Summary
ACE Body corporate management business has a 25 year history. Training & ($90k) income guarantee provided. High population growth will provide opportunities to grow your property management portfolio.
Royalties
6% of gross
Rent
$0 pa
Marketing Fees
$0 pa
Location Details
Cranbourne, Officer, Beaconsfield
The ACE Cranbourne territory includes Officer and Beaconsfield; forecast population growth of over 40% in the next 20 years means a lot of new strata properties that will enable you to grow your property portfolio.
About the Opportunity
This is a genuine opportunity to own an established profitable business in the growing strata management sector.
You will be supported by Australia’s premier owners corporation management company and senior industry specialists whilst having the flexibility that comes with owning your own business. Industry background or knowledge is not a requirement as extensive training and mentoring will be provided. Franchisees are typically professionals who have prior experience in management roles across a variety of industries who prefer to own their own business.
The strata industry continues to grow. In Victoria strata properties comprise 25% of existing residences but 50% of new builds. There are more than 65,000 strata properties, 500,000 lots, 1 million residents and a total asset value of over $50 billion. In Victoria 73% of owners corporations have 5 or less lots. For more information on this growth industry go to the ACE Body Corporate Management and Strata Community Association websites.
The Casey Shire is one of Australia’s fastest growing regions. The population s forecast to increase by more than 40% in the next 20 years. As an Ace franchisee you will have exclusive rights within the Cranbourne territory which also includes Beaconsfield and Officer. High population growth rates means that there will be large number of new strata properties being built providing real growth opportunities for this business.
We will continue to be an ACE franchisee to provide ongoing support and advice. We have owned ACE franchises since 2013. We remain committed to the business. This sale is a result of one of the directors deciding to retire.
No further financial information will be disclosed until confidentiality documents have been signed with Ace Head Office.
Marketing support
ACE Franchisees receive ongoing marketing support, training and education on running their own franchise. They benefit from national marketing, state advertising, group publicity, website with manager profile pages, and, most importantly, word-of-mouth referrals. Networking and building relationships with builders, developers and service providers such as conveyancers will result in referrals for new opportunities.
The industry has strong representation through the peak body, Strata Community Association.
Training provided
ACE recognises that two of the most important elements contributing to the success of a
franchise are training and support and will provide training in the skills needed to run your
Franchise. ACE will provide regular online and in person training courses plus an bi-annual national conference. The existing manager will mentor and provide initial and ongoing support as they will continue to be an Ace franchisee. New franchisees will be required to undertake training with their chosen software provider and in time to complete a Certificate IV.
Skills
The ideal ACE Franchisee is someone who has experience in bookkeeping or administration, is able to deal with a variety of personalities and has good organisational and communication skills. It is important that an ACE franchisee has the desire to succeed, a confident manner and the ability to gather information and advice so they can provide assistance and leadership to their owners corporations across a broad range of disciplines. Prior knowledge of the strata industry is not required as extensive training and mentoring will be provided.
Length of Agreement
First term is 10 years, and then 3 further terms of 10 years.
Year Business Established
2013
Year Franchising Commenced
1995
Site locations
125
History
Ace provides professional and personal management services to body corporates / owners corporations. All Ace franchisees are engaged in regular professional development programs to ensure that they understand the very latest regulation changes and codes of conduct. Their role is to ensure that the owners corporations they manage are meeting their legal obligations and that the properties are well maintained.
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