Does anyone have any information or suggestions about how to approach the economic feasibility of horse stables and trailriding operations in/adjacent to public parks? As fate would have it, I have three different public park projects--two in the Southeast and one in the Southwest--that vary according to the size of local/regional resident and tourist markets. A potential use that has come up in all three is horse stables for trail rides.
Aside from market considerations, what are baseline assumptions, design and financial factors that are applicable across all three projects--a business pro forma for horse operations? If anyone has some good cases or suggested resources, please share your ideas and experiences, especially if you are familiar with stables that have accommodated multiple horse-related operations, including mounted park security.
I've found some good macro impact information through the American Horse Council, national and state chapters, and a few state extension schools (e.g Penn State and NC State), but I'd like to know more about overall costs-benefits and day-to-day operational revenues and expenses.