Quest Atrium
Quest Atrium 159 The Terrace
$1,210,000 Plus GST (if any)
About the business
This established Quest business is a serious investment worthy of review. Situated in Wellington CBD, this business caters to corporate and leisure clients offering full serviced apartment accommodation with approximately 60 apartments in the letting pool.
Superb location, superbly appointed serviced apartments, consistent sales and occupancy with room for business growth.
The Business Opportunity
This is a Quest Franchise business. A new 20 year franchise will be granted by Quest upon satisfaction of application and training, a condition of sale with the business purchaser. The Quest franchise systems assist new franchisees to succeed with this award winning brand.
The Quest Atrium business consists of approximately 60 full service apartments under lease or casual management agreements, allowing the business operator to increase the apartments in their letting pool in response to market conditions.
Wellington is a dynamic, vibrant capital city offering a social lifestyle and corporate environment to new business owners.
Approximate Yield:
25% ROI
Quest Funding & Gearing Ratio's Indicator
The maximum debt that Quest will consider to be secured against the franchise will be 2 x the proven ebitow, based upon an average over the previous 24 months prior to the sale. Quest has arranged an introduction with Westpac Bank for finance per their funding criteria, each case treated individually on its merits.
Purchasers are invited to contact the vendor's agent to discuss the business, and Quest Franchise.
Lindsay Sandes 021 895 940 lindsay@resortbrokers.co.nz
Property feature www.questatrium.co.nz
Location
Enquire about this business
Lindsay Sandes
- M 021 895 940
- D 09 369 9707
- W 09 369 9708
- View My Profile
Agents Details
Lindsay Sandes
- M 021 895 940
- D 09 369 9707
- W 09 369 9708
- View My Profile
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