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Thread: 27,500 Taps for lease

  1. #21
    Join Date
    Nov 2006
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    South Lincoln,vermont
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    1,802

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    And that isn't even considering taxes on said property
    Quote Originally Posted by n8hutch View Post
    Unless you have family land Its a pretty easy argument to lease vs own the land.
    Mortgage payments on that land if you payed 1,000,000.00$ for it. Which timberland in this area is easily worth 1200 to 1500$ an acre or more is about 65,000.00$ a year.
    If you leased those taps, say 30,000.00@ 1.25$ per tap ,your lease would be 37,500.00$

    So when calculating your operating cost for the year you would have 27,500.00$ in your pocket just by leasing vs purchasing the property.
    Over the period of 30 years you would save 825,000.00$
    Now I don't know about the different tax breaks leasing vs owning but I think this show that a lease should definitely be considered.

    Weather or not you could make enough money for the investment you would have to make at 2.40-2.50$ a pound is the real question.
    Success is not final,failure is not fatal.It is courage to continue that really counts

    “I have not failed. I’ve just found 10,000 ways that won’t work.”

    – Thomas Edison

  2. #22
    Join Date
    May 2011
    Location
    Chatham NH
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    In case anyone is still curious I understand that they received Multiple Bids for this lease. I guess they haven't decided yet who they are going to go with. Hopefully A local Sugar maker gets it.
    Nate Hutchins
    Nate & Kate's Maple
    2022 1000 taps?
    3x10 Intensofire
    20x36 sugarhouse
    CDL 600gph RO
    A wife and 2 kids.

  3. #23
    Join Date
    Aug 2006
    Location
    Andover NH
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    i would think Dave Fuller would be very interested...
    Eric Johnson
    Tucker Mountain Maple Co-op
    1400 taps in 2013
    2.5 x 8 CDL pellet arch and Smokey Lake pans
    Lapierre 600 RO
    Member of Andover/Salisbury Maplehaulics anonymous
    www.tuckermtn.com
    pALS

  4. #24
    Join Date
    May 2011
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    Chatham NH
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    I think Dave was one of the bidders, and A company from NY. Depending on how you read the original post it sounds like there could be potential for 65-70000 taps. That would be something.
    Nate Hutchins
    Nate & Kate's Maple
    2022 1000 taps?
    3x10 Intensofire
    20x36 sugarhouse
    CDL 600gph RO
    A wife and 2 kids.

  5. #25
    Join Date
    Jul 2010
    Location
    White Mts NH
    Posts
    181

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    So our friend from Lancaster got the bid, even though the company from NY was willing to pre pay 5 years of rent

  6. #26
    Join Date
    May 2011
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    Chatham NH
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    Hard to Find Fault with that. You know with Fuller's the Money will stay Local. They Run a Nice operation
    Nate Hutchins
    Nate & Kate's Maple
    2022 1000 taps?
    3x10 Intensofire
    20x36 sugarhouse
    CDL 600gph RO
    A wife and 2 kids.

  7. #27
    Join Date
    Apr 2006
    Location
    Sunapee, NH
    Posts
    330

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    I wonder if the NY company was Crown Maple? They are trucking concentrated sap from Manchester VT to their processing facility 100 miles north of NYC.
    Leader 3x8 Patriot raised flue
    800 taps on vacuum
    100 buckets around the yard
    A lot of help to make it fun

  8. #28
    Join Date
    Jul 2010
    Location
    White Mts NH
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    181

  9. #29
    Join Date
    Mar 2012
    Location
    Berlin,NH
    Posts
    133

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    Supposedly the 27,000ish number is just for current stocking as well, that number is expected to double within a short amount of time as trees grow into tapable diameters. Gunna be a big project!Glad they kept it local..I'm tapping right next door in Gorham with a .60 cent lease rate, which is 2 cents more than what Division of Forest and Lands told me their current lease rate is. They also said they are expecting the state rate to increase within the next few years.
    Last edited by derekp; 12-07-2015 at 12:40 PM.
    http://Www.patryssugarhouse.com
    http://www.facebook.com/PatrysSugarhouse

    2x6 WSE Arch- Custom AOF/AUF with Smoky Lake HO SSR Drop Flue Pan Set
    Smoky Lake Flat Filter Finisher
    Leader Single Cone Canner
    300ish taps for 2016

  10. #30
    Join Date
    Apr 2006
    Location
    Sunapee, NH
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    330

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    I am so happy to hear a local company got the lease. Congratulations to the Fullers. Nice job by the commission choosing the right option for the community. NH trees, NH people, NH jobs and NH syrup.
    Leader 3x8 Patriot raised flue
    800 taps on vacuum
    100 buckets around the yard
    A lot of help to make it fun

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