Location:
Moonee Ponds 3039 > Melbourne - Greater > Victoria
Investment level:
$4,850,000
Type:
Franchise Resale
Industry:
Accommodation, Tourism & Leisure > Accommodation & Tourism
We’re looking for ambitious people to become Quest franchisees, and take on the opportunity to own a local business backed by a global brand.
8% of gross
1% of gross
Located directly opposite the Moonee Valley Racecourse, a highly walkable and premium
location in the heart of Moonee Ponds, 8km from Melbourne CBD. The property is just a short stroll from Puckle St’s vibrant shopping, cafés and other amenities.
Quest Moonee Valley offers the prospective purchaser the leasehold interest of a 61 key serviced apartment building comprising studio, one- and two-bedroom apartments, plus 4 x Townhouses comprising of 3 x 2 Bedroom and 1 x 3 Bedroom. The studio apartments feature kitchenettes and open plan living, while the One-, Two- and Three-bedroom apartments feature fully serviced kitchen and laundry facilities.
An outstanding location with excellent connectivity to Essendon Airport (7km ) and Melbourne Airport (15km ). Melbourne CBD is a short commute (8km) by road or public transport, and multiple tram and bus services nearby make commuting into the city flexible and traightforward.
This prime position allows guests to enjoy all the benefits of inner-suburban living while staying
perfectly connected to Melbourne’s key economic, transport, and lifestyle hubs.
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.
Franchisees need to be energetic, people-orientated & 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 an extensive selection process to ensure the right fit.
Franchise Agreement Terms - Initial term: 5 years Further terms: 3 x 5 years
2006
1988
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
Quest has been recognised for its accomplishments in both the accommodation & franchising industries. Quest has maintained its FRANdata 5-star Australian Franchise Rating Scale score since 2019.
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