Friday, January 01, 2010

New Farm, Again

A new farm to look at. This is the farm we went to look at yesterday, December 31, 2009. It is the perfect farm, the barns are in good shape, and could be put back into milking very quickly. The house is not much to look at inside, but it appears to have good bones to work with. It is the location that is a little out of the way, but that can have its advantages too. The area is mostly farms, although there are some houses and even some new houses, hopefully not to many more, at least not right next to us. There is additional land available I hope we can get before it is sold to some developer who thinks they can build ridiculous homes next door to our farm, and sell them to city people. We may have to consider the creamery right away, as it may be to far off the route for the milk truck. Oh well, I will look at a couple of other places maybe, but this one seems promising, but I have to come up with some cash, that is certain. The broker Christmas and Associates offers their own financing, as long as we can provide about 20% down, but that even will be difficult. I need a partner who is willing to put up some cash. I need to modify the business plan, but first I need to do the math again, and do some market research to determine our marketability from that location. I think we are closer to the Adirondacks than to Syracuse to be perfectly honest. Lots of work to do, will have to post more later.