Interview with the seller of a prime horse facility to be auctioned on March 24, 2012 In Mississippi
Can you please tell me the history of the facility?
This facility was established in the early 1960’s. It has been used for professional rodeos, Horse Shows, Camps. The operation brought home the Commissioners Award three years in a row at the Dixie National Rodeo. The structures were renovated in 2002.
What types of profit can be expected from the current clientele?
The boarding business has been very strong with a 95% occupancy rate. The majority of income can be produced with camps, lessons, and field trips. Currently self service boarding is $100 per horse, owner provides hay/feed and is responsible for cleaning after their animal and feeding. In the area of full care depending of owner preference the normal rate is $450-$800 per month. Calls are received daily for camps, birthday parties, lessons and field trips. However with the decision to relocate this is not being offered at this time. The front barn is 45 stalls and is full.
What do you consider to be the best feature of the property?
The business is on auto pilot. The center of the barn has been a restaurant, feed and tack store, most recently used as a party room. It is the only facility under a special use district in the state. This is the designation for coliseums, horse shows, riding academies, and parks. It is nearly impossible to acquire this in the county and impossible in a residential setting. There is a 250x150 lighted area for shows and clients to ride, a 60 ft lighted round pen, and also trails at the back of the property.
Approximately how many boarders did you have when the business was at its peak performance?
There has never been any difficulty filling the facility with renters. At one point it was necessary to turn down business as the facility was at capacity. The focus has always been families and children. With animals for kids to pet (goats, ducks, chickens, pigs, cows) and hay rides around the 45 acre facility. Birthday parties ranged from $150-$200 per two hours, camps $200 per three days, and lessons $30-35 per hour. Field trips were offered at 8-10 per child depending on the duration of the trip. Many of the prices could easily be increased. The income possibilities are endless.
What makes this property unique in comparison to area facilities?
The facility is centrally located and the business is just waiting! With high visibility and new horse people the opportunity for training and possibility to get top dollar for the sale of horses is excellent. The current owner described the property as a horse lover’s paradise, however they have made the decision it is time to move on and accomplish new goals. Check out the United Country INational auction schedule. Now is the time to invest in land and what better way to increase revenue than buy a turnkey business along with the land investment. Check out this property at www.certifiedlandauction.com.
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