Do horse boarding facilities make money?

Do horse boarding facilities make money?

Numbers Game. The reality is that boarding facilities operate on slim profit margins. “By the time costs are considered for hay, grain, bedding, labor for feeding, cleaning stalls, doing turnout, etc., the board fees typically do not leave a lot left over,” Sherrick-von Schiller said.

How much does a horse boarding stable make?

Average Salary Tops $75,000 The average salary for an equine stable owner was $76,000 as of 2014, according to the job site Indeed. Most horse stable owners have at least high school diplomas but some have bachelor’s degrees in agriculture or equine management.

How do I start a horse boarding business?

Make Money Boarding Horses

  1. Know local ordinances. Many states all across the country stipulate a ratio of acreage per horse for equine facilities.
  2. Determine your goals.
  3. Figure out prices.
  4. Assess insurance coverage.
  5. Create a boarding contract.
  6. Evaluate your facility.
  7. Plan pasture management.
  8. Organize manure disposal.

How do I start a small horse boarding business?

How do I make my horse boarding business successful?

10 Tips For A Profitable Horse Boarding Business

  1. Use a good bookkeeping system, such as Horsebills or Paddock Pro.
  2. Maintain excellent communication skills.
  3. Only offer full care boarding.
  4. Purchase hay during the summer for the winter.
  5. Rent your facility to a trainer or instructor.

What are the different types of horse boarding?

There are three main types of boarding options – self-care, partial and full-boarding. As you can imagine, self-care involves most of the job being looked after by the boarder himself. The horse’s space is provided; however, the boarder is responsible for providing bedding, feed and tending to daily care routines.

What is your horse business plan?

Our horse business plan is to offer our boarding services at a rate that is competitive with other training and boarding facilities in the area. Breakeven analysis from our 3 year income projections indicates that this section of our business will not be highly profitable.

How to start a horse breeding business?

In your horse breeding business plan, you must develop your financial plan very wisely, as it will form the basis if you want to expand your business. You should hire professionals for estimating that you can balance horse boarding business profit and your investments.

How much does it cost to start a horse boarding business?

Cost of building the required facility to board the horses – $30,000. Operational costs for the first six months of running the horse boarding business (employee salaries and payment of bills) – $110,000. Cost of purchasing equipment in bulk (such as saddles, straps and several other equipment) – $5,000.

Why choose our horse boarding facility in Oklahoma?

Our vision is to be the preferred horse boarding facility here in Central Oklahoma by 2021 for all our clients all over the United States of America due to our standard operations and quality services and to achieve this, we intend to offer quality and standard professional services and also build the best business structure.