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Hotel Franchise Business available, partner with Quest Apartment Hotels.
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
Located in an enviable position within the CBD fringe of Melbourne and being offered for sale as one opportunity. Both properties are located alongside the MCG, Punt Road Oval, Rod Laver Arena, AAMI Park, Federation Square, and the heart of the CBD.
About the Opportunity
The business of Quest Jolimont along with the business of Quest East Melbourne is being offered for sale as one opportunity.
Quest Jolimont is a boutique property with stylish fittings and furnishings and is located just 500 metres from Melbourne CBD. Offering a 20 key serviced apartment building comprising one- and two-bedroom apartments with fully equipped kitchens, bathrooms, laundry facilities & separate living and dining areas in one & two bed apartments.
Quest East Melbourne is nestled closely between Melbourne’s CBD and Richmond Cosmopolitan
areas and guests have only a 5-minute walk to Richmond’s Bridge Road shopping precinct and
restaurants in addition to all the Melbourne CBD has to offer. Quest East Melbourne offers the prospective purchaser the leasehold interest of a 40 key serviced apartment building comprising studio, studio executive and studio twin apartments with internet, kitchenette facilities and quality fixtures and fittings.
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 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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