That $470/cd figure is a retail price, which you will never see. When I worked in a retail store, way back when, mark up was generally 2-3 times, depending on the type of store. So, that reduces your price to $160-$235. Still a respectable number.
Around my parts, they are getting about $100/cd for cut, split, and dumped. Now you must be able to market, bundle and deliver 1 cord of wood for $60-135/cd. Delivery will be different, since you can't just dump bundled wood.
I've seen those bundling machines, and I forget how much they cost. Most are now including some sort of handle to carry the wood. You have to figure how long it will cost to bundle it and how soon you can pay off your equipment. Anything over 2 years is usually not considered cost effective.
What you really ought to have is an edge, where you can charge just a little more for a little less input. I always wondered why nobody has tried to market holiday logs.
Most people who buy bundled wood are looking for a 1 night fire and usually in a fireplace. Holiday logs are treated with different chemicals to give different color of flames. I know copper will give a green flame, for example. Might be an interesting marketing angle. Just remember to cut me in on the royalties.
