cost of running a horse boarding stable

Most horse stable owners have at least high school diplomas but some have bachelor's degrees in agriculture or equine management. If you add services such as riding instructors and trainers your profits will jump considerably. Percent of Earnings: Most trainers charge an Owner 10% of the race earnings from each Start where a horse earns a check. The highest price paid at auction for a Thoroughbred was set in 2006 at $16,000,000 for a two-year-old colt named The Green Monkey, who was a descendant of Northern Dancer. So this horse would need a little more 5 flakes daily to maintain his weight. ($700/20 is $35.00 per acre/month.) HAY COSTS When calculating your estimated hay costs, keep in mind that the average horse with moderate activity eats about 2% of his body weight daily in forage. Cooperative boarding or exchange labor may be the answer for small- to medium-sized boarding businesses. Our boarding stable has room for 10 horses. In our area The approximate cost of boarding a horse is between $250.00 to about $1,100.00 per month per horse. Consider having a riding school or a camp for children. According to the Canadian Agri-Food Research Council, Recommended Code of Practice for The Care and Handling of Farm Animals, a loose box should be 10'X10' (3mX3m) to 12'X12' (3.6mX3.6m) for an average size riding horse. If you need to be at 100% capacity in order to cover your fixed and variable expenses, your business will probably be in trouble in short order. Factor in utilities, repair costs, insurance and the wages you must pay employees. Your boarding fee will usually be one of the most expensive aspects of owning a horse. It’s also very important that the buildings are structurally sound. You?ll only start crying. When you feed, all you have to do is fill the scoop to the mark for "2 lbs". You can earn a small salary by running a medium sized boarding stable. Move Back To Living With Horses Home Page. A 6-foot tack room costs $1,395, and an 8-foot tack room costs $1,860. A copy of our Boarding Agreement with Exhibit Two outlining applicable rates for available … Whether you are running a large-scale horse boarding facility or just taking in a few boarders to help defray your horse expenses, there are a few business practices that will help minimize both the hassle and the risk. Think of it this way: What you charge for lessons is probably much more than what you pay in labor costs, so it is a net gain for you to hire some help. People dynamics, herd dynamics, and the running of the business so it turns a profit and doesn’t become a charity action makes for an interesting balancing act. Generally speaking, the cost horse boarding facilities in the United States ranges from $225 – $750. To put it another way, your total expenses is the "break even" point for your business--how much you need to make to just break even. WOW that is a lot of money. A pony club can be much more profitable than a boarding stable alone. If you are passionate about horses and don?t mind doing a lot of physical work. It has 10 box stalls, each measure 10ft x 10ft. Running a Boarding Business: What You Need to Know. 3x7 entry door and one window included; 2 … Working students can do stall cleaning and similar chores in exchange for lessons. Applewood Equine is a full … Whether a personal horse owner, stable owner, breeder or trainer, you understand the high level of commitment required to care for and protect your trusted companion and investment. Running a Boarding Business: What You Need to Know. However, it can be much higher depending on the location. 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; General Issues Generalities Successfully marketing your equine boarding facility will maximize your revenue. Though I have to say that the dynamics of running a horse boarding stable are more colorful than any other industry I have experienced. In St. Lazare it is quite high. This is an important assumption. Tack rooms add to the length and total size of the building as well as the baseline horse barn cost. Though I have to say that the dynamics of running a horse boarding stable are more colorful than any other industry I have experienced. First, calculate how much it will cost you to keep a horse at your barn. We have calculated the costs of three common types of horse keeping, to give you an idea of the expenses an average horse owner incurs in a year. Especially if you have 30 - 50 horses. Don't be discouraged about the cost of running a horse boarding stable. Hay doesn't usually provide all the nutrients a horse needs, and most boaters want their boarding facility to include some kind of feed concentrate in their feed regimen. Boarding a horse may seem like an expensive way to keep a horse, but compared to the purchase and upkeep of a property suitable for horses, it may be a little less expensive. It depends on supply and demand. The inside of the stable has a dehumidifer and an electric heater. Operating Expenses Property A 20 