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ND fishing lodge. Profit or bust?
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<blockquote data-quote="eyexer" data-source="post: 103960" data-attributes="member: 315"><p>I guess a guy has to do the math. If it was possible to find land close to sak., which it probably isn't even a possibility, you would have at a minimum of a million bucks put into something that would even attract anybody. That facility would only function about six months of the year. You would have to clear in excess of 100K per year on a 20 year mortgage just to keep the doors open. That doesn't include any wages, monthly costs associated with the facility being open, property taxes (which would choke a horse), etc. So it's highly unlikely this would be a profitable venture. And that's the very reason you don't many.</p></blockquote><p></p>
[QUOTE="eyexer, post: 103960, member: 315"] I guess a guy has to do the math. If it was possible to find land close to sak., which it probably isn't even a possibility, you would have at a minimum of a million bucks put into something that would even attract anybody. That facility would only function about six months of the year. You would have to clear in excess of 100K per year on a 20 year mortgage just to keep the doors open. That doesn't include any wages, monthly costs associated with the facility being open, property taxes (which would choke a horse), etc. So it's highly unlikely this would be a profitable venture. And that's the very reason you don't many. [/QUOTE]
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