earning potential
storybook Barn generates consistent income, but two untapped sources of potential revenue can be explored with a vision for storybook Barn and the use of Storybook Estate and the Writer’s cottage.
frequency of events at
Storybook barn
Weddings are responsible for the largest portion of annual revenue at Storybook Barn. However, several other events take place each year that contribute to the annual revenue.
Here is a breakdown of the estimated frequency and variety of events that take place at Storybook Barn.
$404,000
Est. ANNUAL NET INCOME FOR STORYBOOK BARN
WEDDINGS
Annual net Income: $300,000
75 weddings per year at $4,000 per wedding.
Proms
Annual net Income: $18,000
6 proms per year at $3,000 per prom.
nonProfit banquets
Annual net Income: $15,000
6 nonprofit events at $2,500 per banquet.
Reunions
Annual net Income: $10,000
High school and college reunions 4 times per year at $2,000 each.
Day Retreats
Annual net Income: $2,000
8-day retreats per year at $2,000 for venue rental per retreat.
Parties & Events
Annual net Income: $12,000
Holiday parties and special events 6 times per year at $2,000 each.
Farm-to-table dinner
Annual net Income: $30,000
Every second Tuesday per month at $2,500 for each dinner.
NYE Celebration
Annual net Income: $3,000
Annual rental of event venue for a private NYE Celebration once a year.
recent Clientele bookings
EXPLORING UNTAPPED EARNING POTENTIAL with
STORYBOOK ESTATE & the WRITER’S COTTAGE
The Estate
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Springfield MO offers many successful Bed & Breakfast getaways. Storybook offers a very unique experience that would stand apart by bringing an escape right out of the pages of a classic book. Local examples include Walnut St. Inn, Rader Manor, and the Mansion at Elfindale.
According to several sites including profitableventures.com, entrepreneur.com, and others, the potential gross income can fall between $140,000 and $300,000 depending on the approach to the Bed & Breakfast.
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With an events venue at the Storybook Barn, the estate offers the opportunity for wedding parties and corporate events including seminars with lodgings. With the privacy and comfort of each room having a private bath, the estate offers a perfect opportunity as an Air B&B or VRBO option.
At $100 per night for each room, with a conservative 50% occupancy annually, you are looking at a revenue of at least $100,000.
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While serving as a private reserve venue, there is an opportunity for Storybook Barn to expand its reach as a local attraction. The Ozarks holds a reputation for providing local experiences. Examples include several nearby attractions that include Bass Pro, local orchards, vineyards, and more. Storybook Barn possesses a unique atmosphere that combines beauty and history that affects all of the senses. Where Storybook Barn may be too large for small parties, the Estate could easily offer smaller room rentals for more intimate parties. The open layout also makes it a great option for intimate gatherings with a full kitchen available on each floor for separate events.
Depending on the rate and number of rental options (individual room rental vs floors), you could have additional revenue similar to the Storybook Barn.
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Residential homes are not an uncommon setting for full-service restaurants. Some local examples include Rama Thai Cafe and Gilardi’s Restaurante. According to restaurant.eatapp.com, you could look at an annual revenue upwards of $400,000.
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With the surrounding acreage, and the possibility to add an orchard or a vineyard to accompany a fine dining experience Storybook could create a very special and lucrative opportunity.
According to profitableventure.com, a micro-vineyard could offer a significant profit opportunity. Similarly, an Orchard paired with a farm-to-table restaurant creates a unique experience that impacts revenue and popularity.
With 6 rooms and 6 bathrooms, 2 full kitchens, and 2 large common areas, you’ll find many options for revenue with the Storybook Estate.
Writer’s cottage
Made available as a short-term rental for the wedding party at Storybook Barn, the Writer’s Cottage became a cozy and awe-inspiring space for many. With all the character that an original Civil War-era cottage could possess, the writer’s cottage evokes the beauty and feelings of an image pulled from a painting.
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With Writer’s Cottage located near Storybook Barn, the Barn could easily be used to host ticketed events or themed festivals. Turn the Writer’s Cottage into a Cafe and Tea Room, and you could see consistent revenue with many of the already brand-loyal clients coming back as regulars to experience a new local escape.
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With a bakery, not only does the wedding package at Storybook Barn expand to include a custom cake, but you can have a Storybook-branded bakery offering cakes, cookies, pies, and more. A great option for increasing revenue year-round.
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You can always continue to make the Writer’s Cottage available for as an Air B&B for members of the wedding party on the evening of their Wedding.
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With such a strong brand, a merchandise shop at the Writer’s Cottage is a wonderful opportunity to continue to advertise the Venue while increasing revenue with the sale of shirts, hats, civil-war era inspired custom goods, and more! Similar examples include The Mill at Finley Farms, Top of the Rock, and Bear Creek Winery.
FACEBOOK REVIEW
“This beautifully restored barn was perfect in every way. We were able to have the ceremony outside. The views were so serene and we couldn’t have asked for a more beautiful day. The reception and dinner/dancing were held inside. We were able to open up the big, beautiful barn doors on both ends of the barn. People were able to spend time inside and out. I would not hesitate to recommend this venue! It is a day I’ll never forget.”
GOOGLE REVIEW
“These pictures don't even start to show how amazing this property is in person. If I could have not left I'd be in heaven. I am so lucky to be providing bartending services here for a few weddings soon and grateful Lois took the time to show me the venue. It is an astounding sight right as you take the curve leading up to the property. The care and time put into the barn and surrounding structures is a gift to anyone able to visit or more-so lucky enough to have their big day here. I can just picture a breathtaking ceremony and the perfect gathering of family and friends. Cannot wait to be back!”
with the right brand
the POSSIBILITIES are grand
STORYBOOK
