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Listing Id: 33763 Last Refreshed: 05/12/2024 Total Views: 10 Broker Ref: 21591

Exciting Franchise Opportunity For Adelaide Corporate Serviced Apartment Accommodation

Adelaide, South AustraliaProperty Management
Asking Price: $425,000
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

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Description

An exceptional opportunity awaits as you step into the coveted, medium to long-term corporate accommodation franchise for the vibrant city of Adelaide.

Step into the heart of South Australia's lucrative corporate accommodation sector with this exceptional opportunity. Elevate your entrepreneurial spirit as you step into a thriving medium to long-term corporate accommodation franchise, positioned for unprecedented growth and success.

With so many infrastructure and development projects currently planned and underway in Adelaide and across South Australia, the corporate accommodation market is ripe for the taking, and this franchise puts you right in the centre of it all. With a proven track record spanning over two decades, you're not just buying into a franchise; you're tapping into a network of established relationships with industry giants and travel management companies. These connections are your ticket to success, setting you apart from the competition from day one.

But it's not just about the historyit's about the future. With projections indicating the potential for up to 25 apartments within the next 12-18 months, the sky's the limit for your earning potential. And the best part? The simplicity of the business model. Whether you're flying solo or building a small team, the initial investment is modest, and ongoing expenses are minimal, ensuring your profitability from the get-go.

How it Works:

Franchisees secure residential apartments through standard tenancy agreements, typically spanning 12 months and often extending year after year. Take charge of rent, bond, and utility connections, transforming these spaces into premium accommodations ready to welcome corporate clients, and facilitating relocations for staff and executives from across Australia and around the globe.

What Sets This Opportunity Apart?
An effortless business model, adaptable for individual management or as part of a small, dedicated team.
A modest initial franchise fee opens the door to franchise ownership and launches your entrepreneurial journey.
Minimal ongoing expenditures, with incremental growth requiring only a modest outlay (four weeks' rent, bond, and furnishings per apartment).
Lucrative prospects: Expect exceptional future growth and earning opportunities in the ever-expanding corporate travel sector.
A legacy of 22 years of uninterrupted operation in Australia's capital cities speaks volumes about the unwavering commitment to excellence and success.
Don't let this opportunity pass you by. Seize the chance to shape your future, and join the ranks of successful entrepreneurs in Adelaide's corporate letting scene.

Adelaide awaits. Are you ready to answer the call?

Asking Price: Initial Franchise Fee $125,000 + Working Capital ($300k $400k)*

* A large part of the working capital is required for Bonds for the apartments, which are held in trust and refunded at the expiration of any tenancy.

For a full Information Memorandum, copy and paste this link to complete the confidentiality agreement - https://forms.gle/iuWurbZrx8vbtF549

Business Operation

Yes, this is franchise business.
Franchise
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