Milky Lane Burger Franchise Wollongong

Price

$700,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Wollongong & Illawarra, Wollongong

Category

Food/Hospitality, Restaurant

Listing #

NSW10437

Wollongong Restaurant Business for Sale
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Wollongong Restaurant Business for Sale
Wollongong Restaurant Business for Sale
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About this business for sale in Wollongong & Illawarra, Wollongong

Are you ready to unleash your inner entrepreneur, ditch the 9-5 and be your own boss? Then look no further than Milky Lane; the ultimate destination for those who want to run their own business while enjoying the vibrant and exciting atmosphere of one of Australia's fastest-growing and most EXCITING franchises.

About Milky Lane 

Milky Lane is a premium restaurant franchise that embodies a unique and quirky brand ethos based around mouth watering burgers, decadent cocktails, delicious desserts and an EXPERIENCE unlike any other in Australia. Our brand is all about celebrating individuality and embracing the unexpected and our guests love us because we are a well deserved escape from the sometimes mundane, and our brand promise (to ourselves and our guests) is to always remain true to our unique and playful personality.

The Milky Lane story began in 2016 when four friends at Bondi Beach had a vision to create their ideal place to hang out. They wanted a space where they could showcase their creativity and bring these ideas to life, whilst also creating a lively, inviting and fun atmosphere for their guests. Their idea quickly transcended into a social media phenomenon with people travelling from far and wide to try their internet-breaking creations. Within the first year of operation, Milky Lane had amassed more organic PR than any other brand in the history of F&B in Australia and it was because they disrupted the whole industry, time after time. As of today, Milky Lane has the largest following in the country on Facebook and Instagram of any F&B brand and their following is almost cult-like with just under 500’000 people waiting eagerly each day for their next move. 

Since then, the Milky Lane brand has expanded rapidly, with franchising beginning in 2017. Today, we have 8 stores trading, with an additional 6-8 stores set to open in 2023, making us one of the fastest-growing burger franchises in Australia. Our restaurants feature unique and vibrant decor, a premium burger menu with designer desserts and cocktails and a live DJ on weekends playing nostalgic and current hip hop/rnb which keeps the energy and drinks flowing well into the night. Not many restaurants can guarantee you a full restaurant from day one but with our online presence and our marketing techniques, we can go one further and ensure your restaurant is booked out for weeks, before it’s even open.

At Milky Lane, we believe that life is too short to be serious all the time, and that's why we've created a space where you can let your hair down, escape reality and have a good time. Our brand is all about celebrating the quirky, the unique, and the unexpected, and we strive to embody this in everything we do. From our menu to our atmosphere, we promise to always be a place of wonder and excitement, where every visit is a new adventure.

Key Investment features:

  • New turn key store build starting from $700,000 including franchise fee with *funding available 
  • Average turnover per store is approx. $2.5m p.a with some of the highest performing franchises turning over in excess of $5m p.a
  • Comprehensive training provided to all franchisee's and their team. Training duration will vary depending on current experience in the hospitality industry.
  • Ongoing support from head office to ensure success and a guaranteed full house on opening day and for coming months!

So, if you're ready to take the leap and become your own boss, click "ENQUIRE NOW" to find out more about this exciting opportunity. 

Join Milky Lane, where every visit is a new adventure, and every moment is an unforgettable experience.

Ref: NSW10437

Gareth Wolrige
Business Broker
Phone: + 61 2 9899 1999
Mobile: +61 448 715 762
Email: [email protected]

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.

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

To find out more, complete an online confidentiality agreement by clicking the button below.

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For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*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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