Industry: Food/Hospitality - Restaurant, Food/Hospitality - Takeaway Food, Franchise - All, Food/Hospitality - Restaurant, Food/Hospitality - Takeaway Food, Franchise - All | Listed by: Milky Lane
New Store Opportunities With Milky Lane- Australia’s Leading Boutique Burger Brand!
Milky Lane is well-known for its unique burger dining experience– one which infuses great juicy burgers, wow-inspiring cocktails and designer desserts with old-school hip hop. Founded in 2016, Milky Lane has established a global brand with franchise interest from across the world due to its trendy combination of innovative menu development and social media reach. Also, their unique infrastructure makes them one of the coolest places to hang out with friends or enjoy some exclusive cocktails.
Milky Lane is now embarking on some serious development and is coming up with new greenfield sites in Victoria. They are looking for like-minded entrepreneurs who wish to partner with the company as a franchisee. This makes it a unique opportunity for anyone planning to start their own F&B business while benefiting from the brand’s established market presence, ongoing training and marketing support. You will also benefit from their ready-made audience and fan base, thanks to their high profile social media presence.
Six reasons to call Milky Lane your new business venture-
$62%-65%
Australia
Victoria
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Regional VIC
$Annual turnover- Circa $2.4 million
$62%-65%
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Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:
In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.
Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.
From start to finish, the entire business transaction can be done through the Eden Exchange platform.
We offer tailored financing options that work for you to get the deal done.
Know if you're paying too much for this business or if it’s right on the money.
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