Black Sea Fishing

A profitable Investment in Turbot fishing

Financials
Investment in fishing trawlers

Capex
Fishing trawler (17 – 20 m) 40’000 USD
Navigation & echo lot 8’000 USD
Communication Navisat 4’000 USD
Catching equipment 15’000 USD
Assistant trawler (8 – 10 m) 25’000 USD
Unforseen 5’000 USD
Total Capex 97’000 USD

Opex
Fuel (diesel 5 mt) 4’000 USD
Boardmoney 2’000 USD
Total Opex 6’000 USD

Total Investment 103’000 USD

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Business proposal Private Equity LP investment

Investment
Fishing company LLC Juvent with license 45’000 USD
Fishing trawlers Capex and initial Opex 103’000 USD
Transport and Sales initial costs in Turkey 15’000 USD
Setup Management & Travel costs 5’000 USD
Total Investment 168,000 USD

Income
Sales of Turbot Fish “Kalkan” in Turkey, 80 mt per 18 $/kg 1’440’000 USD
Total Income 1’440’000 USD

EBITDA
Sales income 80 mt Kalkan 1’440’000 USD
Expenses 5 $/kg catching and 3.50 $/kg transport and sales 680’000 USD
EBITDA 760’000 USD
ROI 452.4 %