Anyone out there own a feed store?

[cmfarm]

We are considering opening up a feed store in a small rural town in Central Texas. I was wondering if anyone that owns a feed store has any tips for me. Thanks!

 

[hemet dennis]

Have you ever had a business ? If not go to the small business administration they'll have a lot of free information. They can even get you with some retired business people that will help you out.

Good luck

 

[cmfarm]

We know some people that own small businesses so we do know about licensing and all that. We have a location and and the means to lease a building to put on the property. Just need more info about feeds stores. We have also considered other businesses in this location, like a tire and mechanic shop.

 

[Peaches Lee]

Feed stores are tough. There is not a lot of profit from feed, and with the grain producing states being hit hard with bad weather this year, I can see it being even more of a challenge to make a profit. I would love to open a feed store as I have the knowledge (compared to the places that are not feed stores but sell feed) a great location, plus I love farming. I have spoken with two feed store operations and the feed just brings the people in, and hopefully, they will get a sale on something else. Feed has gone up $3.00 here, one bag of layer costs me $15.00 plus tax. Good luck to you, maybe you could contact a feed rep and hear their story, experience or ideas.