Selling horses is one of the top ways in which a horse farm can make money. To maximize profit, assess horses’ conformation, soundness, and trainability. However, selling horses at a profit has challenges. You need good horses to sell. It’s easy to lose money on horse sales due to injuries, training issues, or lack of buyers.
Boarding horses generates income if you have the space.
Breeding and Income
Breeding farms make money selling foals and weanlings. Their major expenses are care, feeding, and veterinary costs for breeding stock. Income varies dramatically by breed and bloodline quality – some foals sell for $500, others for over $10,000!
Diverse Revenue Streams
Multiple streams of income are key for a profitable horse farm. Offer horse boarding, trail rides, and riding lessons. Some farms grow grain and hay to feed horses.
Attracting Customers
Keep horse stables small and provide full-service boarding – feed, hoof and parasite care – to attract buyers. Extras like camping and trails help too. Most horse owners are in California, Texas, and Florida. The median income for horse households is $60,000 per year.
On average, horse farm owners make $75,000+ per year. Most have high school diplomas, some have equine management degrees. With the right location and services, horse farms can be profitable. Offer horse boarding, lessons, breeding, or buying and selling quality horses.