Milky Lane Franchise Business for Sale in Manly, NSW 2095
The Opportunity
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Company overview and history
Here's a professional overview of Milky Lane based on the franchise information book:
Company History & Founding:
- Founded in 2016 by a group of four entrepreneurs from Bondi Beach
- Started with first location in Bondi Beach and has since expanded to multiple locations across Australia
- Achieved rapid growth through a combination of quality food offerings and strong social media presence
Mission & Core Values:
- Mission Statement: "Creating Experiences & Bottling Magic"
- Core focus on delivering premium burger dining experiences that combine great food, cocktails, and hip-hop culture
- Values diversity and inclusion with the slogan "Our Success comes from our Diversity"
- Committed to building long-term relationships with employees and franchisees
Business Approach:
- Positions itself as a premium but accessible burger brand, bridging the gap between fast food and gourmet offerings
- Emphasizes unique restaurant design featuring custom street art and hip-hop culture elements
- Strong focus on social media presence and digital marketing
- Implements comprehensive training and support systems for franchisees
- Uses superior quality ingredients sourced from local and national suppliers
- Combines food service with entertainment elements including DJs and unique atmosphere
Key Milestones:
- 2016: First store opened in Bondi Beach
- 2018: Expanded to multiple locations including Cronulla, Parramatta, and Surfers Paradise
- 2019: Opened locations in Newcastle and Canberra; Won Hospitality Business of the Year
- 2020: Reached $500,000 weekly group revenue; Sold first 6 franchise territories
- 2021-2022: Continued expansion with new locations and implementation of new systems
The company operates under what they call a "not-so-franchise model" that emphasises creativity, open communication, and world-class systems between franchisees and corporate leadership. Their success is built on six key pillars: social media presence, unique art & design, customer service standards, perfect pricing, superior product quality, and franchise flexibility.
Product/service offerings
Core Product Categories:
1. Burgers
- Premium designer burgers featuring various ingredients and sizes
- Signature options like Lil Weezy (Wagyu beef), Kevin Bacon, and Chic-Kanye (southern fried chicken)
- Vegetarian and gluten-free options available (e.g. The Drake with black bean patty)
- Kids' menu options
2. Sides & Extras
- Popcorn chicken pieces
- Various styles of fries
- Loaded fries and specialty sides
- Bacon mac & cheese croquettes
- Deep fried potato options
3. Beverages
- Signature cocktails
- Share cocktails for groups
- Thick shakes in various flavors
- Beer selection (bottles & cans)
- Wine list
- Soft drinks
- Specialty shots
4. Desserts
- Designer desserts "Instagram worthy without filters"
- Sweet churros
- Waffles
- Nutella cheesecake
- Loaded signature shakes
Service Elements:
- Full-service dining experience
- DJ entertainment
- Unique art and design atmosphere
- Premium customer service standards
- Casual dining environment with hip-hop culture influence
- Focus on creating memorable dining experiences
- Blend of quality food with entertainment atmosphere
Product Mix (by revenue):
- Burgers: 28%
- Cocktails: 28%
- Sides: 9%
- Shakes: 9%
- Desserts: 8%
- Beer: 6%
- Extras: 5%
- Cold Drinks: 4%
- Kids Menu: 4%
The brand positions itself as a premium but accessible dining option, focusing on quality ingredients while maintaining reasonable price points compared to both commercial and high-end burger establishments.
