Milky Lane Franchise Opportunity - NSW
New Store Opportunities With Milky Lane- Australia’s Leading Boutique Burger Brand!
Industry :
Food/HospitalitySub Industry :
RestaurantKey Strengths:
Low overheads & operating costsHuge growth potentialMinimal competitors in the areaAbout the business
Milky Lane is well-known for its unique burger dining experience– one which infuses great juicy burgers, wow-inspiring cocktails and designer desserts with old-school hip hop. Founded in 2016, Milky Lane has established a global brand with franchise interest from across the world due to its trendy combination of innovative menu development and social media reach. Also, their unique infrastructure makes them one of the coolest places to hang out with friends or enjoy some exclusive cocktails.
Milky Lane is now embarking on some serious development and is coming up with new greenfield sites in New South Wales. They are looking for like-minded entrepreneurs who wish to partner with the company as a franchisee. This makes it a unique opportunity for anyone planning to start their own F&B business while benefiting from the brand’s established market presence, ongoing training and marketing support. You will also benefit from their ready-made audience and fan base, thanks to their high profile social media presence.
Six reasons to call Milky Lane your new business venture-
- They are Australia’s #1 brand when it comes to boutique burgers, cocktails and desserts with a larger online footprint than the industry giants.
- Their menu prices are strategically set which makes their products premium, accessible and of great value. It is a unique proposition blend that indicates a quality dining experience, without the excessive price tag.
- Australians love the full décor experience, and they offer that in spades. They take a lot of pride in ensuring that each store boasts a flair for individualistic creative design, without being overpowering or intrusive, through the use of hand-painted, old school street art.
- Their ingredients are sourced from quality local and national suppliers, all of which are hand-selected and screened by them for a variety of quality reasons.
- Ongoing support from head office to ensure success. A guaranteed full house on the opening!
- They offer a variety of franchise options that can be opened in different venue locations. Their ability to find better locations and negotiate competitive leasing options provides a more functional franchise operation without losing the brand’s core identity or proposition.
Queensland
Australia
Milky Lane is Australia’s leading brand for boutique burgers, cocktails and desserts. It was built on the idea to create a unique burger dining experience - one which infuses great burgers, wow-inspiring cocktails and designer desserts with old-school hip hop that makes you feel alive and ready to dance!
Milky Lane has established a global brand with franchise interest from across the world because of their trendy combination of innovative menu development and social media reach. What got them there was their behind-the-scenes work by their innovative development and knowledgeable team, who built their systems and models that they still use successfully today. There is no other business in Australia’s F&B industry that has the same level of viral interest in the brand and the interaction on social media as Milky Lane.
Milky Lane focuses on providing the world’s best product, which revolves around their five pillars of brand identity: social presence, genuine quality, right on time, value pricing and the full-service package. They are looking to partner with like-minded entrepreneurs, who wish to start their own business in the food & beverage industry, to join the company as a franchisee.
Key benefits of becoming a Milky Lane franchisee include:
- 8 weeks of comprehensive training provided to all franchisee's and their team
- Ongoing support from head office and a guaranteed full house on the opening night
- Average turnover of $2.5m to $3.5m p.a (site dependent)
- Being part of the #1 social media brand in Australia for any food and beverage brand
- Average store cost from $600,000 depending on site size, location, and build factors
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$600,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!- Can you afford the business? Do you need financing to assist with the purchase?
- Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
- Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
- Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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