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Quest Apartment Hotels

Quest Apartment Hotels

Quality Serviced Apartments accommodating the business traveller

Quest Apartment Hotels is the largest and fastest growing apartment hotel operator in Australasia, with a network of 150 franchised properties across Australia, New Zealand and Fiji.

For over 25 years, Quest has provided convenient locations, reliable standards and flexible living conditions for extended stay corporate travellers among Australia’s top 500 companies.

Quest is now one of the top 15 apartment hotel providers in the world, and widely recognised as the market leader of apartment hotel accommodation in Australia.

To become a Quest Franchisee you must be prepared to make a significant investment and commitment to the business, both personally and financially.

And whilst a typical Quest Franchisee achieves an operating return of between 10% - 20% per cent of turnover, the rewards in terms of professional satisfaction and lifestyle are also significant.

However, overall success depends on many factors, including your ability and commitment to the business.

Once you’ve joined the Quest family, new franchisees receive ongoing support during the first year and beyond to ensure you are assisted in all aspects of running the business.

Investing in a Quest Franchise is not like buying a job – it’s buying into a business and a way of life.

We need our franchisees to be energetic, people-orientated and 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.

The process involves seven stages and can take up to six months. It includes a series of self-assessment profiles as well as interviews and spending time working within a Quest business.

We make the process so vigorous to ensure the right fit for both parties.

Quest Apartment Hotels has an exciting year ahead for new property growth in 2016. Visit our website for further information on new locations coming soon.

Snapshot

Year Brand Started:
1988
Year Franchising Started:
1988
Investment Levels:
$500,000 Above
Concept:
As Australasia’s largest apartment hotels operator, we have created a brand business travellers have come to rely on for over 25 years.

In fact, if you are interested in running one of our franchise businesses, it’s quite likely you have stayed with us, and know how crucial reliable standards and service are to business travellers.

We’ve created a business model that takes away some of the major challenges to achieving success in small business, with the support of one of Australia’s most recognisable brands.

You don’t need a background in hospitality to become a Quest franchisee, but you do need a proven track record in running a business or leading a team within a corporate environment. And you do need to be prepared to immerse yourself in the day-to-day running of your business.
Capital Investment Required:
$750,000 upwards
The cost of a Quest Franchise is calculated based on several factors including number of apartments, tenure, location and existing conditions. Quest is accredited with a number of major Australian Banks who have provided funding of up to 70% of the value of the business.
Qualifications Required:
We need our franchisees to be energetic, people-orientated and 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.
Resale Opportunity:
We are rapidly expanding this network, opening between 4 and 10 new businesses every year for more than a decade. This growth creates opportunities for our franchisees to expand their own businesses, with many of our existing franchisees owning multiple businesses.
Franchise Business Established:
1988
Training and Support:
The Quest Franchise Operations Manual is comprehensive and provides Franchisees with policies, procedures, guidance, resources and training materials on all aspects of operating a Quest Franchised Business.

Field support is provided through a dedicated Franchise Relationship Manager & Area Sales Manager. A dedicated Franchise Operations team supports Franchisees to operate within the Quest business format franchise system.
Marketing Support:
Quest has a dedicated team of National Account Managers – they contribute to approximately 40% of Quest group accommodation revenues.
Finance Options:
Quest is accredited with a
number of major Australian Banks who have provided funding of up to 70% of the
value of the business.
Franchise Fee:
Application fee:
$1,000.00 plus GST per application.
This application fee forms part of the approval process
Initial franchise fee:
$50,000 plus GST
This covers start up training costs provided by Quest. (Travel and Accommodation not included)
Ongoing Fees
Gross sales fee: 8% of Gross Sales plus GST (payable monthly in arrears)
Brand fee: 1% of Gross Sales plus GST (payable monthly in arrears)
Addition Setup Costs:
Prepaid expenses:
Between $30,000 to $150,000 plus GST (indicative costs)
These costs contribute to the purchase of the existing prepaid expenses of the business
Additional funds including working capital:
To qualify for a Quest Franchise, you must have available working capital available to you, the amount of which will vary depending on size, maturity of business and other factors.
Number of Units:
We have more than 150 properties across Australia, New Zealand and Fiji.

Franchises for Sale

NEW

Mends Street

Investment Required:
$500,000 Above

Description:

The Quest on Mends Street business offers a unique opportunity to become associated with the Quest Brand, one of the most successful franchise systems in Australia. Quest on Mends Street Business offers the prospective purchaser the leasehold interest of a 90 key serviced apartment building comprising studio, one and two bedroom apartments. View More...
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Mends Street
NEW

Cannon Hill

Investment Required:
$500,000 Above

Description:

The Quest Cannon Hill business offers a unique opportunity to become associated with the Quest Brand, one of the most successful franchise systems in Australia. Quest Cannon Hill offers the prospective purchaser the leasehold interest of a 100 key serviced apartment building comprising studio, one and two bedroom apartments. View More...
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Cannon  Hill
NEW

Innaloo

Investment Required:
$500,000 Above

Description:

The Quest Innaloo business offers a unique opportunity to become associated with the Quest Brand, one of the most successful franchise systems in Australia.  View More...
View All Info
Innaloo
NEW

Midland

Investment Required:
$500,000 Above

Description:

The Quest Midland business offers a unique opportunity to become associated with the Quest Brand, one of the most successful franchise systems in Australia. View More...
View All Info
Midland

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Contact

Quest Apartment Hotels
Level 21
390 St Kilda Road
MELBOURNE
VIC 3004
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