Property Description

For Sale By Owner

SANTASKA, INC., an Alaska Corporation, is the 100% owner of the 28.16 acres of property described herein.

Contact

Rudy De La Garza at 210-861-8353 CST

or email RUDYWDLG@gmail.com.

The Property For Sale

With the purchase of 100% of SANTASKA’S STOCK for $1,500,000.00.
The estimated repairs and equipment required to complete the processing plant is an additional $1,800,000.00 for a total of $3,300,000.00.
My projections show year 1 with a Gross loss of -$857,170.00 and a remaining working capital of $1,167,830.00. In the second year a Gross profit of $1,666,544.00 and a remaining working capital of $2,309,375.00. In the third year a Gross profit of $4,101,148.00 and a remaining working capital of $5,601,148.00. (request my personal proforma for your review)
I have researched the market and estimated the cost of repairs and equipment required for the processing plant competition. My advice is that you do your evaluation.
My forecasts for the pro forma and financial projected information, are available on request from prospective Investors, or buyers. They are for illustrative purposes only and are based upon assumptions made regarding hypothetical future events. There is no assurance that actual events will correspond with the assumptions or that factors beyond the control will not affect the assumptions and adversely affect the illustrative value and conclusions of any forecasts.
To review my forecast in the format of the cost of goods and services with projected Gross and Net profit contact me.

The Property

One of the best locations on the Alaskan Egegik River is only a few miles upriver from what is considered the world’s greatest Salmon fishing bay, “Bristol Bay”. The property is near 2 airfields for transportation.
Location is Grandfathered in a non-taxable location.
The Deed is from 1896 making it not subject to the Wet Claims Act or the Corp of Engineers for construction.
28.16 Acres of land and 6 more acres of underwater beachfront.
Abundant water from the lake, no wells required.
About the last place in Bristol Bay with waterfront property to build and run a profitable fishing processing plant.
The Egegik River is the only drainage in Bristol Bay that has a return of all species of salmon, with the Pink Salmon returning the lowest.
Over hundreds of thousands of dollars of Multiple Buildings on the property.
Over $150,000 of equipment and working machinery. (see images for list)
Estimated value of land and improvements is $2.5 million, before processing eq.

History

This valued location was once a full-time cannery called the Wards Cove Packing Company. The company closed in 2004 and was sold to non-fishing interests as was agreed to at the time.
In April 2008 Santaska, Inc. acquired the property. It was the Santaska’s owner’s original intention to reopen the Cannery. Unfortunately, due to other obligations, and investments, the owners were never able to dedicate the time and money necessary to reopen the cannery.

The Legal Description Of The Property

U.S. Survey No. 486, Kvichak Recording District, Third Judicial District, State of Alaska and any associated rights of use under State of Alaska Certificate of Appropriation of Water, LAS 18756. Alaska Tidelands Survey No. 184, Kvichak Recording District, Third Judicial District, State of Alaska and any associated rights of use under State of Alaska Certificate of Appropriation of Water, LAS 18756. Tract 1 of U.S. Survey No. 2230, according to Plat 91-2, Kvichak Recording. District, Third Judicial District, State of Alaska.

List of equipment owned and on the property of Santaska. Note: all equipment is used, and some may require repairs.

Volvo 4400 loader with bucket and forks. Bobcat 746 with forks, bucket, mower, mulcher, and pile driver.
Mercedes wheeled hydraulic crane four-wheel drive. 10,000-gallon tanker trailer with dolly.
Case 580 backhoe loader. Pel-Job mini excavator. 1995 GMC pickup. 1995 Chevy flatbed dump diesel truck. Toyota forklift 8000 lb.
Cat forklift 6000 lb. Several 12 to 18-foot skiffs. 50 ft long line boat. Seven 32-foot drift-boats. 1970 Ford flatbed truck.
15 diesel generators from 5kw to 200kw. 40,000 gallons of fuel storage tanks. Fifteen 300 and 500 fuel tanks.
10-ton dock crane. 2,000 lb. dock crane. Diesel and electric welders.