[QUOTE=trubandloki;8605043]
The number does not mean much unless we know exactly where you are located (so I am not sure why anyone asks for the number). Is this board at the high end, mid range, or low end for boarding in your area is how it should be asked.
OP, I am glad you are talking to the barn owner. Good for you.[/QUOTE]
The OP is in NJ. NJ is ranked 46th in land size and 11th in population. Verses New York which is 27th and 3rd in population. NJ is the 5th most expensive state to live in based on “cost of living”.
So just by being in NJ is enough information.
The vast majority of NY population is centered around NYC. Not Upstate where you are located. The most expensive area to live in is around the great NYC. No the same with NJ.
Given the size and population of NJ it is is safe to say that it has limited open land for a horse operation. It is an expensive state to live in. Cost of land, cost of living and taxes. Being a small state it is expensive as a whole. Unlike New York.
So the “number” means a lot to any one who understands how to run a business.
Basic fixed costs, feed, hay and bedding for just about any horse operation are about the same regardless of location. The MAJOR difference is the cost of land, buildings, taxes, payroll, payroll taxes, utilities, insurance, etc.
So the break even point for an boarding operation in just about any part of NJ is going to be considerably higher than most places in Upstate NY and many, many other parts of the country.
$600 per month for a stalled horse is $20 a day. Bare minimum fixed cost per day in NJ for just feed, hay, bedding, labor and payroll taxes is going to be around $10-$15. This does not include, mortgage/lease, insurance, property taxes, income tax, utilities, repair and maintenance, equipment, etc.
At $12.50 for basic fixed cost per day per horse, $375 per month, X 12= $4,500 of fixed costs per stall.
If there was a “profit” of $225 left from the $600 and I highly doubt it is anyway close to that, $2,700 profit per stall per year
20 stall barn $54,000, $4,500 per month. Take out mortgage/lease payment, insurance, property taxes if owned, income tax, state tax, utilities, workman’s compensation (very expensive for a horse business), repair and maintenance, equipment purchase payments, etc. There sure as heck not going to be a lot, if any left over to "live"on.
For a horse business that only charges bare minimum board to have a chance of making enough money to justify the exercise it has to utilize “economy of scale”. Keep expenses low, maximize return on property investment by packing a lot of horses on a relatively small property.
So, pointing out the above numbers to give a perspective so those who feel they are paying what they may consider premium board in reality they are not. $600 in NJ can not be considered expensive in a state/area that is one of the most expensive to live and work. Which is why I asked what the OP was paying. The old saying “you get what you pay for” applies to just about everything. ESPECIALLY horses, their care/attention to detail and the facility/property.