A Commercial system that achieves a ne profit of $40,000 per year

[MaxZero]

Hi

I live in Western Australia and I am looking for an aquaponics change!

I want to do something good and create a way of making a living as I grow older.

Rather than get into the details [of which there are many and I do fully intend to understand them] I want first to look at the end result or big picture.

Is aquaponics trully viable on a commercial basis?

If so, then

Consider a system that was capable of generating a profit - let us say $40,000 per year

What would that system cost?
What sort of land area would it require?

There are inumerous questions which follow

What is the energy requirement?
How much water is lost/used and needs to be replenished?
Choices
Fish breed
Type of grow beds
Feed for fish

Etc

Is this the right forum for these questions?

I would be grateful if someone could point me in the right direction

Many thanks for your help

Cheers

MaxZero

[ChilliBear]

Hi Max,

There is a mas of information available online. I did a little search and came across a sit called northernaquafarms who have lots of pdfs in their library available. Also lots of videos on youtube. If you are serious about setting up your own commercial operation I'm sure Murry would be able to help. If it was me I would read as much as possible and see where your nearest farm is and go have a look.

Hope that sets you off in the right direction.

ChilliBear

[fishfood]

From what i have seen and red to make $40,000 a year its a 7 day a week job for 2 people and if you know nothing about aquaculture one small mistake and its all over
Theres plenty of secondhand setups for sale who had the big crash and they got disheartened

[fishfood]

If you decide to go with the idea and are getting an off the shelf product or using a consultant ask to see the installations they have done and are still working after 2 years

[kellenw]

You will want to find a solid market niche. Offer a hard to find product. Don't try to compete in the commodity product arena. Sell food items that are hard to find locally and tend to be expensive.

...And most importantly, make sure you know what you are doing before you take on the financial risk of a commercial setup.

[Crusty]

Is aquaponics trully viable on a commercial basis?
Consider a system that was capable of generating a profit - let us say $40,000 per year

I am not sure seeking free advice is your best approach, unless you are completing a school project. You would need to engage the services of professionals to answer your questions on design and profitability, the later being a direct result of your knowledge in both aquaculture, hydroponics and farm management. If you are serious, you will need training in these areas or failure is guaranteed. I am sure the local tafe over there can get you started with some knowledge, assuming you know nothing of each.

[tonyabalone]

Hi MaxZero,

I'm a lecturer in Aquaculture and Aquaponics at Challenger Institute of Technology (formerly Tafe) in Fremantle.
As it happens we will be running a full weekend Aquaponics course on Saturday 21st and Sunday 22nd of August.
We have been running courses every couple of months and the response from people has been very positive indeed.
All of the questions that you have raised will be covered as well as hands on training and visits around Perth to the various Aquaponics systems that we have set up. If you go to the Commercial Forum on this site you will see information and photos about the "Pilot Commercial Aquaponics System" that we have setup.
For more information about the course ring Merri on 92398008 during normal office hours.

[MaxZero]

Hi Max,

There is a mas of information available online. I did a little search and came across a sit called northernaquafarms who have lots of pdfs in their library available.
Hope that sets you off in the right direction.

ChilliBear

Thanks ChilliBear

Looks like a good source of infomation

I was looking for an Australian source and one that would be able to answer my first order questions

1. What would a system cost that could generate a net profit of $40,00 per year?
2. Wahat sort of land area is required?

Doeas anyone in Australia have a viable aquaponics system???

Thanks again

Cheers

MaxZero

[MaxZero]

Thanks fishfood

Where should I look for the secondhand setups??

Cheers

MaxZero

[MaxZero]

You will want to find a solid market niche. Offer a hard to find product. Don't try to compete in the commodity product arena. Sell food items that are hard to find locally and tend to be expensive.

...And most importantly, make sure you know what you are doing before you take on the financial risk of a commercial setup.

HI Kkellenw

Thanks for your thoughts

Thanks ChilliBear

I was looking for an Australian source and one that would be able to answer my first order questions

1. What would a system cost that could generate a net profit of $40,00 per year?
2. Wahat sort of land area is required?

Doeas anyone in Australia have a viable aquaponics system???

Thanks again

Cheers

MaxZero