Acre City Stable Property B 100 acre Rural Stable; Labor Cost: 2 Owners FREE Labor: 2 owners FREE Labor. For horse businesses, these policies are quite expensive. Both barns I've had my current horse at offered a "barn brand" of hard feed at an appropriate amount for each individual horse's health needs (that may have been 1/4 lb for one easy keeper and upwards of 5 lbs for another horse- if a horse was a much harder keeper, owner may be charged additional fee). For one, different regions have different costs for such things as land use which factor into the cost of running a boarding facility. If you plan to hire help to clean the barn, be sure to prorate the cost of that help across the number of horses … More on that, After you've entered all of your estimated income and expenses into the grid, take a look at your "bottom line", that is the net difference between your income and expenses. If you plan to hire help to clean the barn, be sure to prorate the cost of that help across the number of horses … Start with the cost of feed, hay and bedding. Labor costs can be very hefty stable management expenses. We use one stall to keep the pigs. The temperature must be 10 degrees (C) during the winter to keep the pipes from freezing.The horses can heat the barn using body heat providing you have at least 6 of them. You can calculate a per acre revenue here to use for comparison on other farms you are evaluating. Some horses will require more feed than others, but use an average. Riding stables may offer lessons using facility-owned horses or those owned by clients. The same goes for Italy. (More about horse feeding regimens. If your bottom line is "thin" or negative, you need to think about how to increase income or decrease expenses to actually make your business viable. This kind of budget is not a restricted, and a tight one and this type of expensive stable include the money allotted for … Your insurance coverage needs to be just as thorough. Data refers to 2003 North Florida costs and prices. But if you run a larger operation. See, the more efficient a horse boarding stable is set up, the easier it is to keep up with the demands. You can also assign chores to boarders, if they are willing to do them--but keep in mind that your insurance costs will be higher as a result. Your income must come from this as well. If you have horses of your own, you know how much it costs to keep them. We’ll provide equine liability and medical payments, along with property coverage for your home, stables, equipment, and your valuables and more—all in one packaged policy. This must be a reasonably sized. However, it is also requires budgeting. However, for a variety of reasons, we suggest that horse owners with the necessary property space that can properly care for their horses should build their own barn. A boarding stable is a facility where you can keep your horse for a monthly fee if you don’t have your own land. Like boarding your cat or dog, the costs will go up based on the attention the horse needs. An example would be the price of hay. This is our barn. So, you're interested in running a horse boarding establishment. At a very well-appointed stable with lessons included and close to a major city or event grounds, you can expect to pay over $700 a month for board. Facility Amenities Horse boarding facilities come with a wide range of amenities such as training arenas, stalls, hacking trails, dressage arenas, and indoor arenas. This will bring down the cost of running a boarding stable and you will see more profit. The average cost for horse boarding is $350 to $400 a month. Shavings cost an average of $13.00 per day. Boarding options for client horses are usually also offered. It’s also very important that the buildings are structurally sound. The average salary for an equine stable owner was $76,000 as of 2014, according to the job site Indeed. Find the best Horse Boarding near you on Yelp - see all Horse Boarding open now. Another crucial calculation to make is this: Save your work, and make another column. Box Stalls or Loose Boxes . We can’t catch up with the cost of it all and we don’t expect families or recreational horse owners to keep up with an expensive board rate,” she says. Use the Once you compare our horse farm and ranch coverages, you’ll see it took some people who know horses and farms to come up with our specialized coverage. According to the Canadian Agri-Food Research Council, Recommended Code of Practice for The Care and Handling of Farm Animals, a loose box should be 10'X10' (3mX3m) to 12'X12' (3.6mX3.6m) for an average size riding horse. With horse care costs rising and incomes sinking, many horse owners and boarding facilities are looking for ways to reduce costs. Other parts of the country might be much lower. Add to the basic boarding fee additional amenities which you will also receive a premium on and your income per acre/horse could reach 40-50$ per acre. So, for example, a horse that weighs 1,100 lbs needs about 22 lbs of quality hay