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Connect with Astra Apartments

Astra Apartments started in 2001, since then it has grown into a national franchise operation accommodating executives who work for many of the most respected companies from Australia and around the world. Today, our urban footprint now extends to more than 450 serviced apartments centrally located in the commercial districts across Australia.

Astra Apartments currently has 15 franchise territories located in many of Australia’s prime central business districts, providing over 100,000 room nights to our valued corporate clients each year. Each territory is owned and managed by a passionate team of professionals. Astra Apartments have created a strong brand amongst global relocation companies, international corporate travel managers and travel organisers for blue-chip clients.

Business growth provides opportunities for new Fanchisees to join our family. With a tried and proven business model, cloud-based management systems, a strong brand and centralised support in the form of marketing and business development the right person can enjoy the exhilaration and benefits of owning and growing their own business.

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About Astra Apartments

Currently located in Brisbane, Sydney, Canberra, Melbourne and Perth. Our serviced apartments are convenient to corporate headquarters and close to transport links. Shops, cafes and supermarkets are all within easy walking distance of our fully furnished apartments.

Astra Apartments understands what business executives need when they travel. We also understand that people who manage executive travel need a personalised and convenient service they can rely on. That’s why national and international clients value Astra Apartments high standard offering, ease of doing business and the peace of mind they gain from booking with us. Clients have asked us to expand our footprint to include regional, national and international locations.

The Astra Apartments Difference

Unlike other accommodation providers, Astra Apartments specialises in providing full-sized, furnished residential apartments for medium to long stays with the average length of stay being 6 weeks (industry average for hotels and serviced apartments is 2-3nights)

A critical difference to the “chains” is that Astra Apartments provides modern, spacious, executive apartments, whereas apartments provided by our competitors are often smaller. Also, unlike most accommodation providers Astra Apartments portfolio of apartments can be grown incrementally, meaning lower capital outlay and growth which can be funded from cash flow.


Benefits of Joining Astra Apartments

Astra Apartments is an attractive franchise proposition on many fronts, including:

  1. Relatively low initial capital outlay. There is no store fit out cost or equipment to purchase. Just the initial franchise fee, legals and capital to pay for bonds and furniture of the first apartments.
  2. Opportunity for high earnings and to grow a business of considerable value. With 30 apartments and annual revenues in the region of $2million, you should be making an operating profit margin (before interest and tax) of 10-25%
  3. Astra Apartments is a low overhead business. One full-time person should be able to manage a 30 apartment territory.
  4. The Astra Apartments inventory model means that capacity can be flexed up or down to meet demand
  5. The business model allows you to manage your life, unlike a shop or other business to consumer enterprises where you are tied to opening hours, you can manage mot of the business activities around other commitments.
  6. The cloud-based property management system can be accessed anywhere. You can respond to client enquiries and manage the business from anywhere in the world. Many of our franchisees manage remotely and use part-time staff at the apartments.
  7. Franchising allows you to compare your business performance with other businesses in the network. You can identify areas to improve and learn how other achieve the outcomes you want

To find out more about Astra Apartments visit www.astrafranchise.com.au 



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