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COMPARISON - Spread Sheet for Fish Tank Rental Program

FISH TANK SIZE
20 Gallon
55 Gallon
125 Gallon
20 Gallon Tank Equipment Cost per year
   
Acrylic tank + hood $400
Protein Skimmer $80
Canister $300
Water Pump $70
Background Decoration $321
Artificial Coral 15X6 = $90  
Artificial Rock 33x7 = $231  
UV – Light $30
Fluorescent – Light $21
Gravel - Crushed coral $48
Gravel – Filter $30
Gravel – Power head (2) $31
Bio-Ball $32
Filter pads $7
Cords / fittings / tubing $36
Fishes $139
  $1,545

Self Own Tank Expense VS Rental Fee per year
Self Own Tank Expense Rental Service Cost
Maintenance fee      
Labor cost $50 per visit X 2 $100x 12 Months $1200 139 x 12 Months
Salt $0.3/Gallon X 10 $3x 12 Months $36  
Filter pad x 2 $2x 12 Months $24  
Food $4x 12 Months $42 All
Medication $3x 12 Months $30 Expense
Supplement $3x 12 Months $36 Included
Fishes 35 X 10 $31x 12 Months $372  
Light Bulb $50 $50  
  $1,790 $1,668

Self Own Tank Expense - Rental Fee : $1668 - $1799 = $1162

Total Equipment Cost Life Spend Depreciation per year
$1,545 3 yrs =
$1,545 3.5 yrs =
$1,545 4 yrs #VALUE!

Net Service per Month
($1668 - $782) / 12 months $25
($1668 - $671) / 12 months $35
($1668 - $587) / 12 months $43