Milky Lane Franchise Business for Sale in Terrigal, NSW 2260
The Opportunity
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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 & Success Stories
- 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.
Next Steps
- 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:
Franchise Resale
Year Established:
2015
Investment Range:
$400K - $500K
Can you afford this Milky Lane in Terrigal?
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