Production Management For Twelve (12) Tank System
Tanks #1 & #2: 67,000 Fingerlings per tank starting at 1 inch long or .5 grams.
Tanks #3 – #6: 33,750 Fingerlings per tank. After 10 weeks the average size is 56 grams (about 5 inches long).
Tanks #7 – #12: 22,500 fish per tank. After 10 weeks the average size is 100 grams (about 7 inches long). These aquaculture tanks are harvested every 10 weeks. 5,000 pounds per tank or 30,000 pounds per harvest five times per year.
Note: This management technique is one that has been used for decades called “Stock Splitting”. Fingerlings are contracted from a hatchery for a ten week delivery schedule or ponds are installed for the facilities own production.
Operation Cost For Twelve (12) Tank System
Electric: $1,800. per month with an electric rate of $0.10 per KWH or $21,600 per year.
Fingerlings: 675,000 fish at $0.07 each = $47,250 per year.
Food: 150,000 pounds of fish x 1.3 FCR x $0.32 per pound of food = $62,400 per year.
Heat: 10,000 SQFT building heated with waste motor oil at $0.50 per gallon using 3,000 gallons per year = $1,500 per year
Property Tax: $2,500 per year.
Sewer Tax: $5,800 per year.
Insurance: Building and Fish Mortality = $8,000 per year.
Miscellaneous: Soda Ash, Salt, Testing Chemicals = $15,000 per year.
Labor: Part time 20 hours per week (grading and harvest) $10.00 per hour or $10,400 per year.
Total Annual Cost: $174,500
Average Selling Price: $3.20 per pound x 150,000 pounds per year = $480,000 per year.
Net Profit: $480,000 – $174,500 = $305,500
Note: These cost and production data are shown as an example of operating an aquaculture tank facility. Actual results may vary from state to state due to food cost, electric rate, insurance, labor and sale price which will effect the business profitability.