This is a bit long sorry. Short version: I'm wondering about starting a trail riding business..
I'm in the process of buying a two and a half acre block right near the beach. (In Northern Australia)
I was going to have a little house built on it and rent it out, with the idea of retiring there eventually. (Presently I live about 80 km away, on a 20 acre block)
What's got me thinking is something my riding instructor said the other day..."If I had half a dozen quiet horses and somewhere to go trail riding Id make a fortune.., you wouldn't believe the number of phone calls I get for trail rides"
Where we are is probably the number one tourism destination in Australia. The nearest trail rides I can find are 100 km away and not accessible by public transport. The beach spot I'm looking at is accessible by a lovely 20 minute ferry ride, from the city center.
Prices the 100 km away trail riding place are charging: (did the currency conversion for you!)
2 hr $AUS120 $US 116 GBP71
1 day $AUS 330 $US319 GBP 976
2day/2 night $AUS1100 $US1063 GBP658
They are generally running at 4-8 horses per trip by the look of it.
I thought those prices looked pretty good, but there's obviously lots of expenses to consider and council permission etc to look into.
I do have some finances to back this idea up, but still it would have to be financially viable in the long run.
Obviously 2 1/2 acres is not big enough to keep 6-8 horses, but much larger properties further out of town are available very cheap, (and there's our 20 acres) so they could come in when working and go back out when not.
Just wondering if anyone on the forum runs a trail ride business? And has any advice on how to assess business feasibility?
Thanks very much in advance.
Oh, and for all who gave advice on my sick "not peeing" horse last week, he is peeing very well now