New York Boarding Stable Agreement - Horse Equine Forms
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FAQ
Scope out legalities. Consider zoning, business permits and your state's lien laws. Evaluate your facilities. Investigate the cost of liability insurance. Research your market. Crunch the numbers. Draw up a legal boarding contract.
A horse is assigned a stall and you're given access to trails, a pasture or arena. The cost of boarding averages $400 to $500 per month but can go as high as $1,200 to $2,500 in metropolitan areas. Services such as mucking out stalls, feeding and turning out your horse to pasture may not be included in the price.
Equine/Stable Liability will be required; Care, Custody, Control to provide coverage for the non-owned boarded horses; General Liability and Property insurance.
The average cost for horse full boarding is between $300 to $700 per month. However, it can be much higher depending on the location. In some areas, it can cost as much as $2000 to $3000.
If you are attempting to figure the carrying capacity of land for a horse, then a good rule of thumb is 1-1/2 to 2 acres of open intensely managed land per horse. Two acres, if managed properly, should provide adequate forage in the form of pasture and/or hay ground. But this is highly variable depending on location.
Adding boarding services could be a great solution if you lay the groundwork carefully. But boarding horses is a business, whether you have one boarder or 10. And as with any business, there are organizational, legal, and contractual issues that you need to resolve before you throw your doors open.
AS an instructor, you obviously need insurance cover to protect you in the course of your commercial activities. Anyone involved in business-related equestrian activities should have public liability insurance.
Numbers Game. The reality is that boarding facilities operate on slim profit margins. By the time costs are considered for hay, grain, bedding, labor for feeding, cleaning stalls, doing turnout, etc., the board fees typically do not leave a lot left over, Sherrick-von Schiller said.
