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Charleston Carriage Company offers guided horse-drawn carriage rides through historic Charleston, South Carolina. The carriage business is highly regulated by the city. The fare for

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Charleston Carriage Company offers guided horse-drawn carriage rides through historic Charleston, South Carolina. The carriage business is highly regulated by the city. The fare for all passengers is $19.50 Charleston Carriage has the following monthly operating costs: Fee paid to the city of Charleston Cost of souvenir set of postcards given to each passenger Monthly cost of leasing and boarding the horses Carriage drivers (tour guides) are paid on a per-passenger basis Monthly payroll costs of non tour guide employees Marketing, web-site, telephone, and other monthly fixed costs 17% of ticket revenue $0.40 per set $43,000 $3.20 per passenger $8,500 $7,000 In addition to these costs, Charleston Carriage pays a brokerage fee of S .9 per ticket sold by brokers on average, 70% of tickets are issued through these brokers 3 are sod directly, y Charie to Car age Charleston Carriage has several questions about its monthly revenues, costs, and profits in 2018

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