p.a!!

– Average gross sales $30,000pw

– Low rent at 5% of turnover!!!

– Spacious restaurant with 90-seat capacity

– Sales recovery post-COVID is very strong 

– Lease on offer until November 2022 plus 5 yr option

– Ongoing and support from head office to ensure success

The future of Milky Lane is bright so be sure you don't miss out on the next booming food franchise to hit the market!

Listing ID: NSW09866

Gareth Wolrige
Business Broker
Phone: + 61 2 9899 1999
Mobile: +61 448 715 762
Email: gareth.wolrige@linkbusiness.com.au

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis.  Purchasers are required to make their own enquiries in order to verify the information provided.

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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

Listing: #NSW09866
Price: $360,000
Profit*: $250,000
Sales Revenue: $1,400,000
Sydney Region, Sutherland Shire
Food/Hospitality, Restaurant
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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