1. HORSE PROPERTY PRICE LIST

2. OPERATING COSTS (PER MONTH)
YOUR NUMBERS OUR NUMBERS
Hay $235
Labor (W2) $168
Hourly $12
Taxes/Ins $6
Bedding ???
N/A ???
Total (per horse) $403
Hay $172
Labor (W2) $168
Hourly $12
Taxes/Ins $6
Bedding $53
Coconut Husk $26.50 per bale
Total (per horse) $340
$393 (w/ bedding)
$428.51 (24x24)
*20 min (labor unit) = $6.00
*Hay cost could be as low as $160 (no tax)
*24x24 stall requires 1.67xbedding=$44.26
*20 min (labor unit) accounts for 10 min to muck stall & 10 min to feed 3x per day*

3. HAY COST CALCULATIONS
YOUR SUPPLIER OUR SUPPLIER (OR HIGH HAY PRICE)
Orchard
Cost per bale $21.50
Sales Tax (7.5%) $1.61
Total per bale $23.11
Monthly Cost $184.50
Monthly Cost (no tax) $172
Orchard Alfalfa
Cost per bale $23.50 $17.25
Sales Tax (9%) $2.12 $1.29
Total per bale $25.62 $18.54
Monthly Cost $204.92 $171.19
Monthly Cost (no tax) $188 $160
*Horses will be fed 8 bales per month - Feeding 3 flakes per day, bale has ~12 flakes
Right column shows cost of Alfalfa and
monthly hay cost if fed once per day

4. PRICE COMPARISON
Stall Yours Ours VDM Peck Canada Apex
Barn +
bedding
24x24 $733.00 $740.00 N/A $650.00*** N/A N/A
12x24 $568.00 $600.00 $630.00 $550.00 $495.00 $550.00
Barn + no
bedding
24x24 $673.00 $650.00 N/A N/A N/A N/A
12x24 $538.00 $550.00 N/A N/A N/A N/A
Malibu
24x24 $673.00 $500.00 N/A N/A N/A $425.00
12x24 $538.00 $450.00 $475.00* $500.00** N/A $425.00
Mare Motel
24x24 $653.00 $475.00 N/A N/A N/A $375.00
12x24 $528.00 $425.00 $475.00* N/A N/A N/A
Pasture 100 x 360 $481.00 $350.00 $375.00 $300.00 $295.00 $350.00
*=16x24 stall
** = 12x12 stall
***=12x18 stall

5. BARN
Size not including
12x12 box stall
Board
Price
Stall +
Costs
Your
Stall Fee
Ops Costs Difference
Adjusted
Stall Fee
with run +
bedding
24 x 24 $740.00 $758.51 $330.00 $428.51 $(18.51) $311.49
12 x 24 $600.00 $558.00 $165.00 $393.00 $42.00 $207.00
with run (no
bedding)
24 x 24 $650.00 $670.00 $330.00 $340.00 $(20.00) $310.00
12 x 24 $550.00 $505.00 $165.00 $340.00 $45.00 $210.00
w/o run + bedding
12 x 24 $705.00 $954.49 $270.00 $684.49 $(249.49) $20.51
12 x 12 $525.00 $665.00 $135.00 $530.00 $(140.00) $(5.00)
•We are close on the barn stall fees. Stall Fees would increase on 12 x 24 stalls and
decrease on 24 x24 – change is highlighted in the “Difference” (blue) column
followed by the “Adjusted Stall Fee”`
•24x24 – Lower stall fee is justified because there is less cost of having 1 horse in
that stall vs. 2 horses in two 12x24 stalls and it gives clients more options.
•Stalls with no run are not cost effective, because there is additional bedding and
labor cost for these stalls (more time to clean which also leads to more bedding used)
OPS COSTS
Hay $172.00
Labor $168.00
Bedding $53.00
must have
bedding

6. OTHER STALLS
MALIBU BARN
Board
Price
Stall +
Costs
Your Stall
Fee
Ops
Costs
Difference
Adjusted
Stall Fee
24 x 24 $500.00 $610.00 $270.00 $340.00 $(110.00) $160.00
12 x 24 $450.00 $475.00 $135.00 $340.00 $(25.00) $110.00
MARE MOTEL
24 x 24 $475.00 $590.00 $250.00 $340.00 $(115.00) $135.00
12 x 24 $425.00 $465.00 $125.00 $340.00 $(40.00) $85.00
PASTURE
100 x 360 $350.00 $275.50 $78.00 $197.50 $74.50 $152.50
OPS COSTS
Hay $172.00
Labor $168.00
•We are also close on the 12x24 stall fees in these areas. Stall Fees would slightly
decrease.
•For 24x24 stalls, charging double the rate for double the space is not ideal. There
is less cost in having 1 horse in the stall than 2 horses in two 12x24 stalls and it
gives clients more options.
•Stall fee on pasture horses increases by almost 50%

7. OTHER SERVICES
VDM Apex Canada Ours COST Revenue
Time per
Activity
(min)
Activities
per
Month
Monthly Turnout (5) times per week $75.00 $95.00 N/A $80.00 $60.00 $20.00 10 20
Monthly Turnout (2) times per week $45.00 $75.00 N/A $40.00 $24.00 $16.00 10 8
Individual Turnout $8.00 $10.00 N/A $8.00 $3.00 $5.00 10 1
Monthly Blanketing (includes fly mask) $50.00 N/A $45.00 $60.00 $45.00 $15.00 5 30
Individual Blanketing $6.00 $6.00 N/A $5.00 $1.50 $3.50 5 1
Monthly Fly Mask $30.00 $45.00 N/A $40.00 $27.00 $13.00 3 30
Individual Fly mask $6.00 $6.00 N/A $3.00 $0.90 $2.10 3 1
Monthly Supplements (premade) $45.00 $55.00 $20.00 $60.00 $45.00 $15.00 5 30
Individual Supplements $6.00 $5.00 N/A $3.00 $1.50 $1.50 5 1
Extra Feeding - Alfalfa (1 flake) $50.00 $50.00 $40.00 $50.00 $46.35 $3.65 N/A N/A
Extra Feeding - Orchard (1 flake) N/A N/A $45.00 $60.00 $57.78 $2.22 N/A N/A
Substitute Orchard for Alfalfa N/A N/A N/A $15.00 $13.71 $1.29 N/A N/A
Labor Cost is $3.00 per 10 min

8. BACK UP SLIDES

9. LABOR CONSIDERATIONS
W2 - EMPLOYEE 1099 – CONTRACTOR
 Performs duties dictated or
controlled by other
 Is provided training for work
accomplished
 Works for 1 employer
 Is on payroll & receives W2, has
taxes withheld
 Offered benefits
 Has own tools & sets own hours
 Invoices for work completed
 Can work for multiple companies
 Pays own taxes, receives 1099-
MISC, no taxes withheld
 No benefits
References: http://www.irs.gov/pub/irs-pdf/p1779.pdf
http://payroll.intuit.com/resources/hiring/1099-or-W2
*This seems like a judgment call that could go either way, the 1099 route is a
known practice for ranches in the area
*IRS can help by filing a Form SS-8, Determination of Worker Status for
Purposes of Federal Employment Taxes and Income Tax Withholding. (Can take
up to 6 months to get response