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Re: Barunuuk post# 790

Monday, 01/06/2014 2:19:20 PM

Monday, January 06, 2014 2:19:20 PM

Post# of 932
4 more Vancouver greenhouses.

With 4 more potential greenhouse, Alterrus' revenue potential could jump ~ 4 x (1.5 - $2 Million from past estimation), $6 - $8 million a year. Depending on the locations, (I would assume they would increase on lower level of parking lot or expand on the top level), so operation costs wouldn't increase proportionally, nor would admin and general expenses, nor marketing, etc....

So if Vancouver has a ~$8 million revenue potential, expanding this business plan to every large NA city would easily give Alterrus revenues greater than > 100 million a year.

Look at Sprouts Farmers Market(SFM), they are expansions in Kansas and Georgia. There is definitely a market for this food. And the best part of Alterrus is that they can build smaller operations in smaller cities, and capitalize on their process, where many of the other vertical farms require large footprints, and higher operating costs, and therefore require more dense populations.

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