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Feasibility Study

Wert-Berater, Inc. specializes in providing expert and reliable Aquaculture feasibility studies for fish farms projects.


Feasibility Studies


Our team of experienced professionals evaluates all aspects of the project to ensure its success – from project inception to construction and operations planning.


Choose us to help you make informed decisions for your Aquaculture project.

Book a meeting to interview us, ask questions and view samples of our work.

Because of client project confidentiality, unfortunately we do not email samples to customers  - Client Confidentiality is Sacred.

Feasibility Study

At Wert-Berater, Inc., we are experts in Aquaculture feasibility studies, providing essential information to those seeking SBA 504, SBA 7(a) commercial loans including USDA Business and Industry (USDA B&I Loans) and USDA Grant programs.


Our team of professionals is dedicated to delivering accurate and comprehensive evaluations of Aquaculture projects, including market analysis, financial projections, and site assessments.


With our expertise and attention to detail, we help clients make informed decisions about their investments and develop successful business plans.

Whether your project is an expansion or new build Aquaculture, we have the experience to provide a comprehensive Aquaculture feasibility study that assist your decision making process and potential loan underwriting in compliance with commercial loan requirements including USDA programs.

See our Experience Page for recent Aquaculture Feasibility Studies completed around the nation and world.


How do we do it?

Aquaculture Feasibility Studies are carried out by a careful evaluation as presented in the following Aquaculture Feasibility Statement of Work which complies with  loan underwriting requirements.

We subscribe to reliable sources of data that are accepted by loan underwriters.

Will my Aquaculture feasibility study be accepted by my lender?

We are approved by a vast network of Lenders, and Commercial Banks.  Prior to ordering your Aquaculture feasibility study, if your lender in not on our list, we are pleased to provide our feasibility study consultant credentials including E&O Insurance, Sample Aquaculture Feasibility Studies, references, and our resumes.

How much does a Aquaculture Feasibility Study cost?

Depending on the complexity of the project and the time needed to have a completed Aquaculture feasibility study ready, the cost varies from about $7,900 to $25,000.

How much time is needed for us to complete and deliver your Aquaculture feasibility study?

This depends on our workload when you order your Aquaculture feasibility study.  

RUSH orders cost extra, but can be completed in as little as 10-business days, providing you have the necessary items provided to us at engagement.

Generally, Aquaculture feasibility studies are completed in about 15 to 20 business days.  

What items do I need to provide to have a Aquaculture Feasibility Study completed? 

Our Aquaculture feasibility studies are comprehensive and intended for loan underwriting purposes.  

We normally request the following items when you engage us for a Aquaculture feasibility study:

  • Parcel number(s)

  • Land cost

  • Site plan

  • Raw materials supplier details, LOI's or contracts

  • End user details, LOI's or contracts

  • Building renderings and dimensions  (SF areas and allocations) for all uses

  • Project cost breakdown

  • Land cost and when purchased or is it under contract

  • Resumes for all owners with 20% or more interest

  • Loan terms applied for including, interest rate and amortization

  • Copy of your business plan including your projections

  • Any appraisals

  • Any environmental reports (if a purchase, continuance or reposition project, all Phase I or Phase II Environmental assessments

  • If your lender has provided a Term Sheet, we would like to have a copy

  • Other items you deem important

  • Lender contact details

Aquaculture Feasibility Study Consultants

Aquaculture Feasibility Study Statement of Work

Executive Summary

Aquaculture Feasibility Studies are designed to comply with commercial loan application requirements. 

USDA RD Instruction 4280-B Appendix D and 7 CFR 5001.303 (c) (4)


The Executive Summary includes the following items:

  • Provide an overview to describe the nature and scope of the proposed project, including the purpose, project location, design features, capacity, and estimated capital costs. Include a summary of the feasibility determinations made for each applicable component.


Economic Feasibility

Aquaculture Feasibility Study site analysis is a critical component of the project whether its of new construction, expansion or a repositioning project, a compete site analysis is completed summarized as follows:

Information regarding project site including:

  • Minimum amounts of required inputs (labor, infrastructure, utilities, renewable resources, feedstocks, animals, among others) to operate successfully

  • Contracts in place and contracts to be negotiated, including terms and renewals

  • Environmental risks

  • Cost of project relative to the increase in revenues or benefits provided

  • Overall economic impact of project including new markets created and economic development

  • Conclusions


Market Feasibility

Analysis of the current and future market potential, competition, sales or service estimations including current and prospective buyers or users.

