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13 Replies Last post: Jun 8, 2008 4:51 PM by waldo5

Farming Investors

Jun 7, 2008 7:40 PM

Click to view waldo5's profile Professional waldo5 6 posts since
Jun 7, 2008
I am looking for any investors to help me build a barn to raise chickens in. The eggs would be are product! I have more details if anyone is interested.
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Click to view MRFINANCE's profile Mogul MRFINANCE 104 posts since
May 11, 2008
1. Re: Farming Investors Jun 7, 2008 11:10 PM
Tell us a little more.

Why not rent a facility to begin with.


Joe


Richton Funding

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Click to view waldo5's profile Professional waldo5 6 posts since
Jun 7, 2008
2. Re: Farming Investors Jun 7, 2008 11:27 PM
in response to: MRFINANCE
There is no place to rent like what is needed. They supply the chickens, feed and transportation. I am to supply the land and a 500 ft. building, which cost is about 500,000 dollors just for the building. Totally enclosed and i am to take care of the birds, and the building, plus pay utilitys. Payout is around 85,000 per year for me before the cost of the building and utilittys is taking out. So that is why i can't rent, not sure if that explains it enough though. Any ideas would be appreciated!
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Click to view Bridge's profile Mogul Bridge 364 posts since
Jun 3, 2008
3. Re: Farming Investors Jun 8, 2008 11:05 AM
What is your expected annual profit after expenses?

As a side note, $500,000 for 500 sq/ft = $1,000/sq.ft. that seems very expensive - even if land is included in the projected cost!

I'll admit I do not know much about raising chickens but I have been involved in bothe commercial and industrial property transactions before.
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Click to view waldo5's profile Professional waldo5 6 posts since
Jun 7, 2008
4. Re: Farming Investors Jun 8, 2008 1:40 PM
in response to: Bridge
I'm not sure yet of my annual profit as of yet.

I believe the cost for the building is an estimated cost.
But thank you for the insite and i am going to look into the actual cost down to the penny, for future refrence.

I am greatful for all the help!
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Click to view waldo5's profile Professional waldo5 6 posts since
Jun 7, 2008
5. Re: Farming Investors Jun 8, 2008 2:45 PM
in response to: waldo5
A similer barn went up near me, it is 26,000 sq. ft. it will house 20,000 cage free hens.
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Click to view Lighthouse24's profile Mogul Lighthouse24 2,396 posts since
Oct 10, 2007
6. Re: Farming Investors Jun 8, 2008 3:18 PM

Just FYI . . . an egg farm near me has around 40,000 laying hens (that's tiny by egg farm standards), and the 21-year-old barns for them (about 48,000 sf total) are assessed at slightly more than $1.2 million.
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Click to view Bridge's profile Mogul Bridge 364 posts since
Jun 3, 2008
7. Re: Farming Investors Jun 8, 2008 3:33 PM
in response to: Lighthouse24
It appears that a 500 sq/ft facility would not be appropriate for a "commercial" egg laying opportuntiy unless you just want to lay an egg...sorry could not resist.
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Click to view waldo5's profile Professional waldo5 6 posts since
Jun 7, 2008
8. Re: Farming Investors Jun 8, 2008 3:47 PM
in response to: Bridge
well here in my area, the company is looking for farmers to open a 500 ft long, 26,000 sq. ft. building to raise cage free birds, that house 20,000 birds. That is what they are looking for, so i am trying to find a way to put up a building., But thinks for the humor!
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Click to view Bridge's profile Mogul Bridge 364 posts since
Jun 3, 2008
9. Re: Farming Investors Jun 8, 2008 3:57 PM
in response to: waldo5
Waldo, you never mentioned a 260,00 sq/ft building, only a 5000 Ft building!

Still, the first think you need to do is come up with income projections.
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Click to view Lighthouse24's profile Mogul Lighthouse24 2,396 posts since
Oct 10, 2007
10. Re: Farming Investors Jun 8, 2008 4:08 PM
in response to: Bridge

Bridge, the initial post said 500 ft -- not 500 square feet. Easy to understand the confusion, but these types of livestock barns are nearly all 40 foot or 50 foot modular clearspan, so when talking barns, agri-business folks generally talk total length.
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Click to view Bridge's profile Mogul Bridge 364 posts since
Jun 3, 2008
11. Re: Farming Investors Jun 8, 2008 4:21 PM
in response to: Lighthouse24
The clarification certainly helps. In an earlier post I brought up the sq/ft seemed high trying to get a better understainding of the project (I could not envision a $1,000/sq.ft. chocken coupe!) but it was not addressed until several posts later.

I still think an income projectioin is necessary. What are the metris here? How many chicken can the barn hold and what is teh average yield per chiocken?
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Click to view Lighthouse24's profile Mogul Lighthouse24 2,396 posts since
Oct 10, 2007
12. Re: Farming Investors Jun 8, 2008 4:32 PM
in response to: Bridge
I'd imagine that Waldo5 can provide all that to a serious investor (right, Waldo5?). The size of the farm and methods of caging, feeding, caretaking, etc. can all affect the metrics -- and some of those details are probably proprietary.
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Click to view waldo5's profile Professional waldo5 6 posts since
Jun 7, 2008
13. Re: Farming Investors Jun 8, 2008 4:51 PM
in response to: Lighthouse24
I can truthfully say no i can't provide that information, and that is only from lack of knowledge. But thanks to your input, lighthouse and bridge, my knowledge is growing. You both can be sure that is on my aggenda for this week, and there will be knew posts! Thanks to all!

Mike
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