Partner Up Program

Meadow Brook Stables is excited to offer our Partner Up Program – this is an ownership model where instead of buying 100% of the horse, you are able to purchase fractional interests, or smaller percentages, of the horse.

Meadow Brook Stables would be the Partnership Manager for all horses residing on Property and will be responsible for all of the day to day decisions, and management, of the horse. We will provide updates for the owners in a timely manner, and assist in arranging visits.

Partnership on a horse with another like-minded person can be a fulfilling and productive investment. It can enable people to realise their dream of owning their own horse when they might not otherwise be able to.

Often, horse owners want to be involved in a horse’s career but lack the skill or time to dedicate to training and competing.

The key to successful Partnership is to ensure both parties are on the same page from the start. We screen all potential Partners and look for the right fit. So even though you may get declined for one horse, there is the possibility of you being a better fit for another horse that may come available.

Partnership can be divided many different ways. For simplicity the following scenarios would be if a 50:50 split was agreed upon.

If the horse is already owned by Meadow Brook Stables then a value is placed on that horse.

1. Buying In – The Partner would pay 50% of the horses assessed market value then all costs from there on would be split 50:50 between partners.
2. Covering Expenses – The Partner would take over all costs or a portion of costs until the initial investment matches the horses assessed market value. Then all future costs would be split 50:50 between partners.

Current Available Horses:

If the horse is to be purchased as a Partnership:

1. Splitting Purchase – Meadow Brook Stables would pay 50% of the Purchase Price and the Partner would pay 50% of the horses Purchase Price then all costs from there on would be split 50:50 between partners.
2. Covering Expenses – Meadow Brook Stables would cover the total Purchase Price and the Partner would take over all costs or a portion of costs until the initial investment matches the horses purchase price. Then all future costs would be split 50:50 between partners.
3. Covering Purchase Price – The Partner would cover the total Purchase Price and Meadow Brook Stables would take over all costs or a portion of costs until the initial investment matches the horses purchase price. Then all future costs would be split 50:50 between partners.

Possible Partnerships Meadow Brook Stables is interested in would be Reining Bred Broodmares with NRHA LTE to be added to the Breeding Program with the goal to sell foals each year as Reining Prospects.

All horses are fully insured and have medical plus surgical coverage. This way the investment is protected.

Cost Breakdown:

This is a sample scenario. Horse currently owned by MBS and resides at MBS. Fair Market Value $15,000. 50% Buy in would be $7500. Monthly bills would be split after this point 50:50.

Expected Monthly Bills:

• Board $375/month ($187.50)
• Hay $125-$200/month depending on hay being fed 1st vs 2nd cut ($62.50-$100/month)
• Grain $100-200/month depending on nutritional needs and body condition ($50-$100/month)
• Farrier $25.00/month until 1 Year ($12.50/partner) $50.00/month after a year ($25.00/partner)
• Dewormer $10.00/month until 1 Year ($5.00/partner), $15.00-$20.00 every 3 months ($7.50-$10.00)
• Training $500/month ($250.00/partner)

Annual Bills:

• Vaccines $100/year
• Dental $300/year once 3 years old
• Insurance 4% of current market value – value increases each year with training

Other costs that might come up would be unexpected Vet Calls (for injury or illness), Additional Supplements, Additional Farrier costs (when shod).

Please let us know if you have any questions.