Stratus Asset Management, LLC
AquaSol advised a South Florida development company that had expressed an interest in acquiring a non-operational fish farm adjacent to a property the client already owned. We determined the farm did not have any significant value above the value of the land. The client then expressed an interest in a greenfield fish farming project at a diffeerent site and we developed preliminary feasibility for such a project. A preliminary recirculating aquaculture system design, preliminary fish production parameters, and pro-forma financials were delivered to the client. The recommended species for the project was Hybrid Striped Bass. The innovative RAS system had a planned annual production of approximately 1 million pounds per year.
While the non-operational assets of the old fish farm held little value, this region is characterized by an abundance of artesian flow freshwater from the surficial aquifer and relatively low cost land. It is perceived as an excellent area to develop an intensive Hybrid Striped Bass fish farming operation utilizing aquaculture engineering designs and operational plans similar to those drawn up for this project.
