Join Date: Jul 2009
Location: Oklahoma City, Oklahoma
• Horses: 0
Find the stables that fall into a 30-40 min ratios. Most people don't want to drive further. Find out how much they charge, and their vacancy rate.
Then figure your costs, (15 ac., fencing, indoor arenas, turnouts, mats, stalls, equipment, jumps, feed, shavings, hay, labor, utilities, insurance, etc.)
Take current "rate" x 8 stalls... ? (less vacancy%, less your horses, less your time)
Subtract your bank note payment & monthly costs. The answer will tell you if you want to do it, and if the price is in line with the competition.