Start up your own worm rearing ( Vermiculture )

There are few request to put up a rough estimation on the start up cost and the return from doing this business. Here , I will provide a simple , yet useful calculation for you to consider to start-up the vermiculture business. Remember , this is just a guideline for you and the actual cost may varies from place to place , time to time.

Let me put in this way , say you plan to start up the vermiculture with initial investment of 1kg of Eisenia Fetida ( Red worm ). I will extend the calculation up to a year , just to show you the potential return on your investment and the ROI ( Return on Investment ) for that particular year.

You will be amazed after seeing the $$ !!!

Initial investment ( 1kg ) of Red Worm = $ 450.00
Holding Bin ( Toyogo set / 5 drawer ) = $ 70.00
Spray bottle ( pump type ) = $ 16.00
Rain water = Free la !!
Medium = $1.00 / kg ( you need at least 20 kg ) = $ 20.00
Worm filter ( Harvesting ) = $ 3.50

Total initial investment = $ 560

Assume , growth rate of your worm is 25% monthly , in 12 month time you will have almost 12 kg of crawling red worm in your posses , ha ha ha --- ( Evil laugh ) :D

Ok , back to business , with a harvesting yield of 75% , your may have your ROI after 4 months, and after that it will be a passive income from your business ! You may have choice of increasing your worm amount to make more $$ , or you may choose to retain the 12kg of worm , and sell the excess worm back to the shop were you initially bought the worm from. Usual re-sale worm price within $80 to $ 100 per kg.

With 12 kg already in your posses and with 25% reproduction rate monthly, you may get 3kg of worm to re-sell every month and there is another $300 flow in on top of your $700 sales of your vermicompost !!!

Is this a lucrative business or what !?

(All the calculation shown above is illustrated based on ideal cases, detail study need to be done before start your business , there are some other expanses that not shown on the above calculation , ex. worm container , packing plastic and labels and some marketing cost were also involve )