Post by Ismail AbdulAzeez on Oct 24, 2012 20:54:03 GMT 1
It's been a while since I have joined this forum and finally I've found a way how to change my life and build something to make myself wealthy and proud. I've already mentioned that I come from Slovenia. This is a small country which offers many possibilities only if one can see and grab them. One of them is eco farming. I have decided to take my chances (which are quite big if I'll play by the rules) of success in building up a eco snail farm.
There are about 10 so called snail farms in my country and only one of them is a semi-professional one (built on 2.5 acres of land but the owners are now planning to build additional farms). Last Friday me and my friend (also a co-investor in my business) were visiting this farm and had a long talk to the owners. They are willing to cooperate with us by giving us instructions how to start and maintain the farm and they would do it for free. It's strange nowadays that someone (a competitor!) helps you for free but they had a reason for this. I've asked them why would we sell eco snails to wholesalers when we could build a few more farms, make our own brand and sell our product directly to retailers or supermarket chains in Italy, France, UAE etc.. for a much higher price. They were excited about my idea so we decided to cooperate in future.
Now here are a few facts about the farm we plan to build:
Size: 5-7.5 acres (with possibility of expansion)
Investment: Rent for land 600-800eur/year; 35.000-40.000eur for equipment and snails for breeding
Expected yield: 20-30 tons/year after 2 years of running
Working hours on a farm per year: 800-900/person (divided by 2 because there will be 2 of us working here)
Additional farm costs per year: 1500eur (insurance included)
Our first yield would probably go to a wholesaler in Italy for a price of 6-7eur/kg. And if everything goes as planned, in 3-4 years we'll have our own brand ready and we expect to double (and if we're lucky even triple) our revenue by that.
Tomorrow I'm going to meet a man who is prepared to rent us the land we need and I'll try to sign a 20-year contract.
I will report the results.
Every question, comment, criticism or advice is welcome here.
Source: www.thefastlaneforum.com/your-goals-your-fastlane-plan/42622-eco-snail-farm-eco-snail-brand-my-plan-progress-thread.html
There are about 10 so called snail farms in my country and only one of them is a semi-professional one (built on 2.5 acres of land but the owners are now planning to build additional farms). Last Friday me and my friend (also a co-investor in my business) were visiting this farm and had a long talk to the owners. They are willing to cooperate with us by giving us instructions how to start and maintain the farm and they would do it for free. It's strange nowadays that someone (a competitor!) helps you for free but they had a reason for this. I've asked them why would we sell eco snails to wholesalers when we could build a few more farms, make our own brand and sell our product directly to retailers or supermarket chains in Italy, France, UAE etc.. for a much higher price. They were excited about my idea so we decided to cooperate in future.
Now here are a few facts about the farm we plan to build:
Size: 5-7.5 acres (with possibility of expansion)
Investment: Rent for land 600-800eur/year; 35.000-40.000eur for equipment and snails for breeding
Expected yield: 20-30 tons/year after 2 years of running
Working hours on a farm per year: 800-900/person (divided by 2 because there will be 2 of us working here)
Additional farm costs per year: 1500eur (insurance included)
Our first yield would probably go to a wholesaler in Italy for a price of 6-7eur/kg. And if everything goes as planned, in 3-4 years we'll have our own brand ready and we expect to double (and if we're lucky even triple) our revenue by that.
Tomorrow I'm going to meet a man who is prepared to rent us the land we need and I'll try to sign a 20-year contract.
I will report the results.
Every question, comment, criticism or advice is welcome here.
Source: www.thefastlaneforum.com/your-goals-your-fastlane-plan/42622-eco-snail-farm-eco-snail-brand-my-plan-progress-thread.html