Hotel Franchise Business available, partner with Quest Apartment Hotels.

21 days ago

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Summary

Hotel Franchise Business for sale-opportunity to partner with Quest, Australasia’s largest apartment hotel operator & recipient of the first 5-star rating on the Australian Franchise Rating scale

Royalties

8% of gross

Marketing Fees

1% of gross

Location Details

1 Eildon Road, St Kilda, VIC 3182
St Kilda, an inner-city suburb of Victoria is 5km SE of Melbourne CBD, the business is located in a quiet & leafy residential street, yet in the heart of St Kilda & minutes’ walk of all that St Kilda has to offer including restaurants, shops & cafes

Training provided

New franchisees receive ongoing support during the first year and beyond to ensure they are assisted in all aspects of running the business.
This includes sales and operational support, business advice and the more practical operations manual containing every aspect of operating a Quest Franchise Business.

The widespread recognition – and power – of the Quest brand also underpins the support provided to franchisees through national marketing campaigns.

Skills

Franchisees need to be energetic, people-orientated and committed to working within our franchise system framework. It helps if you have previous experience as a successful business owner or have worked within a medium-large corporate enterprise, because running a Quest Franchise is a capital-intensive business.

You don’t need a background in hospitality to become a Quest franchisee, but you do need to be prepared to immerse yourself in the day-to-day running of your business.

There's a vigorous selection process to ensure the right fit.

Length of Agreement

Franchise Agreement Terms - Initial term: 5 years Further terms: 3 x 5 years

About the Opportunity

The Quest St Kilda Bayside business offers a unique opportunity to become associated with the Quest Brand, one of the most successful franchise systems in Australia. It is well positioned for future potential growth in the St Kilda accommodation market.

The Quest St Kilda Bayside business is well positioned in St Kilda, an inner-city suburb of Victoria. Located in Port Phillip Council it is approximately 5 kilometres south-east of the Melbourne CBD and forms part of the fully established inner bayside suburb of St Kilda. It is located in a quiet and leafy residential street, yet in the heart of St Kilda and within minutes’ walk of all that St Kilda has to offer – restaurants, shops and cafes in busy Acland and Fitzroy streets, St Kilda pier, sea baths and function centre (Encore), the Palais Theatre, Luna Park and Albert Park (Grand Prix Circuit). Quest St Kilda Bayside is also only 2 minutes’ walk to the tram stop that provides easy access to the Melbourne Sports and Aquatic Centre, Melbourne CBD, Melbourne Cricket Ground, Etihad Stadium, Margaret Court Arena and other major Melbourne attractions. The Spirit of Tasmania ferry terminal is only 4.5km from the property.

The property is within 200 metres of Fitzroy Street, a well-established strip centre which has enjoyed a high level of retail activity. Port Phillip Council has plans to further rejuvenate this strip. Fitzroy Street and neighbouring Grey Street have also been the sites for the Channel Nine show ‘The Block’, which has provided national exposure of St Kilda.

Quest St Kilda Bayside enjoys a balanced mix of both the leisure and corporate market. The leisure market assists in providing a strong yielding capability throughout the warmer months and peak event periods, while the winter months are supported by a reliable corporate base. Corporate customers tend to choose to stay in the St Kilda area, despite working in other (sometimes outer) suburbs, due to the cosmopolitan nature of St Kilda – this particularly applies to extended stay guests.

Year Business Established

1997

Year Franchising Commenced

1988

Site locations

176

History

Quest was born from humble beginnings in 1988, with one property in Fitzroy, on the fringe of Melbourne’s central business district. Since then, Quest has emerged to become the largest and most successful apartment hotels brand in Australasia.

Today, travellers choose Quest, which is widely recognised for providing spacious and convenient accommodation for guests travelling for extended periods of time

Awards

Quest has been recognised for its accomplishments in both the accommodation and franchising industries, receiving a number of awards.



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