Budget For Year 3, for 15-Acre Crapemyrtle Above-Ground Container Nursery,
with 10-Acre Production Area, Climate Zones 8 and 9, 2000
Item Description Unit Cost/Unit Number Dollars
Per 1000 Plants
Gross Receipts $25.00 1000 $25,000.00
Year 3, 10 gallon
Containers 10 gal 0.05085 cu. Yd. $3.21 1000 $3,210.00
Bark pine Cu. Yd $15.00 50.85 $762.75
Sand fill Ton $6.50 0.88 $5.72
Lime Dolomitic 50lb $2.60 1.02 $2.65
Micronutrients Micromax 50lb $49.50 1.58 $78.21
Osmocote 17-7-12 50lb $48.50 6.13 $297.31
Fertilizer
Osmocote 17-7-12 50 lb $48.50 1.75 $84.88
Chemicals
Cleary's 336-f fungicide 2.5 gal $415.00 0.087 $36.11
Round-up Pro 25 herbicide 2.5 gal $143.00 0.18 $25.74
Snapshot 2.5 TG herbicide 50 lb $71.75 1.31 $93.99
Malathion insecticide pint $4.24 13.13 $55.67
Orthene insecticide lb $13.00 1.75 $22.75
Talstar G. insecticide 50 lb $44.00 5.07 $223.08
Spreader sticker   gal $26.00 0.35 $9.10
Overwintering
Plastic   sq ft $0.02 2250 $45.00
Machinery and Equipment
Tractor 60hp w/loader hr $16.62 21 $349.02
Tractor 30hp hr $5.51 3.06 $16.86
Sprayer air blast hr $19.37 1.75 $33.90
Farm wagon 4 wheel hr $0.40 7 $2.80
Irrigation system   hr $0.30 26.6 $7.98
Cyclone spreader hand hr $0.04 0.61 $0.02
Hand tools misc hr $0.12 7 $0.84
Conveyer electric hr $0.79 1.58 $1.25
Truck 2 ton hr $8.19 4.81 $39.39
Mower pto hr $1.67 3.94 $6.58
Truck pickup hr $3.27 3.94 $12.88
Stakes 5/8x20, rebar each $3.51 142.81 $501.26
Additional Labor
Labor $7.50 133 $997.50
subtotal $6,923.24
Variable Costs Year 2 $2,722.13
Total Variable Costs $9,645.37
 
Fixed Costs - Year 3
Item Description Depreciation Interest Insurance/Tax Total
Land Taxes     $225.00 $225.00
  interest, 9%   $4,050.00   $4,050.00
  improvements   $12,074.51   $12,074.51
Subtotal $16,124.51 $225.00 $16,349.51
Buildings
Office 20x20ft $720.00 $792.00 $132.00 $1,644.00
Machinery storage 30x40ft $648.00 $712.80 $118.80 $1,479.60
Supply storage 30x40ft $1,080.00 $1,188.00 $198.00 $2,466.00
Concrete slab 30x55x.33ft $68.35 $75.19 $12.53 $156.07
Greenhouses
Propagation
30x96ft $279.00 $306.90 $51.15 $637.05
subtotal $2,795.35 $3,074.89 $512.48 $6,382.72
 
Machinery and equipment
Tractor with loader 60hp $2,313.00 $1,272.15 $212.03 $3,797.18
Tractor 30hp $1,080.00 $594.00 $99.00 $1,773.00
Sprayer, 10' boom 100 gal $78.30 $43.07 $7.18 $128.55
Farm Trailers 4 wheel $720.00 $396.00 $66.00 $1,182.00
Air blast sprayer 300 gal/pto $784.28 $301.95 $50.32 $1,136.55
Blade 3 point hitch $45.00 $24.75 $4.12 $73.87
Mist System low pressure $116.45 $32.02 $5.33 $153.80
Irrigation system pump, well $819.62 $1,442.52 $240.42 $2,502.56
Sprayer, small solo backpack $15.42 $4.24 $0.71 $20.37
Cyclone seeder hand operated $10.35 $2.28 $0.37 $13.00
Hand tools misc $181.17 $99.64 $16.60 $297.41
Conveyer electric $227.70 $62.61 $10.43 $300.74
Truck 1/2 ton $1,530.00 $841.50 $140.25 $2,511.75
Rotary mower 5 ft $450.00 $123.75 $20.62 $594.37
Pickup 2 ton $2,700.00 $1,485.00 $247.50 $4,432.50
subtotal $11,071.29 $6,725.48 $1,120.88 $18,917.65
 
Electricity $1,725.00
Telephone $1,380.00
General Maintainence $2,875.00
License and Bonds $287.50
Advertising $1,500.00
Insurance $13,403.25
Travel $1,500.00
Operator's Salary $27,646.00
Supervisor's Salary $22,116.80
Records-Secretary $16,587.00
Interest on 1/2 avg. overhead $5,078.40
subtotal $94,098.95
TOTAL Fixed Costs $136,526.49
 
Fixed Costs Year 2 $777.66
Total Fixed Costs per 1000 10-gallon Plants $4,233.38
 
Total Fixed Cost for Year 3 $5,011.04
Total Cost Year 3 $14,656.41
 
Net Profit $10,343.59

Last Updated on 5/14/01