Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$300,000	Inventory	$5,000**
Gross Income	$726,000	Real Estate	$850,000**
Cash Flow	$130,000	Year Established	2005
FF&E	$20,000*	Employees	15

* included in the asking price

** not included in the asking price

Popular Skyline Chili Franchise is for sale. This is a great opportunity for someone who is interested in buying this franchise and possibly expanding to other locations. The building can be purchased for the current real estate value (approximately $800,000) or leased. The owners must relocate soon so they are interested in negotiating. They do have a manager who can take care of day-to-day operations. For more information about this great opportunity, call or email Sheryl Shultz (513) 564-1596 shandermann@cs.com

Facilities: The restaurant is located in Ashland, Kentucky. The business is in a stand alone building in the main business / retail area of the city. It is close to retail shops and other restaurants. The building is 5 years old. There is seating for 109. The business is open 7 days a week

Competition: The business is located in a high traffic area because of other retail businesses and restaurants. Most Skyline franchises only provide a 3 mile territory. This location has a 15 mile territory where no other Skylines are able to be built. It extends from Portsmouth Ohio to West Virginia. The company pays less in royalties and advertising fees.

Growth/Expansion: If a buyer has an interest in expanding and opening additional locations, this gives them the perfect opportunity. A survey was conducted a few years ago and 25% of the population said that they would go to a Skyline to eat.

Support/Training: Skyline Corporate provides training and will do a local promotion when the business changes ownership. The Sellers will stay up to 1 month to train the new Buyer.

Reason Selling: The owners must relocate