Summary
We’re looking for ambitious people with that special spark to become Quest franchisees, and take on the opportunity to own a local business backed by a global brand.
Royalties
8% of gross
Marketing Fees
1% of gross
Location Details
Central location in Melbourne CBD, a 10-minute walk from Bourke Street Mall, and in close proximity to Crown Casino, Etihad Stadium, The Arts Precinct, Queen Victoria Market and Southbank.
About the Opportunity
Quest on William offers the prospective purchaser the leasehold interest of a 47 key serviced apartment building comprising Studio, One Bedroom Apartment, Two Bedroom Standard and Three Bedroom Apartments.
The apartments have fully equipped kitchens, bathrooms, full laundry facilities, separate living and dining areas in all types of apartments, internet access and quality furniture and fittings.
Training provided
New franchisees complete a 12 week foundation training program and 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 & 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.
Length of Agreement
Franchise Agreement Terms - Initial term: 5 years Further terms: 3 x 5 years
Year Business Established
1998
Year Franchising Commenced
1988
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 & franchising industries. Quest has maintained its FRANdata 5-star Australian Franchise Rating Scale since 2019.
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