Gather your ingredients to make the process smoother and more enjoyable!
In your small saucepan, mix together the granulated sugar and cocoa powder until well combined to avoid clumps.
Add the salted butter to the dry mixture and pour in the milk. Place the saucepan over medium heat.
Continuously stir the mixture as it heats until the butter is fully melted and the mixture is well combined.
Once smooth and glossy, remove from heat and stir in the vanilla extract.
Transfer the hot fudge sauce to a serving dish or jar and enjoy!