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Invest in Success with Quest at Breakfast Creek! Once in a lifetime opportunity
$6,975,000
Hotel Hospitality, ALBION QLD
Ras360 Property Group are excited to present the leasehold interest and franchise sale of the highly successful Quest at Breakfast Creek. With a stellar reputation and proven financial performance, this opportunity is perfect for astute investors looking to capitalize on a leading apartment hotel brand in Australia.
With a reported nett profit of $1,729,337 for the 12 months ending in May 2024, and an additional nett profit of $31,501 derived from permanent letting (15 rooms, reduced from 32 a year ago), this opportunity is financially compelling. This report has been prepared for the purposes of the sale by Holmans, a leading accommodation industry accountancy, in conjunction with the audited financials used within the Quest network.
Quest at Breakfast Creek exemplifies the success of the Quest franchise model, offering spacious and well-appointed apartment-style rooms that cater to the needs of their target market being corporate guests and this property benefits from considerable leisure travellers alike. As Australia's leading apartment hotel brand, Quest is backed by Ascott Hotels, ensuring robust support and an extensive network.
-Extra Long Lease Term: Secure your investment with the peace of mind provided by an extended lease (expires in 2057), negotiated with an extremely supportive landlord.
-Strong Brand Association: Benefit from being part of Quest, the premier apartment hotel brand in Australia, renowned for its quality and consistency.
-High Occupancy Rates: Enjoy consistent high occupancy rates due to the strategic location and exceptional service offered by Quest at Breakfast Creek.
This is an exceptional chance to acquire a thriving business with a solid financial track record and the backing of a proven brand. The combination of a strong reported nett profit, national franchise brand and support, and a favourable lease term supported by a world class landlord makes this an unmissable investment opportunity.
For more information or to arrange a confidential discussion, please contact Nathan Eades of Ras 360 Property Group. Nathan, one of the most experienced brokers in selling Quest properties in Australia, can expertly guide you through the process of becoming a Quest franchisee.
** Ras360 Property Solutions Specialists in Motels | Hotels | Pubs | Parks | Management Rights **
More Information
- Total Purchase Price: $6,975,000
- Net Income: $ 0
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