Friendly Aquaponics Financial Proforma for single 35 X 96 greenhouse Key Color: What Is It?

Projections for a SINGLE species (lettuce, OR bok choi, OR green onions etc) Places you MUST input your local numbers for an accurate projection
"Plants Per Square Foot" is the average density in your system
Cycle Time is how long the plants are in the rafts, not counting sprouting table time
Plant Weight is averaged; but is fantasy without a test grow to define it for your location and greenhouse
Width Length Square Feet of GH Area Accurate numbers; don't mess with them unless you're sure
Modified High Tunnel 35 96 3360 VERY accurate numbers, don't mess with them unless you're REALLY sure
Climate Design Moderate Formulas: if you know how to mess with these, you don't need us
White boxes are your results, DON'T MESS WITH THEM AT ALL!
Weeks of Production Pack Percentag Raft Area sf Plants Per Square Foot Of Raft Plant Weight (production
Cycle Timeper hole)
52 0.950 2,100 6.45 0.12 5
Year 0 1 2 3 4 5 6 7 8 9 10
Heads Per Year Pounds/yr $/unit Product
133,825 16,059 8.20 Leafy Greens per pound *, *** 131,683 135,634 139,703 143,894 148,211 152,657 157,237 161,954 166,813 171,817
450 2.50 Fish (Whole) **, *** 1,125 1,159 1,194 1,229 1,266 1,304 1,343 1,384 1,425 1,468
1.10 Leafy Greens per head 147,207 151,623 156,172 160,857 165,683 170,653 175,773 181,046 186,477 192,072
Gross Income By The Pound 132,808 136,793 140,896 145,123 149,477 153,961 158,580 163,338 168,238 173,285
Gross Income By The Head 148,332 152,782 157,365 162,086 166,949 171,958 177,116 182,430 187,903 193,540

Price Inflation Per Year 1.03

Lbs./wk.
Pounds of Vegetable Production per week 309
Expense Development Costs $/ft Year 0 1 2 3 4 5 6 7 8 9 10
Greenhouse Area (sf) 3,360 $ 5.95 Land 0
Trough (lf) 525 $ 7.00 Greenhouse Cost + Installation 20,000

Sprouting Table (lf) 45 $ 20.00 Sprouting Tables 900

1 - Fish Tanks (2,057/gal ea.) 1,100
Trough Liner, Lumber & Stakes 3,675
Water Storage gal 2,057 Pumps 750
Piping 1,000
Fish Tank Heater and Pump 1,200
Lighting, wiring, and receptacles 450
2" Blue Board (.98/sf) 2,058
Other Equipment (Backup Solar) 5,000
Capital Cost/sf $4.53 Total Capital Costs $36,133

Labor to Construct 22,000

Water to fill 50
Building Permits 400
Site Preparation 4,000
Plumbing Labor 1,500
Electrical Labor 2,200
Total Soft Costs $30,150
Developent Cost/sf $8.97 Total Development Costs $66,283

