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Milky Lane Franchise for Sale in Terrigal, NSW, 2260

Cash/Equity required $240K
Investment $400K - $500K
Franchise fee $70K
Total number of locations N/A
Royalties N/A
Ownership type Owner Operator
Marketing fund N/A
Business type Franchise Resale
Franchise term N/A
Category Bricks & Mortar

Terrigal NSW 2260

Local Area Insights

Population 25,845
Median Age 42
Median household income $2,161/week
Owned Outright 37.8%

Primary data sources: Australian Bureau of Statistics (ABS) Census 2021

Terrigal franchise opportunity

Discover a prime Milky Lane franchise opportunity in the heart of Terrigal, a thriving coastal hub on the NSW Central Coast. This established location benefits from Terrigal's year-round tourism appeal, bustling beach culture, and growing residential population, positioned near the iconic Terrigal Beach and entertainment precinct. As part of the successful Milky Lane network, you'll receive comprehensive operational support and access to their proven business model, known for creative burgers and innovative marketing strategies. Send an Enquiry to Milky Lane via Hattch Today!

Frequently Asked Questions about a Milky Lane franchise

History of Milky Lane

Founded in 2016 by four friends at Bondi Beach, Australia, Milky Lane quickly gained popularity for its unique restaurant experience and vibrant atmosphere.  

Key Milestones

  • 2016: First location opened at Bondi Beach, becoming a social media phenomenon.
  • First Year: Achieved significant organic PR, disrupting the food and beverage industry.
  • 2017: Franchising began, leading to rapid expansion.
  • 2019: New stores opened in New South Wales; expansion plans for Queensland and Victoria; introduced 'Late Night' concept in Sydney’s King’s Cross.

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
  • 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
  • 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

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