  • Competition

  • Type of project: service, product or commodity based

  • Target market, new versus established

  • End user analysis, captive versus competitive

  • By-product revenue streams

  • Industry risk

  • Pricing

  • Conclusions


Technical Feasibility

Analyzing the reliability of the technology to be used and the analysis of the delivery of goods or services, including transportation, business location, and the need for technology, materials, and labor.

  • Commercial availability

  • Product and process success record and duplication of results

  • Experience of the service providers Roads, rail, airport infrastructure

  • Water, electricity, and other utilities

  • Waste disposal

  • Need for local transportation.

  • Labor market

  • Availability of materials

  • Use, age, and reliability of technology

  • Construction risk

  • Conclusions


Financial Feasibility

  • Analysis of the operation to achieve sufficient income, credit, and cash flow to financially sustain the project over the long term and meet all debt obligations.

  • Commercial or project underwriting

  • Management’s assumptions

  • Accounting policies

  • Source of repayment

  • Dependency on other entities

  • Equity contribution

  • Market demand forecast

  • Peer industry comparison

  • Cost-accounting system

  • Availability of short-term credit

  • Adequacy of raw materials and supplies

  • Sensitivity analysis

  • Conclusions


Management Feasibility

Analysis of the legal structure of the business or operation; ownership, board, and management analysis.

  • History of the business or organization

  • Professional and educational background

  • Experience

  • Skills

  • Qualifications necessary to implement the project

  • Conclusions

Aquaculture types

Fish Farming

Fish farming is a type of aquaculture that deals with the growth of fish in controlled aquatic enclosures such as ponds, lakes, reservoirs, or net pens in the sea.


These can be either completely closed systems, called “integrated recycling systems”; semi-closed systems, referred to as “flow-through/raceway systems”; or open systems, also known as “cage systems”.  The most commonly farmed fish species in the EU are European seabass, gilthead seabream, Atlantic salmon, common carp and rainbow trout.

Farming of shellfish (molluscs and crustaceans) and other invertebrates

Shellfish farming is the cultivation and harvest of aquatic invertebrates, including both molluscs such as mussels, oysters and clams and crustaceans like shrimps.


Various farming techniques exist for this type of aquaculture, depending on the species farmed as well as the geographic location of the farm.


Shellfish can be grown directly on the beach, placed in protective netting or grow bags at the bottom of the water, or suspended above the sediment on longlines or from rafts.  


The main species produced in EU shellfish farming facilities are Mediterranean mussels, Blue mussels, Pacific cupped oysters, Venus clams nei, Sea mussels nei, Venus clams and Grooved carpet shells.

Other invertebrates farming refers, inter alia, to sea urchins or sea cucumbers.


Algaculture is a form of aquaculture focused on the farming of algae species, including macroalgae and microalgae and cyanobacteria such as spirulina.


Macroalgae, commonly known as seaweed, are cultivated in coastal/offshore marine waters or in closed systems on land. Seaweeds are key organisms in the Integrated Multi-trophic Aquaculture systems. Microalgae/cyanobacteria are cultivated in photobioreactors, raceway ponds or fermenters.


The biochemical compounds and properties make algae a valuable ocean material for commercial applications such as human food, animal/fish feed and feed additives, medicine, pharmaceuticals, nutraceuticals, fertilisers, plant bio-stimulants, bio-packaging, cosmetics or biofuels. Cultivated amounts in Europe are marginal, where out of 85 000 tons of algae harvested in the EU, only around 1% originate from algaculture and the rest is harvested from wild stocks.


The European Commission aims at unlocking the algae potential in Europe by, e.g. implementing the EU Algae initiative adopted on 15th November 2022 and setting up a European Algae Stakeholder Forum.  

Organic aquaculture

Organic aquaculture is a management system for farming fish and other aquatic species based on the organic principles set out in the EU Regulation on organic production and labelling of organic products (Regulation (EU) 2018/848).


Organic principles include inter alia the responsible use of energy and natural resources, the restriction of the use of external inputs, a high level of animal welfare respecting species-specific needs and the continuing health of the aquatic environment and the quality of surrounding aquatic and terrestrial ecosystems.

A working document on the issues impacting the development of EU organic aquaculture (August 2023) is available here: website.

More information is available at the Commission’s website on Organic farming ( as well as on the Infographic developed by the AAM "Organic Aquaculture in the EU".

Get in Touch

Book an online Zoom Meeting to interview us concerning your Aquaculture Feasibility Study needs

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Feasibility Studies

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