Looking for Investment to Start Large Scale Projects on Fish-Farming

We are offering Profit Sharing of PHP 2,785,306.67 (US$66,316.83) per cycle. Amount of Funds required: PHP 400,000,000 or US$10,000,000.00 (initial only).

The farm operation shall apply the concept of market-based production programming wherein species, sizes, form of products and schedule of harvesting and delivery shall be synchronized with the contracted market. Hence, a modular approach shall be integrated and initially applied to two (2) clusters of six (6) cages for each cluster.

Source of Funds: Foreign Investor

Amount of Funds required: PHP 400,000,000 or US$10,000,000.00 (initial only)

Investment Costs:

Capital Expenditures

Site Acquisition: PHP 81,500,000.00 (US$1,940,476.19)
Site Preparation: PHP 35,075,000.00 (US$ 835,119.05)
Field Equipment & Vehicle Acquisition: PHP1 5,220,000.00 (US$362,380.95)
Office Equipment: PHP 2,190,000.00 (US$ 52,142.86)
Furniture & Fixtures: PHP 1,081,600.00 (US$25,752.38)
Pre-Operating Expenses: PHP 5,700,000.00 (US$135,714.29)
Total Capital Expenditure: PHP 140,766,600.00 (US$ 3,351,585.71)

Overhead Expenses

Manpower Expenses: PHP 28,403,140.00 (US$676,265.24)
Other Expenses: PHP 21,891,200.00 (US$ 521,219.05)
Total Overhead Expenses: PHP 50,294,340.00 (US$1,197,484.29)

Direct Material Cost

Stocks/Fingerlings: PHP 52,500,000.00 (US$1,250,000.00)
Feeds Consumption: PHP 91,765,650.00 (US$2,184,896.43)
Total Direct Material Cost: PHP 144,265,650.00 (US$3,434,896.43)

Indirect and Other Costs

Mortality: PHP 9,600,000.00 (US$228,571.43)
Harvest/Packaging/Delivery: PHP 19,965,820.00 (US$475,376.67)
Total Indirect & Other Costs: PHP 29,565,820.00 (US$ 703,948.10)

Total Investment Cost of The Business: approx. PHP 364,892,410.00 (US$8,687,914.52)

Production, Revenues and Profitability

32,000 stocks/cage x 50 cages = 1,600,000.00 pcs
Multiplied by Percentage of survival: 80%
Results in Estimated pieces of survival of stocks: 1,280,000.00 pcs
Divided by Estimated growth disposal: 3 pcs/kg
Results in Estimated kg during harvest period: 426,667 kg
Multiplied by Lowest Suggested Retail Price: PHP 250.00
Total Gross Sales: PHP 106,666,666.67 (US$ 2,539,682.54)
Less: Total Cost of Production: PHP 78,813,600.00 (US$1,876,514.29)
Net sales before Profit Sharing & Taxes: PHP 27,853,066.67 (US$663,168.25)
Less: Profit Sharing: PHP 2,785,306.67 (US$66,316.83)
Net Sales before Taxes: PHP 25,067,760.00 (US$ 596,851.43

The calculations are for a cycle of 50 cages for 8 months culture.

We are offering Profit Sharing of PHP 2,785,306.67 (US$66,316.83) per cycle.