The plan is to purchase a 35 acre existing equestrian riding/boarding stable in Langley, B.C. and to expand and add educational and therapeutic programs. We’ll also open a bed and breakfast and have farm tours.
The property can be seen here: http://www.mikegrahame.com/Properties.php/Details/416
The initial intention is to have the practical portions of equine science classes at the farm. It will also be Canada's first hippo therapy training center. International students will be housed in a future 'international village'. The main house will become a bed and breakfast. The existing stables will house 38 horses, 10 of which will be used for the school. All the Olympic equestrian disciplines will be offered. Most of the revenue will be from lessons and boarding. There is also a tack and gift shop/bistro to be added.
Eventually, the equestrian arts will join with culinary, music, performing and visual arts to culminate in a seasonal dinner theater.
$3.5 million required to purchase the property. Future upgrades and financing will be supported by profit and grants, as a non-profit high school will hold a contract of services.
To be paid back, as a conventional loan/mortgage @ 4% in monthly payments for a period of 5-10 years. Other options including partnerships are also available.
The Fraser Valley is B.C.'s most horse populated area. Currently, there are high school credits granted to students already enlisted in riding programs. The company aims to enlist multiple high schools to have equine science as an elective. The company also will be opening Canada's first hippo therapy training center. This will allow courses and internships for occupational, speech, and physical therapists, as well as psychologists.
Direct competitors specialize in specific equestrian disciplines. This farm will offer all the Olympic disciplines. Direct competitors attract local clientele, whereas this farm would have programs geared to international students. This farm intends to set precedence in unparalleled quality and delivery of services.
The money is made via daily operations of a riding/boarding stable. Lessons and boarding will make a bulk of the finances. Tuition fees, lodging, tack sales, and grants will also add to the profit.
The $3.5 million will be used to acquire the real estate. The listing price is $3.5 million. The property has location features (close to airports, and 2 U.S. border crossings. It is also close to a 1000 acre park with riding trails. There are expansion phases, including the construction of a larger indoor arena and classrooms. It is anticipated that these costs will be covered with grants.
This can be as simple or complex as it need be to close the deal. A silent investor is suitable, unless they are savvy in the chosen markets (Education, agri-tourism, equestrian arts, etc.). Ideally, the full purchase price ($3.5 million) can be borrowed and paid back, as a loan/mortgage at no more than 4% for a minimum period of 5 years. This would grant the company enough time to establish requisite programs and build up equity in the farm. Another option would be a soft loan of 15% of the purchase price (to be used a s a down payment) for a return of 30% of the company. All offers will be considered.