Quote Originally Posted by FinallyGreen View Post
I am thinking I want to lease our taps at some price per tap which is tied to the bulk price of syrup so that each year the tap price will get adjusted depending upon the bulk price of syrup. This way, the tap lessee pays something less if the price of bulk syrup goes down and I get a bit more when the price goes up.
That's an interesting idea. Does your lessee tell you how much sap they get? How much syrup they get and what grade it is? I'm not trying to be a jerk, but if I were leasing I wouldn't especially in the first few years if I bought the supplies. One of the draws to leasing is knowing the cost upfront and paying upfront per tap and the land lord gets paid upfront as well. Now if you have all the lines run then I guess the lease price changes, but I wouldn't want to pay you more based on syrup prices at the end of the season. Just my opinion.