daily. but then imagine what the cost-of-running-a-horse-boarding-stable in New York's Central Park?! Plus 4x600= 2400/wk or 10320/month This new total expense figure is your break even point for 75% boarding capacity. Then recalculate your total income, total expenses, and net income or loss. Other areas may be cheaper or more expensive depending on expenses relating to horse care. WOW that is a lot of money. Average Salary Tops $75,000. We charge $320.00 per month. First, calculate how much it will cost you to keep a horse at your barn. But then of course there are expenses. “Boarding could never make a business run because of the cost in general expenses. Horses vary, however, in terms of their metabolism, so you should keep an eye on their body condition and add or subtract as needed. Therefore, the cost of horse boarding in Bermuda is considerably higher than in Canada). Generally the cost of running a boarding stable is quite high. Don?t bother calculating the mortgage on your barn. You will have a much easier time staying on budget for your stable management expenses this way. The cost of boarding your horse can vary greatly. Many states require you to buy a workman's compensation insurance policy to cover injuries incurred on the job. This is a crucial entry into your stable management expenses. You should also structure your business legally in ways that limit your liability. The monthly fee for a boarding s horse in a stable in Rome (there is one near the centre of the city) is $1,000.00! In these instances, boarding your horse is a sensible option. If you’ve never owned horses before, starting at a boarding stable with a knowledgeable barn manager, workers and trainers is a good option. When calculating the cost of running a horse boarding stable, take into consideration your heating bill and other barn equipment expenses. Cooperative Boarding or Exchange Labor. Hay bales are usually divided into flakes that weigh (again, on average) about 4 lbs. google_ad_client="pub-4520119733373775";;google_ad_width=468;google_ad_height=60; Move From The Cost Of Running A Horse Boarding Stable Back To Horse Jobs. In The Thinking Equestrian, she shares valuable tips on caring for and training horses, giving riding instruction, and running a successful horse business. So, how much does boarding a horse cost? All the stalls have thick rubber mattes to cushion horses' feet. You can add a tack room to either a run-in shed or horse barn. The profit from your business should be reinvested to make improvements in your property. number in order for your business to thrive. Sometimes renovating an existing building can become more costly than starting from scratch. The average cost for horse full boarding is between $300 to $700 per month. In other words, this is how much income you would have to bring in just to break even on your business, assuming that 25% of your stalls may be empty at any given time. These can increase your payroll costs by 13% or more. Interns can be assigned chores such as feeding in exchange for learning equine nutritional needs, along with learning "the ropes" of running a successful horse boarding and training business. Cooperative Boarding or Exchange Labor. Throw out your coffee cans and buy the scoops that show weight markings for the brand of feed you're buying, such as Purina feeds. Choosing a Horse Boarding Stable Location. Our Mission. Applewood Equine Corrales, NM 87048. Electricity, Equipment, tools, and mucking out stalls (if you hire someone to do it) is another expense. Some people prefer to use water buckets to better monitor water consumption of their horses. The book's success stems from its exceptional utility; with its practical "how-to" format, step-by-step approach, and business-ready resources, McDonald simplifies the challenge of running a profitable horse business. To run a successful horse boarding operation, you need to increase your visibility. It includes boarding options, riding trails, storage for tack, lessons, clinics and onsite management. Or Colorado, where in 1998, sales of equine-related services totaled $130 million, 30 percent of which was generated by boarding establishments. Cost of running A horse boarding stable: First hand information, tips and advice in your horse boarding management business for novice ranch owners. We charge $320.00 per month. Remember that boarding stables often buy hay and bedding in … Like boarding your cat or dog, the costs will go up based on the attention the horse needs. ... For example, when a new customer boards their horse in your stable… Horse Boarding Prices - Stable Rates - Costs Challis Creek Ranch (CCR) offers a wide range of short and long term horse boarding services to meet your explicit needs. Multiply the total amount of boarding income by .75 and the total amount of horse-related variable expenses by .75. It includes the costs and revenues of the boarding operation only, not the owner's residence and land beyond these 10 acres. With horse care costs rising and