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    Re: Sideliner Profitability Study

    If I had a market like that, I'd be golden.

    Tough to get by at $7 retail, $3 wholesale in a state that has an average per hive production of 36 pounds.
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    Re: Sideliner Profitability Study

    But finding someone that is willing to be paid less than the minimum wage and overtime pay provisions of the FLSA on an as needed basis, seasonally, while getting stung may be a different story.
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    Re: Sideliner Profitability Study

    No doubt.

    I'm not doing this study to figure out how much it would cost me to purchase 450 colonies and turn it around for a profit. I'm doing this study to determine if when I reach "critical...
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    Re: Sideliner Profitability Study

    Not all 25 have been run for honey in years past. Some were used to create nucs (repeatedly), some used to populate/maintain mating nucs, others used as cell builders/finishers/drone colonies. I...
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    Re: Sideliner Profitability Study

    Minimum wage is significantly less in NC. Set at the minimum fed rate of $7.25 per hour. States can vary it, but the highest state right now is Washington at $9.32. There is no minimum hire period...
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    Re: Sideliner Profitability Study

    I would agree based on the 50-60 hive range. My 6 frame extractor won't take me very far with that many hives. A larger extractor alone would probably get me through it.

    But the goal isn't to...
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    Re: Sideliner Profitability Study

    My goal isn't to borrow anything. Unless it comes down to land or buildings. I don't have the $100k+ cash to drop on some acreage. That would have to involve a loan. But the rest of it I'm not...
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    Re: Sideliner Profitability Study

    I've started finding other outyards for next year. Currently have 3 more lined up. That should put me in a good position for between 50-60 hives. But at 50-60 hives, I think my 6 frame extractor and...
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    Re: Sideliner Profitability Study

    I currently have a 10'x18' storage shed that works well for storage of equipment and an extractor. I'm in the middle of building a 16'x16' storage building to use as a woodworking shop, and part may...
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    Re: Sideliner Profitability Study

    Something I was concerned about. Thanks for the honesty.
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    Re: Sideliner Profitability Study

    25 as of last count. I don't know how many are still alive as of now.

    Unfortunately I didn't operate the bees as an independent business in years past, so I don't have P&L's or averages to work...
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    Re: Sideliner Profitability Study

    Not bad!

    I'm estimating between $179-261 per hive for expenses, depending on whether or not I need a dedicated building (mortgage), and depending on the number of hives (economies of scale and...
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    Re: Sideliner Profitability Study

    Wise suggestion.



    True, but some colonies may not produce a nuc, others may produce 2 or 3.



    Actually, quite the opposite. I'm having a hard time showing I can break even based on my...
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    Re: Sideliner Profitability Study

    I have an issue with asking question 1 and receiving an answer to an unasked question.

    If I asked you how to change the brakes on my car, I wouldn't expect for you to tell me to drive the car...
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    Re: Sideliner Profitability Study

    I don't think it's unreasonable at all to ask very specific questions in on averages, estimates, and numbers in helping me to create my own budget, proforma and estimates on growth.

    If you aren't...
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    Re: Sideliner Profitability Study

    National average is roughly half that. 56.6 pounds per hive in 2013, to be more precise.
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    Re: Sideliner Profitability Study

    If you went into pollination contracts, I would agree with you. Based on honey production I don't think so. I've run the numbers.
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    Re: Sideliner Profitability Study

    I'm not planning on making splits on March 1. Sometime between March 1 and March 30th. The sooner the better. But, that's the time everyone around here makes splits anyway. I'm not worried about...
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    Re: Sideliner Profitability Study

    Hopefully I can find out one of my assumptions is off. Right now the numbers aren't looking too good . . . .
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    Re: Sideliner Profitability Study

    I think the true question is whether bees are your sole source of income, or if it's a supplemental source of income.

    To me, I believe 500 hives is something I can use to supplement my current...
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    Re: Sideliner Profitability Study

    Yes and no.

    Overall, I'm doing it based on three hive number bench-marks: 100, 250 and 500 hives. It assumes that I have this bench-mark number of hives starting on January 1, that in January and...
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    Re: Best State to Be a Commercial Beekeeper

    Usually almonds cover most of their expenses for the year. Their profits come from other pollination contracts, honey, nuc production, package production, you name it.
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    Re: Best State to Be a Commercial Beekeeper

    Makes sense. I didn't think CA was the state where all the money was, just didn't think it would rank 2nd to last.
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    Re: Sideliner Profitability Study

    Well then, I guess the better question is how many, in percentage form, of the hives you finish with in year one are able to produce honey from in year two?

    Example-
    Say I start off with 100...
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    Re: Best State to Be a Commercial Beekeeper

    I would have expected Maine to have a higher per hive average.

    Also surprising to see CA's overall statewide per hive average is 2nd lowest.
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