Hilly
Member
- Location
- Scottish Borders.
OicSalesman speak for return on investment
OicSalesman speak for return on investment
Although if its paying off the value you paid for the land in 3 years, that's a pretty good turnaround isn't it?I’d say three year roi is ok im
Not
Interested in anything any longer got enough of that farming lol
Farming or glampimg ?Although if its paying off the value you paid for the land in 3 years, that's a pretty good turnaround isn't it?
Are you basing the 12month roi on 100% occupancy?
no, based on 80%, but that is optimistic, I know someone on 85% Occupancy But that’s with cabins. Even if 14 or even 18 month there is not much else going to beat it in agriculture?
Calculate the seven acres as seven acres rent , 700 a year say ? Or if it’s capable of potatoes 1400 year ?I was thinking about ROI in relation to farming and diversification while doing the stock this morning. my clamping site covers 7 acres and is tucked away behind my yard. do you include the current value of 7 acres, which would never have been sold, or do you just include the lost opportunity cost of the land? (ie what it would have earned doing something else, or which it could never do in future) realistically the glamping site could be shut and returned to its previous use in days. my site was arable land, which I converted to grazing for my livery yard, then dug a lake and landscaped for Glamping. the lake obviously can't be returned to grazing quickly!
if you just worked on ROI and included capital costs nobody would farm. with arable land at £10k/acre, I rent all mine out and get maybe £125-150/acre is a return of 1.2% I also farm poultry which is very capital cost heavy, each shed cost half a million and returns in about 8 years, I have three of those. but my fireball business has no assets, cost about 5k to set up and turns over 700-1million on an average year and runs a very healthy profit margin, I don't even know how to calculate that as its success is based on my artistic and more importantly marketing skills, and not a physical asset? is any business that does not get at least 50% ROI bad?
I think maybe a mixed portfolio of businesses with varying ROI and more importantly varying calls on your time as the person running the business. I do little in my arable, poultry, horses, storage and rented units businesses, but spend an extortionate amount of time on my Firepit business! is there a calculation that expresses time and investment?!
sorry for the ramble, but its made me think this morning!
Calculate the seven acres as seven acres rent , 700 a year say ? Or if it’s capable of potatoes 1400 year ?
I think planners will also ask what happens once you have filled your vaccy tank...
Ours does www.littleotchan.co.ukI’ve never been to one , what do they do for toilets ?
Good that !Ours does www.littleotchan.co.uk
I’ve never been to one , what do they do for toilets ?
You seem quite knowledgable are you heavily involved in the industry ?You would be surprised at the range of options these days. Most upmarket structures still go for the 'outdoor experience' but many are private and not communal now, which is good. Especially this year!!
You seem quite knowledgable are you heavily involved in the industry ?
Good to know a good source of information then !Yes, QU is a glamping agency, going into our 10th year. Also have about 60 years on the cottage side too.
A blessing and a curse! But if you do ever need any advice, happy to help. Glamping is changing all the time.Good to know a good source of information then !