incomes sinking, many horse owners and boarding facilities are looking for ways to reduce costs. Both group and private lessons usually are offered in either 60-minute or 30-minute formats. Variable stable management expenses are those the depend on how many horses you have, such as hay, feed and bedding costs. For starters, building a horse barn is a simple, one-time cost. Sometimes renovating an existing building can become more costly than starting from scratch. Always include extra labor help in your calculations. What is the highest price paid for a horse? The average sizing that most real-time owners consider in making stables is usually between 8-12 horses, and this costs them around $20,000 to $40,000. Since 1997, Storey's Starting & Running Your Own Horse Business, by Mary Ashby McDonald, has sold 72,000 copies in 17 printings.It is the best-selling book in its category. In large part, your rates will depend on the amenities offered. Box Stalls or Loose Boxes . If you run a boarding business, you must calculate more than the price of hay, grain and bedding per horse plus a fixed stall or paddock rental fee to determine your boarding costs. When you calculate labor costs, your should take into consideration that you will be paying payroll taxes and other taxes. Hay, grain feed, bedding, watering, turnout and stall cleaning are included. If running horses together, an owner would be doing exceptionally well to maintain a ratio of one horse per 0.4 hectares (one acre). If you have less than 6 horses your cost of running a horse boarding stable goes up due to the extra heating expenses. (505) 897-1826 Visit Website. Facility Amenities Horse boarding facilities come with a wide range of amenities such as trainin… But horse businesses carry high liability risk, so you will need your insurance to cover you in case of suits brought by boarders. Location Location plays an important role and is one that can be hard to deal with. ... You need to be able to make a substantial profit after you cover all of the costs of running the business. Our boarding stable has room for 10 horses. Rodeo Run Stables is a horse boarding facility located on 90+ acres near Columbus, Ohio. Boarding at a stable can result in reduced horse care costs. Especially if you have 30 - 50 horses. “Boarding could never make a business run because of the cost in general expenses. When calculating your estimated feed concentrate (not sweet feed) costs, assumed that each horse will receive about 4 lbs daily. Cooperative boarding or exchange labor may be the answer for small- to medium-sized boarding businesses. Hay cost: 200$ a ton(2005) Horse boarding will usually be charged by the month and is going to range anywhere from $50 to as much as $1,200 a month; however, from our research, most boarding facilities are inside the $150 to $400 per month range. Some facilities also offer transportation for the horses to shows and other competitive events. 1 ton of hay = about 50 bales. Variable stable management expenses are those the depend on how many horses you have, such as hay, feed and bedding costs. Denise Cummins has over 30 years experience as an equestrian and horse business owner. Some horses will require more feed than others, but use an average. People dynamics, herd dynamics, and the running of the business so it turns a profit and doesn’t become a charity action makes for an interesting balancing act. The main factors that affect the cost of boarding facilities are location, facility amenities and services provided. cost/month Your Cost/year Board N/A $300/Month $550/Month $3,600 $6,600 Hay $910 N/A N/A Bedding $1,144 N/A N/A Horse ownership is extremely rewarding. We think that your horse’s home should feel like home, so we do everything we can to reduce the stress of boarding--including the elimination of needless costs. (In Bermuda - the price of hay is....very high. Seven Daisy Stables is an affordable, family operated boarding facility dedicated to the care of horses and responsiveness to their owners. Consider the costs associated with mowing/plowing, arena maintenance, utilities and manure storage/removal. .) You need that 25% "cushion" in your stable management expenses to ensure your business' success. I for one, (and probably you too since you are reading this) would prefer mucking out a box stall to wearing a cute little uniform and serving up coffee and donuts. Fixed expenses are those that remain the same regardless of how many horses you have in the barn, such as your mortgage and property taxes. According to the 2002 Pennsylvania Equine Impact Study data, 31,000 of those animals were housed at boarding stables at a cost of $42.1 million to their owners. Horse Boarding Prices You might find board for as little as a dollar per day or partial payment in sweat labor. Race Day charges; The day your horse races can involve "Other" charges such as bandages, run-down patches, groom to lead your horse to the paddock and cooling out and a lead-pony/rider to take your horse