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Chemical & Janitorial Manufacturing & Distribution #1810812

Anchorage, Alaska (Northwest Arctic County)

Mfg. - Chemicals & Allied Products | Mfg. - Miscellaneous Manufacturing

Asking Price $4,350,000 Inventory $100,000* 
Gross Income $603,000 Real Estate $2,200,000** 
Cash Flow $130,000 Year Established 1958
FF&E $100,000* Employees 2 f.t.

* included in the asking price

** not included in the asking price

The nature of this business is building sanitation supplies and associated products, more commonly known as a janitorial supply company. They supplement the janitorial supply business with food service products,ie: dishwashing chemicals, sanitizers, USDA approved meat and poultry processing chemicals, along with laundry chemicals and industrial specialty chemicals.

Facilities: Located in a 20,000 sq ft building. It has a 1000 sq ft mezzanine in main warehouse, a second story 4200 sq ft, 1 dock high door, and 2 drive in doors for vehicle access. Building may be purchased for 1.8M or leased at $0.85 per sq ft($17,000) triple net for ten years.

Competition: With population in Alaska considerable less than other marketing areas, so is the competition. There are 4 main players in this area but this is the only company that mainly concentrates in marketing efforts in the Janitorial and building sanitation side and puts an emphasis on chemicals.

Growth/Expansion: Based in the largest city in Alaska and the economic hub. The population is growing and expected to double within next 15-20 yrs. An 800 mile long natural gas pipeline is in the planning stages and construction is expected to begin in 2010 and all service industries will benefit greatly during construction and after. There has been a large expansion in retail markets which leads to increase in population that leads to growth in industries.

Financing: $100K down owner fin the rest for 7 years @ 8.00% to a qualified buyer

Support/Training: Seller will stay as full time or part time employee/consultant w/ compensation negotiable & stay as long as needed for appropriate transaction.

Reason Selling: Retiring

AD # 216368

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