Melbourne South-East

Quest Apartment Hotels

Investment Level:

$880,000.00

Location benefits:

The Dandenong region is the largest industrial precinct in Victoria. This productive market sector is complimented by Sandown racetracks, leading hospitals, government offices, education agencies and a vibrant local sporting zone.

Agreement Terms:

Franchise Agreement Terms - Initial term: 5 years Further terms: 3 x 5 years

Concept:

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.

Ideal for:

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.

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About this opportunity

The Quest Dandenong business offers a unique opportunity to join the Quest Brand by acquiring a well-established and attractive boutique property in the thriving southeast commercial corridor 35 kilometres from Melbourne.

With its generous sized rooms, abundance of natural light and relaxed feel Quest Dandenong provides a professional yet informal feel that truly helps the corporate traveller relax and feel at home. It is this ambience that has helped Quest Dandenong maintain its consistently high rankings based on customer feedback benchmarked against the Quest Network.

Additional features and benefits of the property are as follows:
• A charming building with an Edwardian exterior which contributes to the appeal of the property
• A spacious, attractive central courtyard and outdoor pool which was fully renovated in 2019. Sporting groups in particular love this.
• An outstanding location; A short walk to the supermarket, the culinary and cultural centre of Dandenong and the famous Dandenong Market
• Easy access to Eastlink, the M1 freeway and the Industrial zone
• The recent refurbishment presents the property in excellent condition with negligible short to medium term expenditure needed on replacement of furnishings and fittings
• A welcoming and attractive foyer, reception and office area
• A bright and spacious conference room of 60 square metres which is reported by many function hosts as being the most comfortable in Dandenong in terms of access, parking and natural light
• An adjacent generous external carpark with no height restrictions
• A wide spread of loyal corporate customers with no significant reliance on any one corporate account

Businesses for Sale

Investment required:
$2,700,000.00
Description

Recently refurbished, the well-appointed, one (54 Sqm) & two Bedroom apartments (72 Sqm) offer the extra space and convenience of separate living, dining, bedroom area and private laundry facilities. All

Investment required:
$3,950,000.00
Description

The Quest Bunbury business is well positioned for the ongoing growth potential in the Bunbury accommodation market, as well as offering a new Franchisee with potential opportunities to benefit from