Summary
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.
Royalties
8% of gross
Marketing Fees
1% of gross
Location Details
The businesses are well positioned in Chermside, a northern suburb of Brisbane. Quest Chermside is in a prominent position in the Chermside central commercial precinct & Quest Chermside on Playfield in a quiet street within the heart of the precinct.
About the Opportunity
The business of Quest Chermside on Playfield & Quest Chermside is being offered for sale as one
opportunity.
Quest Chermside on Playfield offers the prospective purchaser the leasehold interest of a 48 apartment / 78 key serviced apartment building.
Quest Chermside offers the prospective purchaser the leasehold interest of a 28 apartment/54 key serviced apartment building. In 2024 a full refurbishment of the hotel was undertaken.
Each feature Studio, One and Two Bedroom Apartments. All apartments enjoy complimentary Wi-Fi, housekeeping services and replenishment of amenities.
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 & 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
2008
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 score since 2019.
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