Newly Established Aquaculture Business Investment Opportunity in Hooghly, India
Established | 0-1 year(s) |
Employees | < 2 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Aquaculture |
Locations | Hooghly |
Local Time | 2:53 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Business is projected to distribute to over 500 wholesalers, indicating a significant reach within the market.
- The production cycle is relatively short, spanning 7 months, and has the potential to farm 16-18 tons of fish during the cycle. Currently, the market value is set at INR 400 per kilo, showcasing a competitive pricing strategy.
- The business targets a high potential market in the region, which presents significant growth opportunities.
- It can cultivate over 5 types of fish depending on the market demand, providing diversification within its product offerings.
- The business holds a trade and fishermen's license, ensuring compliance with regulatory requirements and establishing credibility within the industry.
- Given the nature of the industry and the business's operations, there is potential for expansion and scalability in the future.
- Aiming to establish a robust distribution network to service over 500 wholesalers.
- 4,500 square feet of self-owned land worth INR 48 lakhs.
- Infrastructure set-up with equipment worth INR 35 lakhs.
The total farm is built on 4,500 square feet of self-owned land. The facility is still finishing its construction, and, after construction, the facility will be approximately 3,000-3,500 square feet, it will hold 6 tanks for cultivation. The construction is expected to end by October this year.
The West Bengal sanctioned funds for starting the business, and the rest of the investment was made by the owner.