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DealProspect/Listings/Hospitality & Tourism

Quest Nelson – Franchise Serviced Apartment Hotel

Hotel

ActiveHospitality & TourismB2C
Asking price
$2,590,000
Disclosed · NZD
Revenue
$2,455,000
TTM
Earnings
$661,000
Implied multiple
3.9×
asking / earnings

Brief

  • Quest-branded serviced apartment hotel in the heart of Nelson, purpose-built and just 11 years old
  • 40 apartments comprising studio, one- and two-bedroom units
  • Single landlord with lease through to 2045; consistent sales growth
  • Franchisee of the Year finalist 2025, with significant brand market penetration across Australasia
  • Exceptional summer trade supports quieter winter periods; full training provided before settlement