Image Gallery for Milky Lane
Target market and industry trends
Milky Lane Target Market
- Diverse audience: meat lovers, vegans, health-conscious diners
- Younger, tech-savvy demographic
- Resonates with urban culture
- Immersive environments and themed designs
- Community focus: events, local artists, live music
Burger Industry Trends in Australia
- Rise of boutique burger joints
- Health and wellness focus: demand for plant-based options
- Sustainability and local sourcing
- Technology integration: AI, digital ordering
- Social media influence on dining experiences
- Experiential dining: unique and memorable experiences
Ongoing fees (royalties, marketing fees)
- Royalty Fee: 6.5% of gross sales, paid monthly
- Marketing Fee: Maximum of 2% of sales for online advertising
Training and support provided to franchisees
Milky Lane provides comprehensive training and ongoing support to its franchisees through several key initiatives:
- Tailor-made training program covering operational processes, customer service, and management
- 8-week training period for franchisees and their teams
- Ongoing training, infrastructure, and marketing support
- Assistance throughout the store building process
- Support with innovative technology, branding campaigns, and marketing tools
- Help with recruiting and training staff
- Partnership approach emphasizing honesty, integrity, and professionalism
- Continuous guidance and resources for overcoming challenges
Day in the life
- 8-week comprehensive training program covering operational processes, customer service, and management
- Actively involved in day-to-day operations, managing staff and customer service
- Interacting with customers and overseeing kitchen, bar, and dining areas
- Engaging with customers online, creating content, and monitoring social media trends
- Recruiting, training, and managing staff to ensure high service levels
- Monitoring sales, managing inventory, and operating within budget
- Staying in touch with franchisor's support team for ongoing training and updates
- Working long hours, often up to 14 hours a day, especially during the grand opening
Staffing requirements
- Comprehensive training provided for franchisee and staff
- Operations Team assists in staff recruitment and training
- No previous restaurant experience required; related experience helpful
- Teamwork and inviting personality essential
- Availability for late nights and weekends required
- Owner-operator applications only accepted
Location requirements and territory information
- Milky Lane assigns a specific target area to each franchisee, ensuring exclusivity.
- The location must have a sufficiently represented target group.
- There should be potential for the franchise system in the region.
- The area must be viable for the Milky Lane business model.
- Investment and setup costs range from $150,000 to $600,000 (+GST), excluding real estate costs.
- Franchisees receive support with store design and location planning.
- Current locations are in ACT, NSW, QLD, and WA, with plans for expansion throughout Australia.
Financing options available
For detailed information about financing options for a Milky Lane franchise, we recommend reaching out to Milky Lane directly using the "Send Enquiry" function on Hattch.
Franchisee qualifications and experience required
- No prior experience necessary
- Comprehensive training provided
- Passion and effort are crucial
- Residency requirements for owners and guarantors
- Commitment to the business is essential
- Owner-operator applications preferred
- Contact Milky Lane to express interest
- Receive information pack and application form
- Complete confidentiality agreement
- Interview to discuss next steps
Unique selling propositions and competitive advantages
- Bespoke, colourful atmosphere with eclectic sounds and vibrant decor
- Strong social media presence with over 180,000 Instagram followers
- Unique and creative menu items, visually appealing and shareable
- Focus on building strong customer relationships through personalized communication
- Comprehensive training and ongoing support for franchisees
- Celebration of individuality and community events
- Investment in technology, including a loyalty app
- Innovative marketing strategies and branding campaigns
Challenges and potential risks for franchisees
- Loss of brand control
- Legal issues
- High costs and finding suitable franchisees
- Technological and operational challenges
- Market and consumer trends
- Staffing shortages
- Financial pressures
- Integration and supply chain risks
Testimonials or success stories from current franchisees
- Henry, a franchisee since 2021, has made the Milky Lane Gasworks venue in Brisbane a top tourist destination with high Google reviews and spend per head.
- Milky Lane provides comprehensive training, an 8-week training period, and ongoing support to franchisees.
- Recognized as one of Australia’s fastest-growing burger brands, Milky Lane has a strong social media presence, indicating high customer engagement.
- While specific franchisee testimonials are not available, the overall positive tone suggests high satisfaction among franchisees, emphasizing partnership and professionalism.
Application process and next steps for interested parties
- Reach out to Milky Lane using the "Send Enquiry" function on Hattch.
- Receive an information pack, Comprehensive Application Form, and Confidentiality Agreement to complete and submit.
- Provide detailed financial information (net worth, liquid capital, personal assets, liabilities) and personal information (contact details, education, employment history, industry experience).
- Undergo a vetting process to determine suitability.
- If successful, attend an interview to discuss next steps
- Complete an 8-week training program covering operations, customer service, and management.
- Work with the Milky Lane team to build and launch the store, with support on design, location, and construction.
- Receive ongoing support, including training, infrastructure, and marketing assistance.
Other nearby franchises
Franchise Overview
Number of Franchises:
9
Number of Franchise Locations:
12
Number of Corporate Locations:
2
Franchise Partner Type:
Owner Operator
Opportunity Type:
New Franchise
Year Established:
2015
Investment Range:
$500K - $2M
Can you afford this Milky Lane in Manly?
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