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Invest in Success with Quest Breakfast Creek! Once in a lifetime opportunity

$6,975,000

Hotel Hospitality, ALBION QLD

Ras360 Property Solutions are excited to present the leasehold interest and franchise sale of the highly successful Quest 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 $1,809,623 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), totalling $1,841,124, 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 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 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 Solutions. 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 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

More Information

Financial Overview

  • Total Purchase Price: $6,975,000
  • Net Income: $ 0 ()
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 0
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Multiplier: 0.0
    This is the approximate number of years the business' revenue would pay for the business component.

Letting Business

  • Letting Pool: TBC
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 0
    Number of units resided in by their owners.
  • Lock Ups: 0
    Number of units owners are not renting out, but also do not live in.
  • Outside Agents: 0
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: TBC
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 0
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 0 years
    How long is the caretaking contract.
  • Agreement Remaining: 0 years
    How long remains on the caretaking contract before it must be renewed?
  • Agreement Age: 0 years
    How long has the management rights existed.
  • Obligatory Office Hours:
    Are there any set office hours stipulated in the contract?
  • Real Estate Component

  • Manager's Unit:   0 0
  • Included Real Estate: $ 0
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 0
  • Office On Title: 0
    Is there a manager's office included on the title?
  • Pets: No
    Can the manager own a pet on site?
  • Location

  • Address: ALBION QLD Australia
  • Listing Agent Contact Details

    %2Fusers%2Flogo_755052%2F1.jpg Click here to view full profile for: Ras360

    Portrait

    Malcolm O

    Office : 0755930...
    Mobile : 0423 091 151, or 0448 339 ...

    Ras360

    https://ras360.com.au/management-rights/


    Send an Email:


    Similar Properties

    • Property ID: 21136148
    • Broker's Ref:
    • =755052
    • Last Update: 2 months ago.
    • Listing Type: Hotel
    • Price: $6,975,000
    • ALBION, QLD

    Agent Details

    %2Fusers%2Flogo_755052%2F1.jpg Click here to view full profile for: Ras360

    Portrait

    Malcolm O

    Office : 0755930...
    Mobile : 0423 091 151, or 0448 339 ...

    Ras360

    https://ras360.com.au/management-rights/


    Send an Email:


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