If you are looking for a business that is versatile, flexible, lifestyle giving, passive, profitable, exclusive, easy to operate with built in demand and in a growing sector then keep reading.........
This business can “hand-pick” any apartment, anywhere, at any time in order to grow and respond to a market demand which is fluctuating throughout the year – this freedom and
flexibility is literal. Compare to leasehold hotels and management rights business this business is not limited to only being able to offer the same type of unit, from one building.
This business has the ability to be able to respond quickly to a growing market demand, at any time of year by leasing a new apartment within a short notice period of only 24 hours (due to the strong relationship with onsite management and real estate agents in Brisbane), it can maintain complete control over the process, takes on the actual apartment lease (min. 6 months) directly, for the particular apartment of interest, choosing between a 1, 2 or 3 bedroom apartment.
The business does not have to keep an apartment if it is vacant or needs to be located closer to a major client's office. Not being restricted to one complex, in one location, it can release an apartment when the lease ends after a minimum period of 6 months.
For this business, it is fortunate to have grown and has continued to being built around the owner’s philosophy of working smart, not hard, allowing the staff member to be delegated the majority of the day to day tasks such as meeting and greeting executives when they first arrive at the apartment, within Brisbane (1 staff conveniently resides in the Brisbane area).
The new owner can live wherever they want. The are two part-time owners, one lives one and a half hours drive from Brisbane CBD and the second owner lives interstate.
This business has numerous on-going supply contracts with high quality corporate and government clients nationally.
The average stay being a massive 6 weeks (and others being 12 months +) means that once a 20 minute meet and greet has been completed by the staff member when the executive is first settled into their apartment, then there is nothing much else to do while they are there other than to raise an invoice to their employer.
A huge 70% of the existing client business and sales are repeat, referred or sourced online, new enquiries are received from the main company website everyday consistently – including an on-going investment in Google AdWords and initiatives to enhance SEO rankings etc. – all managed by the franchisor, (contact us for franchisor information) and other on-line based accommodation websites, also taking and directing bookings to this business. The current owner does not need to do much more than responding to the phone calls, emails to retain the current income.
Huge upside for growth
The sales growth experienced by this business and its financial returns, in the current owner’s case, has not been directly generated by its active or purposeful marketing efforts and activity. Therefore the new owner(s) could source as many apartments to accommodate its executives, as it desires and grow the net profit.
The business has a minimum of 7 days stay policy, whereas a new owner who is not so protective of time invested, lifestyle and input, could open this business up to another high demand and distinct market, by offering 1-7 day stays, which requires more time of staff or owner.
However, your effort will be rewarded handsomely, this market attracts a higher room rate and higher profit yield for this extra investment. Opening up to engaging this market segment, would offer this business an even greater diversity and add further profit.
An opportunity has been identified by the current business owner to expand into a few additional 'pods' growth areas within a 30km radius in other suburbs based on the owners knowledge of other corporate client opportunities ready for the picking.
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Any good business has an element of exclusivity and so does this business. There is a long term, 15 year (with the potential of 20 years) restraint of trade provision within the contract, being with head office that protects this business from having any other business enter the Brisbane area within 30km of the Brisbane GPO.
Easy to operate
This business does not require any special background or skill of a new owner/investor. Even the staff don’t have to have any particular background or skill to operate the business.
There is a detailed procedure manual in place, as with staff support of everyday tasks.
A new owner could easily delegate book keeping to reduce owner hours invested per week.
Business development is fully systemised and in place, with an updated version of the customised booking software management system which is central to this business’ operation. Sales and profits have continued to soar for this owner/investor, as the head office of this business provides a Marketing / Business Development Manager that generates and sends this business new corporate client leads and new client business by way of negotiated, national corporate contracts etc.
There is a built in demand for this business
As Brisbane continues to live up to its national reputation of being one of the fastest growing cities in Australia, this business is poised to offer clients a broad range of choice of apartments, not limited to one building complex or type/style. There is power in this offering...just ask the 300 odd active corporate clients presently and actively engaging this business on an on-going business – having done so for years now.
Read the Global Growth Article below, click on download file to open.
Consistent Cash Flow
With high quality, nationally respected and renowned corporate clients on the books, with repeat client rate of 70%, means that it has never had to experience a client not paying their bill.
Low over head
It requires a low cost infrastructure - no rental of premises/offices, no unit to buy like most management rights businesses, no real estate licence, one staff member to support between $1.7 to $2 million in sales p.a.
High barrier to entry
It has taken years for this national company to generate a long list of national supply contracts, and a central booking system designed and customised to make this operation secure and easy to operate.
The business is portable anywhere in the world, it can be securely accessed with a computer and internet connection anywhere in the world, at any time of night and day.
There is so much more to this low cost, high profit and flexible, exciting business
opportunity than first meets the eye.
This business is a winner due to the freedom of time that the
owners enjoy, the perpetual cash flow generated, without a worry of bad debts and non-paying clients and once a client has taken up in an apartment, what is there left to do? All you do is raise an invoice each month for the rental, which generates a high profit margin over and against the weekly rent being paid for the apartment.
2. Business at a glance
5. Building Snap Shot and Stay Statistics
6. 20+ reasons why this is a great business
7. Would you like to know more information or have a question, click here we will get back to you within 2 hours
8. Sale Process and Timing
9. Expression of Interest Form
10. Industry Report