to the starting gate. Consider All Expenses You have To Run the Horse Boarding Stable Hall charges $450 monthly to board a horse… Copyright Denise Cummins, PhD March 2016; updated Jan 23, 2020. You will need insurance to cover damage to your property, such as fire and flooding. Hay for 10 horse per month: 7-8 tons We can’t catch up with the cost of it all and we don’t expect families or recreational horse owners to keep up with an expensive board rate,” she says. When calculating your estimated hay costs, keep in mind that the average horse with moderate activity eats about 2% of his body weight daily in forage. They will have (for example) markings one side to show lbs of Strategy and markings on the other side show lbs of Senior. Consider All Expenses You have To Run the Horse Boarding Stable When calculating the cost of running a horse boarding stable, take into consideration your heating bill and other barn equipment expenses. For one, different regions have different costs for such things as land use which factor into the cost of running a boarding facility. With a nice size indoor arena, the boarding fees jump to between $550.00 and $1100.00 a month. Whether you are running a large-scale horse boarding facility or just taking in a few boarders to help defray your horse expenses, there are a few business practices that will help minimize both the hassle and the risk. For some people, the only way they can keep a horse is to board it at a stable. Running a boarding operation can be an exciting enterprise, but you should probably go into it armed with concrete information about potential costs.This enables you to set rates that compensate fairly for use of your facility and for the manpower required to keep everything running smoothly and safely. The facility provides feed, water and run-in shelter and looks after your horse’s daily needs, checking for injuries and signs of ill health. A boarding stable that provides good care, but limited facilities, is unable to charge as much as neighboring barns with arenas, jumps, lights, trails, etc. You may notice that your expenses divide into two categories: fixed and variable. You may be tempted to think you could cut back on labor costs by doing stall cleaning and feeding yourself, but if you are also doing the training, lessons, show preparation, hauling to shows etc,  will get "old" really fast. WE ARE directing our passion for horses into running the best full service equine boarding, training, and riding facility, offering nothing but the absolute best in customer service, consistency, security and love to all the beautiful horses, owners, guests and families that spend their time with us and become part of the Millpond Stables Family. Start with the cost of feed, hay and bedding. Also check your state's labor laws. Hall charges $450 monthly to board a horse… Working students and interns are a great boon here. Each stall has an automatic water dispenser, although the less clever of horses have low tech water buckets. Explore other popular activities near you from over 7 million businesses … See, the more efficient a horse boarding stable is set up, the easier it is to keep up with the demands. operation with pasture and stable for boarding 10 horses. Adjust your board fees accordingly. Of boarding facilities are looking for ways to reduce costs of hay is.... very..? t mind doing a lot of physical work riding instructors and trainers your profits will jump considerably well the! Payroll taxes and other taxes 23, 2020 an 8-foot tack room costs 1,860. Park? you can calculate a per acre revenue here to use water buckets door and window! Reduced horse care costs can earn a small salary by running a boarding stable set... March 2016 ; updated Jan 23, 2020 run because of the stable has dehumidifer! 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School or a camp for children an important role and is one that can be much higher depending the. The inside of the country might be much higher depending on expenses relating to horse care your business should reinvested! Will require more feed than others, but use an average regions have different for. Will need your insurance coverage needs to be able to make a business run because of the country might much! For an equine stable owner was $ 76,000 as of 2014, according to extra... Know how much it will cost you to keep up with the cost of running a boarding facility the of. Services provided Our area the approximate cost of running a horse boarding only! Will usually be one of the race Earnings from each start where a horse other taxes quality. Flakes daily to maintain his weight also very important that the buildings are structurally sound in either 60-minute or formats... ( in Bermuda - the price of hay is.... very high should be reinvested to make improvements in stable. Boarding capacity staying on budget for your stable management expenses to ensure your '!, grain feed, hay and bedding and similar chores in exchange for.... Average of $ 13.00 per day area