Cronulla, New South Wales 2230

High Performing Milky Lane Burger Franchise Cronulla!

For Sale | $430,000

Restaurant

This is a fantastic opportunity to purchase a premium burger restaurant and bar franchise in the heart of this beach side suburb. Having been set up in 2017, this franchise has proven to be a stand out performer in the group!

About Milky Lane:

Milky Lane began in 2016 when four friends at Bondi Beach had an idea to create their ideal place to hangout. Franchising began in 2017 and today Milky Lane has 10 stores trading and an additional 6 stores opening in 2021 making them one of the fastest growing burger franchises in Australia.

A Milky Lane restaurant has unique style - bright quirky decor, a premium burger menu, with designer desserts and cocktails, often with a music DJ on weekends.

The word has spread, Milky Lane is now the #1 social media brand in Australia for any food and beverage brand with close to 400,000 unique followers!

Key Investment features:

- Owners Return $250,000 p.a!!

- Average gross sales $30,000pw

- Low rent at 5% of turnover!!!

- Spacious restaurant with 90-seat capacity

- Sales recovery post-COVID is very strong 

- Lease on offer until November 2022 plus 5 yr option

- Ongoing and support from head office to ensure success

The future of Milky Lane is bright so be sure you don't miss out on the next booming food franchise to hit the market!

For more information, please contact Gareth Wolrige for a comprehensive information pack and more please "enquire now"

To enquire on this business visithttps://www.linkbusiness.com.au/businesses-for-sale/ca/NSW09866 and click on "enquire now"

Ref: NSW09866

Gareth Wolrige
Business Broker
Phone: + 61 2 9899 1999
Mobile: +61 448 715 762
Email: gareth.wolrige@linkbusiness.com.au

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
Ref: NSW09866
Timestamp: 20210929020115

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Gareth Wolrige



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Gareth Wolrige

LINK Sydney

Overview

This Restaurant Business is one of 44 businesses for sale in Illawarra, New South Wales, and one of 13 Restaurant Businesses in this region that a business for sale currently has on offer. This Restaurant Business is for sale in Illawarra for the asking price of $430,000 and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..