Quote:
Originally Posted by Sonfishing
Originally Posted by wkyoutdoorsman
Well after doing some research I found a farm that is just shy of 2000 acres that comes with a lodge that can sleep 8 and also comes with almost everything else you could think of to get started in an outfitting business and it can be had for $3,290,500. Quite a bit more acreage than you were stating ShelbyCoKiller. I believe the site indicated the property was located in Butler County, which over the last few years has turned out some great whitetails.
At 5% interest (which is lower than you would probably get) the interest payment alone would start at $164,525.00/yr, with not a penny on the principal. At $4000.00 per hunt, that means you only have to guide 41 people to pay the interest.
Bigdeerdan is right. I have been involved with a family huntclub/lease management since the early 1980s. It can be fun but the work part of it generally makes it pretty tough. People who pay will often tell you that the hunt makes the trip, but most will not be happy without seeing and taking game.
Its the dream of all hunters to make a great living doing what we love.
For some its the nightmare!! Best of luck to you!!
Sonfishing
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Just for the record, when I was doing the research on, I wasn't doing it on my own behalf. While I hope to someday own my small piece of the pie, forking over the amount of $ on the amount of acreage to remotely even consider starting my own outfitting business is long stretch at this point in my life. I was doing the searching for the sake of the conversation. Either way, for someone that knows how to manage a business, devise a strong plan, bring in the clientele, and provide a good opportunity with customer service in mind, even with the way the economy is right now, it can be done.