Aquaco Farms

Boca Raton, FL 33463, US
Consumer Products
www.aquacofarms.com

Aquaco Farms is designed to be one of the largest saltwater grow-out facilities in Florida and will provide a sustainable, highly sought after commodity in the seafood industry. Primary product is the grow-out and harvest of Florida Pompano.

The premise of offering locally-raised Florida Pompano that is delivered within 24-36 hours after harvest and never frozen has been well received among future clients. With the advent of US domestic-based aquaculture, we can now farm the Pompano in large tanks and eliminate the variables that lead to the limited wild harvest while maintaining the quality, taste and high value of the species.

Aquaculture is an industry lead primarily by research in academia here in the US. It is one of the few areas that has seen a large lag in the science/biology and the commercialization of such work. Aquaco Farms has the financial and operational know-how to change this paradigm. The team consists of the best talent in the field of aquaculture, biology and engineering as well as the proven leadership to manage successful operations.

With a location that is proximate to our target market, we will have a central distribution point and minimal transportation costs. On site will be our administrative offices, grow-out / juvenile centers, hatchery, procession plant and distribution center. At full production we will be harvesting 20,000+ lbs a week and have a just-in-time method of production and stock management.

The early net margins of 39% increases with efficiencies gained in genetic breeding programs as well as secondary sources of revenue such fish waste, wetland mitigation plants (mangroves) and eventual outsourcing of processing plant and hatchery services that could bring an additional 25% or more in revenue. Aquaco Farms presents an opportunity to invest in a stable industry such as agriculture with a focus on the only protein source that has the ability to meet the pace of demand through expansion. Not the case for cattle, row crops or other livestock due to land availability in the US.

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Summary

Prior Year Revenue Current Year Revenue Next Year Revenue
Company Age Employees Sub-Industry
3 years, 3 months 4 Meat Products
Company Type Stock Exchange Stock Symbol
Privately-Held - -

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Florida Pompano

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Managing Director Executive Officer
Joe Cardenas

Funding

43%

Funding Goal$2,500,000

Funding Raised So Far$375,000

Funding Commitments$700,000

Funding Remaining$1,425,000

Funding TypeEquity

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