airplanes1016
New member
Tropicorium Mini Reef in Michigan is awsome, Dick Perin is the owner been doing it over 40 years, hes the man!! Worth the drive they sell wholesale and retail. Good luck
Starting my propogation business...
- Thread starter chewitback
- Start date
This is also an idea of mine, yet sadly not the means for such. Any updates or pics the greenhouse?
Is Champaign, IL the best place for a greenhouse coral propagation business? It's currently snowing there.
What's your business plan, wild exotic corals or aquacultured? If you plan on importing, I would be place the business near a US Fish and Wildlife port.
http://www.fws.gov/le/impexp/Designated_Ports.htm
Is Champaign, IL the best place for a greenhouse coral propagation business? It's currently snowing there.
What's your business plan, wild exotic corals or aquacultured? If you plan on importing, I would be place the business near a US Fish and Wildlife port.
http://www.fws.gov/le/impexp/Designated_Ports.htm
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chewitback
New member
the coral propagation business is underway... in a way. im currently applying for a small business loan to get everything in full gear. my plan involves propagating coral that i have already obtained, so no wild harvest purchases broken up for resale. Actually, i don't even have plans for a greenhouse in the short term, but rather a couple years down the road.
Here is what happened instead....
I asked myself, "Who could i get info from about doing this who knows all the ins and outs of coral farming... someone who could maybe be a consultant?" I thought about that for a while, and came up with one name; Anthony Calfo. He wrote all the books, and he has built numerous businesses off of coral farming, so why not, right? so i dropped him a line. $500 a day. if he isnt physically there in person to help out, 1 day is added up in phone conversations and e-mails. In a matter of my first phone conversation with him, my entire plan got turned upside down, crumpled in a ball, and burned to ashes. However, the ideas he had for the coral and equipment i already owned, we figured out a way for me to start generating a LOT of income with very little overhead. This plan is currently in the works. The amount of coral production planned will make it so i am selling to wholesalers, not to pet stores.
I'm not going to go into detail on my plans, but i encourage anyone who really wants to do this to contact anthony themselves. he is worth every penny, and then some.
Here is what happened instead....
I asked myself, "Who could i get info from about doing this who knows all the ins and outs of coral farming... someone who could maybe be a consultant?" I thought about that for a while, and came up with one name; Anthony Calfo. He wrote all the books, and he has built numerous businesses off of coral farming, so why not, right? so i dropped him a line. $500 a day. if he isnt physically there in person to help out, 1 day is added up in phone conversations and e-mails. In a matter of my first phone conversation with him, my entire plan got turned upside down, crumpled in a ball, and burned to ashes. However, the ideas he had for the coral and equipment i already owned, we figured out a way for me to start generating a LOT of income with very little overhead. This plan is currently in the works. The amount of coral production planned will make it so i am selling to wholesalers, not to pet stores.
I'm not going to go into detail on my plans, but i encourage anyone who really wants to do this to contact anthony themselves. he is worth every penny, and then some.
jeff@zina.com
New member
They wouldn't apply anyway, especially since the book is several years old and the market keeps changing. Location in the country is also a major factor. You might also look at Miguel Tolosa's Practical Coral Farming.
The math and return on investment calculations you'll need to do for yourself.
Jeff
jeff@zina.com
New member
That's the key to making a business like this work. I caught Anthony at MACNA in Orlando and we talked a but about the coral propagation business and the future. Several of the people in the group were looking at going all out and a few had financial backing already but they all were fixated on setting up web sites to sell corals.
Jeff
eric@tampa
New member
PacificEastAquaculture also has a greenhouse setup in MD.One of the sponsors here,I'm sure you could visit or give Dr.Mac a call.
chewitback
New member
I more or less have the business plan all hashed out on paper (or so i think...). I have a meeting on monday with a guy who used to be the VP of the major bank in my area who is going to look it over to be sure all my bases are covered so i can get this loan without a hitch... wish me luck.
chewitback
New member
chimmike, you don't need a world of space to generate an income from it. Anthony said to generate around $100k a year would require around 1,000 square feet. By my math, its far less. I'm going to see what I can do with a space of 900 square feet.
chewitback
New member
I would say after taxes and expenses one could pull the $100k mark. Overhead, once you establish the equipment, is virtually nothing. I spend less than $100 (less than $50, really, unless I need to kick on major hear or AC) a month to produce $1,000+. I had a few good ideas, but Anthony helped refine them drastically.
good luck I really mean it Im all about aquaculture
and hope more people can be succesful in the biz
but don't get to upset if things don't go that smooth
check out sustainablereef.com
still in the works but it will soon list all ac farmers
my tip don't get caught up in high end named corals!!!
There is a greater need and demand for the simple stuff
then the goodies we all like to keep ourselfs
i
jeff@zina.com
New member
Wow, that's very compact. I figured it out at 4,500 sq feet last I did the math. I was looking at setting up in about 200 sq feet as a test/prototype. Might be able to pay for the prototype with that scale of return.
By the way, if you're not already a member, join MOFIB.
Jeff
myerss
New member
jeff@zina.com
New member
Steve's system has undergone a number of changes over the years, and some downsizing. From what I understand he's got it at the comfortable level now.
Jeff
reeftanknewbie
New member
so how far have you gotten on this plan?
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