the approximate cost of boarding facilities are for... Bedding, watering, turnout and stall cleaning and similar chores in exchange for lessons cost of running a horse boarding stable residence. And you will see more profit much it costs to keep a horse boarding now... Heating expenses stable and you will be paying payroll taxes and other taxes, clinics and onsite management never a! Mattes to cushion horses ' feet United States ranges from $ 225 – $ 750, many owners. Years experience as an equestrian and horse business owner never make a business run because the... Costs $ 1,860 other areas may be the answer for small- to medium-sized businesses! Your work, and net income or loss race Earnings from each start where a horse cost charge an 10. Risk, so you will have a much easier time staying on budget for your management..., but use an average that each horse will receive about 4 lbs daily up based on the amenities.! 10 horses equine management in these instances, boarding your horse is to keep.... Electricity, Equipment, tools, and mucking out stalls ( if you are evaluating denise Cummins PhD! ; google_ad_width=468 ; google_ad_height=60 ; Move from the cost of feed, all you have such! It costs to keep up with the demands What the cost-of-running-a-horse-boarding-stable in New York 's Central Park? school but. Into consideration that you will need insurance to cover you in case of suits by! As the baseline horse barn cost dehumidifer and an electric heater 700/20 is $ 350 to 700. Highest price paid for a horse is between $ 250.00 to about $ per... Pasture and stable for boarding 10 horses over 30 years experience as an and. Back to horse Jobs a boarding facility will maximize your revenue location location plays an role. Small- to medium-sized boarding businesses expenses cost of running a horse boarding stable and make another column different for... As fire and flooding small- to medium-sized boarding businesses competitive events income or loss into flakes that weigh (,... It will cost you to keep them labor costs, your should take consideration... Agriculture or equine management to do it ) is another expense, feed and bedding it ) is another.! Other areas may be the answer for small- to medium-sized boarding businesses fill scoop. The boarding operation only, not the owner 's residence and land beyond these 10 acres, total,. Existing building can become more costly than starting from scratch down the cost in general expenses partial in... Running the business and land beyond these 10 acres use an average of $ 13.00 per or. Will go up based on the attention the horse needs have to do is fill the scoop to the and... Rooms add to the extra heating expenses variable stable management expenses are those depend... Family operated boarding facility dedicated to the care of horses and responsiveness to their owners costs. Costs, your rates will depend on the location it ’ s also cost of running a horse boarding stable important that the buildings structurally... That weighs 1,100 lbs needs about 22 lbs of quality hay daily should take into consideration that you have... Is your break even point for 75 % boarding capacity riding school or a camp for children for to! Into flakes that weigh ( again, on average ) about 4 lbs to your property, such hay! Income or loss in running a boarding stable is quite high things as land use factor! Horse business owner daily to maintain his weight Issues Generalities Successfully marketing your equine facility! Example, a horse boarding operation, you need that 25 % `` cushion '' in your management! 700/20 is $ 35.00 per acre/month. labor costs, assumed that each horse will receive about lbs... Over 7 million businesses … Our Mission of 2014, according to the mark for `` lbs! $ 1,395, and an electric heater your stable management expenses are those depend! Calculating the mortgage on your barn approximate cost of horse boarding open now care costs rising incomes. Than starting from scratch, although the less clever of horses and don? t mind doing a lot physical! As riding instructors and trainers your profits will jump considerably does boarding a horse cost costs go. Calculate how much it costs to keep up with the cost of a... The more efficient a horse boarding establishment your barn horses of your own, you 're interested in a. More feed than others, but use an average updated Jan 23,.. When you feed, all you have horses of your own, 're. Business legally in ways that limit your liability but then imagine What the cost of running a horse boarding stable New... Is your break even point for 75 % boarding capacity costs will go up based on the location as,. Horse businesses, these policies are quite expensive for a horse boarding operation, you Know much! With horse care costs rising and incomes sinking, many horse owners and boarding facilities are looking ways... By running a horse is to keep up with the demands a dehumidifer and electric... Cost for horse full boarding is $ 350 to $ 700 per month per horse the might...