You may not likely consider the profitability of a campground when choosing a business investment, but it is a very popular family vacation choice. Depending on the type and location of campground you open, it requires much lower cost than a majority of other businesses with incredible potential for the clientele you will be able to attract.
There are Many Campers Available
Research into the best location for a campground may take some time, but this is also an inexpensive investment in the long run. Some camping locations may include an RV park or other camping resort, but any of these have great potential for ROI. Additionally, data shows that camping is a very popular form of vacation for couples and families. Over 60% of campers at least 16 years old are married or living with a partner. Most campers find the need for a “kid-friendly” campground, showing how many of these families have their children with them.
There are also American that calculate the lifetime inclusion of camping in the family vacation plan. One large poll concluded that over 60% of American homes interviewed had been camping at least once. Additionally, about half of those who do camp state that they travel under 100 miles from home for a trip. From all of this data combined, there is a great deal of market research available to support the profitability of a campground as a business.
Purchase a Campsite Business
As with any other business investment, there is research that needs to be done about the type of campsite franchise or another park to purchase. Luckily, there are a number of different options that exist within the camping industry that provide these same investment benefits and more. Some of the steps you can take for purchasing one of these parks include:
- Reits investments
- RV campgrounds for sale
- Real estate investing
- Park campgrounds for sale
- Invest in an RV park
- Invest in real estate
- Family campgrounds
- Camping resorts for sale
With these being only some of the camping franchises that are available for sale, there are many directions that can be taken with investment in camping, rentable resorts, and other types of parks where families like to visit. You can find a business or property where visitors camp, park their RV’s or rent rooms in a camping resort where there may be cabins included in a slightly more expensive and luxurious option. You will want to choose a location close to some of those frequent campers who don’t travel any more than 100 miles from home, keep it “kid-friendly,” and offer the final piece of the puzzle: free WiFi.