Generally, your preferred clients are families. Again, the exact amount will vary based on the size of the zoo. This goes towards mortgage (about $1,500), electricity and utilities (about $2,000), insurance payment ($500 or so), and animal food and assorted supplies ($1,000). A good analogue would be a small farm, which might have expenses of $5,000 a month. The ongoing expense for a petting zoo varies based on its size, the size of the staff, the amount of the animals, and so on. What are the ongoing expenses for a petting zoo? It should be noted that if you have an opportunity to buy or lease an existing farm or other space to accommodate your animals, the starting costs may be much lower. The final cost to consider is the cost of the animals themselves, which varies greatly (goats alone can range between $75 to $300 per animal), and the starting salaries of your staff (which will vary based on size, but is worth budgeting at least $5,000 for). You will also need a Class “C” license from the government to exhibit animals this costs between $30 and $300 depending on how many animals you have. You will need to get liability insurance as well, which will likely be a minimum of $4,000. Similarly, if you are having to build from scratch, it can cost between $15,000 to $100,000 to create the buildings to house and display your animals. If you are trying to secure ten acres, for instance (a good size for a petting zoo), you might pay $20,000 (if it is all considered farmland), $65,000 (If it is considered undeveloped land), or over a million dollars (if it is considered developed land). The cost of opening your business can vary greatly, starting with where it is located and how big it is. What are the costs involved in opening a petting zoo? Luckily we have done a lot of this research for you. What are the startup and ongoing costs?.It will help you map out the specifics of your business and discover some unknowns. STEP 1: Plan your businessĪ clear plan is essential for success as an entrepreneur. Exploring your options? Check out other small business ideas. These steps will ensure that your new business is well planned out, registered properly and legally compliant. We have put together this simple guide to starting your petting zoo. There is more to starting a business than just registering it with the state.
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