Advice - Asked to manage a barn
   

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Advice - Asked to manage a barn

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        01-10-2011, 05:28 PM
      #1
    Foal
    Advice - Asked to manage a barn

    One of my clients (I give her lessons and train horses) just opened her own facility a couple of months ago. She has slowly built up some business - 7-8 boarded horses, has an indoor that she rents out for shows etc. She definitely has room for more boarded horses - has a main 8 stall barn, a 5 stall shed row, another 2 stall barn and room to put in quiet a few runs with shelter and/or another barn. The property is about 60 acres - 35 - 40 that is cleared.

    She is having some health issues, and also has a mother that is getting up in her age (82) that lives in another state.

    She asked today that if she had to leave, or could not physically look after the place anymore would I consider taking over.

    A place like hers has always been my dream, but not something that I could ever afford.

    So here are my thoughts...

    What should I expect compensation wise - a Salary? Or to take over income and expenses and pay her a lease/month?

    If I am there from 9-5 each day I could give lessons (she does hire help to clean stalls etc, so I would not have to necessarily spend all of my time doing that). I would consider hiring help to look after the place on Sunday.

    There is a house on the property, but me moving there is not an option as I have a husband and children and we have our own small farm. I am 10 minutes away.

    She asked me just to think on it, so when I do approach her about this I am trying to think of what would work best.

    What would a lease on a facility like this in not huge horse country be?

    Oh, and she also has 6 horses of her own that would have to be looked after (Maybe 1 I could use in my lesson program).

    Please feel free to ask questions as I know that I have left a lot of blanks.
         
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        01-10-2011, 06:16 PM
      #2
    Foal
    I couldn't figure out how to edit, so wanted to add info.

    I presently give lessons at my own barn, and her barn, so I would be moving my lesson program to 1 place. This would involve moving 5 horses, so that would fill up stalls. I do not have a problem putting in run-in shelters for my horses, but that would be an expense for me I am sure..

    I do not know if she were to move if she would take any horses with her. 2 that she has were resale projects so could potentially stay up for sale and be gone. We would have to discuss this.

    She has several dogs on the property that would also have to be taken care of.

    The farm is wonderful. Has a lot more potential. Cross Country Course, trails etc. Aside from the indoor there is a dressage arena, jump ring and jump field.

    The barn is not close to any significant city/town. It is 30 minutes + away from everywhere which has been an issue for potential boarders.

    That's all I can think of right now...
         
        01-13-2011, 02:01 PM
      #3
    Foal
    I suggest talking to her about this, possibly setting up a time to meet and discuss details. I think that this sounds like a wonderful opportunity for you!

    I would have a general list of topics/questions to talk about with her but unless you need something in particular, I would hold off on saying this is what I want.

    To me it sounds like it could go either way - she may give you a salary OR she may say you rent this space from me but you can run all of your lessons, training, etc. on this facility.

    I would map out both scenarios for yourself so that if she said for example you are going to be salaried, have a rough idea of what you would like as well as negotiations.

    I do have one question for you: You said you would move your horses to her place, is there no possibility of moving the whole family? The only thing is, I would not necessarily sell your farm and move there because as you said she might be leaving etc. and then would you be stuck with no where to go?

    This sounds wonderful though, please keep us updated.
         

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