Total Cost/sf $25.68 $ 26

Expense Operating Costs Year 0 1 2 3 4 5 6 7 8 9 10

 % Total Op
Costs Year 1
Labor *, ** 57% 31,200 34,320 35,350 36,410 37,502 38,627 39,786 40,980 42,209 43,476
Electricity Cost for Aquapo 0.12 5,606 Electricity for Pumps *** 1% 673 740 814 895 985 1,083 1,192 1,311 1,442 1,586
Electricity Cost for Sprout 0.12 1,382 Sprouting Tables Lights/electricity** 0% 166 182 201 221 243 267 294 323 355 391
Propane for Greenhouse *** 2% 1,150 1,265 1,392 1,531 1,684 1,852 2,037 2,241 2,465 2,712
Propane for Fish Tank Heater *** 2% 850 935 1,029 1,131 1,244 1,369 1,506 1,656 1,822 2,004
Water ** 1% 300 309 318 328 338 348 358 369 380 391
Fish Food Cost 0.67 Fish Food ** 2% 900 927 955 983 1,013 1,043 1,075 1,107 1,140 1,174
Seeds ** 2% 1,200 1,236 1,273 1,311 1,351 1,391 1,433 1,476 1,520 1,566
Stocking Density/gal 0.3125 Fingerlings ** 1% 550 567 583 601 619 638 657 676 697 718
Other Agricultural Materials ** 9% 5,000 5,150 5,305 5,464 5,628 5,796 5,970 6,149 6,334 6,524
Replacement Costs ** 6% 3,000 3,090 3,183 3,278 3,377 3,478 3,582 3,690 3,800 3,914
Operating Reserve ** 7% 4,000 4,120 4,244 4,371 4,502 4,637 4,776 4,919 5,067 5,219
Marketing ** 1% 350 361 371 382 394 406 418 430 443 457
Transportation & Delivery ** 4% 2,000 2,060 2,122 2,185 2,251 2,319 2,388 2,460 2,534 2,610
Insurance ** 4% 2,000 2,060 2,122 2,185 2,251 2,319 2,388 2,460 2,534 2,610
Accounting ** 1% 720 742 764 787 810 835 860 886 912 939
Property & Equipment Taxes ** 1% 400 412 424 437 450 464 478 492 507 522
Total Operating Costs 100% 54,459 58,475 60,448 62,502 64,641 66,871 69,198 71,625 74,161 76,812
Total Costs $54,459 $58,475 $60,448 $62,502 $64,641 $66,871 $69,198 $71,625 $74,161 $76,812
* 1 person @ $15/hr x 12 months
** Inflation 0.03
*** Energy Inflation 0.10

Taxable Income & Cash Flow Year 0 1 2 3 4 5 6 7 8 9 10

Depreciable Income from Operations, By The Each 148,332 152,782 157,365 162,086 166,949 171,958 177,116 182,430 187,903 193,540
Base Depreciation Operating Expenses -$54,459 -$58,475 -$60,448 -$62,502 -$64,641 -$66,871 -$69,198 -$71,625 -$74,161 -$76,812
$36,133 10 Depreciation -$3,613 -$3,613 -$3,613 -$3,613 -$3,613 -$3,613 -$3,613 -$3,613 -$3,613 -$3,613
Interest Paid on Loans $ (4,011) $ (4,011) $ (4,011) $ (4,011) $ (4,011) $ (4,011) $ (4,011)
Income from Operations, By The Pound $ 132,808 $ 136,793 $ 140,896 $ 145,123 $ 149,477 $ 153,961 $ 158,580 163,338 168,238 173,285
Net Income before Taxes, By The Pound $ 70,725 $ 70,693 $ 72,824 $ 74,997 $ 77,211 $ 79,465 $ 81,758 $ 88,099 $ 90,463 $ 92,859
Net Income before Taxes, By The Head 86,249 $86,682 $89,293 $91,960 $94,683 $97,461 $100,294 $107,191 $110,128 $113,114

Tax Rate 25% "Pound" Income Taxes 17,681 $17,673 $18,206 $18,749 $19,303 $19,866 $20,439 $22,025 $22,616 $23,215
Net "Pound" Income After Taxes 53,044 $53,020 $54,618 $56,248 $57,908 $59,599 $61,318 $66,074 $67,847 $69,645
Tax Rate 25%
25% "Each" Income Taxes 21,562 21,671 22,323 22,990 23,671 24,365 25,073 26,798 27,532 28,279
Net "Head" Income After Taxes 64,687 65,012 66,970 68,970 71,012 73,096 75,220 80,393 82,596 84,836
Depreciation -$3,613 -$3,613 -$3,613 -$3,613 -$3,613 -$3,613 -$3,613 -$3,613 -$3,613 -$3,613
Profitability
Net "Pound" Cash Flow*
*After Income Taxes, Depreciation and Loan Ammortization $41,687 $41,663 43,261 44,891 46,551 48,242 49,961 62,461 64,234 66,031

Net "Head" Cash Flow*

*After Income Taxes, Depreciation and Loan Ammortization 53,329 53,655 55,613 57,613 59,655 61,739 63,863 76,780 78,983 81,222
Ammortization Schedule Year 0 1 2 3 4 5 6 7 8 9 10
Ending Balance Present Value $908,941
Total Annual Payment Net Present Value $1,656,378
Interest Charge 0.065 f funds discounted to present value at a rate of .01
Amortization* 7
Life of the Loan 7 Year 0 1 2 3 4 5 6 7 8 9 10
* Amortization = principal payment $ 66,000