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Wendy's Milk Bar Ocean Grove

Wendy's Milk Bar Ocean Grove

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Location Details :

Country

Australia

State

--

City

Ocean Grove


Industry :
Professional
Sub Industry :
Brokerage

Financial Details :

Revenue

--

EBITDA

--

EBITDA multiplier

-x

About the business

Established in 2019 and situated in the busy Kingston Village Shopping Centre, Ocean Grove, this Wendy’s Milk Bar is the first and only franchise that operates as a cafe style 30 seated and take away store in Australia.

While the Wendy's Milk Bar of today is very different to that of the first store, Wendy's Milk Bar franchisees are still motivated by one simple goal – to be everyone's favourite treat to experience. By joining Wendy's Milk Bar, you not only become part of a brand that is known and loved; you also become part of a national franchise network backed by experience and over 120 stores.

Customers relate to Wendy's Milk Bar stores with their award-winning ice cream, sorbet, shakes, hot dogs, and cinnamon doughnuts, but this franchise offers so much more because of its cafe layout. The barista made specialty coffee, a wide range of cakes, muffins and cookies, and fresh and toasted sandwiches, hot chips, and ice cream cakes have been added to the traditional menu.

The key features of this Wendy's Milk Bar franchise are:

• Being part of a 40yrs+ National Franchise, customers visit stores all over Australia. They know Wendy's Milk Bar products, providing the Ocean Grove business with great exposure.

• Since opening in December 2019, Wendy's Milk Bar Ocean Grove has created a warm, welcoming, professional operation that caters for all ages. The business has grown into a "destination business” with its customer service and quality products well known throughout the community.

• Customers enjoy the barista-made coffee, hot fresh cinnamon doughnuts, shakes, hotdogs and ice cream in the comfort of a designated seated area.

• Wendy's Ocean Grove sets up kids' crafts, games and Lego tables daily. Throughout the year, they run colouring competitions and themed activities. Some activities are in conjunction with and funded by Centre Management. This affiliate marketing has offered the business greater exposure and income and created a great working relationship with landlords.

• The Menulog delivery app is set up and creates good sales. For January, the business was ranked Number 1 in Menulog sales for Wendy's stores Australia-wide.

• The Wendy's Milk Bar Franchise provides a strong brand, bright menus, competitively priced, quality products, with excellent service.

• All Wendy's Franchisees receive extensive training and access to Operational, Product, H.R., and Service Manuals. Everything from P.O.S. software, Reporting, Development and a Regional Manager to assist Franchisees with their business is provided.

What makes this franchise a success?

The store’s central location is in the Kingston Village Shopping Centre in front of the Woolworths and surrounded by major retailers in a prime foot traffic zone conducive to spontaneous purchasers needing a treat. There is no direct competition with no other cafe-style offering in the centre.

The shopping centre is in a growth corridor area, including an over 50’s lifestyle village and an adjoining under-construction retail development due for completion in late 2023.

The business has built strong local connections with junior sporting clubs through sponsorships. The customer base has grown over 14% on average over the past 12 months.

If you want a head start and the support of a proven fast food hospitality franchise with a strategic advantage demonstrating increasing sales and profits, please enquire now.

Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Business Profile and Market Review.

Price $99,000 + SAV

Finn Franchise Brokers
Geelong and South West Victoria
(03) 5259 9970

Broker: Anthony Dickson
0431 279 400
anthony.dickson@finnbusinesssales.com.au

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