Description: This business is well-spread all over the world and it is considered a very profitable business. People that grow peacocks say that the birds make profits ranging from 15 000 -30 000 per year. This profit is generated by the marketing of peacock feathers, which are sold at prices ranging between 1-5 euros per piece, depending on its size. A peacock's plumage changes once a year, so you can get 150-200 peacock feathers from an adult bird, which produces on average a profit of 450-600 euros / peacock / year only from the sale of feathers. If you choose to sell peacocks, they are sold for 500-800 EUR for a young bird, and for 1500-2000 euro an adult bird (over 3 years)
Resources needed: - outer town farming site
- documentation in terms of growing peacocks
- peacocks acquisition costs
- modifying the location in order to raise these birds
- feeding costs
Pros: -these are not fussy birds
- they are cost-effective
- a lot of peacocks bring high profits
Cons: - it is necessary to have an outer town location
- disadvantages in obtaining authorization for this activity and respecting the legal compliances for such activities
Conclusion: Anyone who owns an outer town location could try this business.
- documentation in terms of growing peacocks
- peacocks acquisition costs
- modifying the location in order to raise these birds
- feeding costs
Pros: -these are not fussy birds
- they are cost-effective
- a lot of peacocks bring high profits
Cons: - it is necessary to have an outer town location
- disadvantages in obtaining authorization for this activity and respecting the legal compliances for such activities
Conclusion: Anyone who owns an outer town location could try this business.