Sydney, New South Wales

Franchise opportunity with huge potential

$325,000

Business Description

Rare franchise re-sale opportunity covering prime Sydney metro locations.

Excellent entry point into the large corporate accommodation market

Long-stay business focus; no short term tourist bookings.

Well established, high performing furnished apartment business. 15 years’ profitable track record servicing blue chip corporate customers, major travel agents and domestic and international relocation companies.

The inventory of 12 furnished apartments is located in the key business districts of Chatswood, Macquarie Park and St Leonards. These strategic locations also service a wider corporate market in North Ryde, Frenchs Forest, Belrose, Artarmon and Lane Cove West.

Low investment level. No fixed assets. Simple business model that is easy to run. Perfect start for someone new to the accommodation field.

Discounted for Covid. Start small and grow!

Astra Apartments is a national franchise network providing medium to long term serviced apartment accommodation to the corporate market. The Astra brand is highly regarded within the corporate accommodation sector. It is a premium provider with a high percentage of repeat bookings from large, well known companies, corporate travel agents and relocation consultants.

As a franchisee, you will receive detailed training from the Franchisor and vendor about all aspects of running and growing your new business. You will be joining a small group of experienced franchisees who work together and share business opportunities.

Property Summary

Business Snapshot
-Price: $325,000 (+ bonds + SAV $25,000)

Hotel information

-Total rooms: 12
-Stars: 4

Other features/ Notes: This opportunity includes two territories:
- Chatswood / Macquarie Park
- St Leonards

Each territory has a separate franchise agreement which will be assigned to the buyer subject to approval by the Franchisor.

Business Summary

Hotel Information

Total Rooms: 12Stars: 4Restaurant Facilities: NoLiquor Licence: NoRestaurant: NoLease: -
Marketing Agent
MIchael Kaldor
MIchael Kaldor

Key Investment Insights

Key insights for this business for sale listing include:

1. Rare franchise re-sale opportunity covering prime Sydney metro locations.
2. Excellent entry point into the large corporate accommodation market.
3. Long-stay business focus; no short term tourist bookings.
4. Well established, high performing furnished apartment business with 15 years’ profitable track record.
5. Servicing blue chip corporate customers, major travel agents and domestic and international relocation companies.
6. Inventory of 12 furnished apartments strategically located in key business districts.
7. Low investment level with no fixed assets.
8. Simple business model that is easy to run.
9. Discounted for Covid, providing a perfect opportunity to start small and grow.
10. Astra Apartments is a highly regarded national franchise network with a premium brand.
11. Franchisees receive detailed training and support from the Franchisor and vendor.
12. Opportunity to join a small group of experienced franchisees and share business opportunities.
13. Includes two territories: Chatswood/Macquarie Park and St Leonards.
14. Each territory has a separate franchise agreement which will be assigned to the buyer.
15. Approval from the Franchisor is required for the assignment of the franchise agreements.
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