10 iDEAS HOW TO MAKE A SUCCESSFUL GLAMPING BUSINESS
I've been thinking a lot about this space lately. I've never been camping ever. But the numbers have been almost too good to be true. Robyn and I looked at a campground this weekend and got lots of great advice. This is what I would put on a campground ,
Idea #10 on this list crunches some of the numbers and discusses how to find a campground.
Idea #11 on this list is what the NotePD AI suggests.
Idea #10 on this list crunches some of the numbers and discusses how to find a campground.
Idea #11 on this list is what the NotePD AI suggests.
1. Bell tents
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2. Geodomes
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3. Tentsites (but no tent)
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4. Tree houses
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5. Events
6. Trails
7. Horse trails
8. Kid stuff
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9. RVs
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10. How to find campgrounds for sale.
$612,000 for 63+ acres. Assume you put about $120k down to buy the site. What do you get for it? 100+ RV sites.
So let's say you can rent out those RV sites for the worst case price of $40 night. Peak season is almost 200 nights. That would be $800,000 in one year's time.
Assume campground expenses of $200k/year, mortgage is about $3000/ year. You're making $400k profit per year on an initial investment of $120 k.
And that's the WORST case. Imagine if you could charge more than $40k. Also, there is room for about 100 seasonal guests (people who bring their tent) . That costs you nothing and you can charge another $40 a night for those people. If you had 100 tent sites, you'd double your revenues. So $1.6mm a year.
I'm not sure where I am wrong on the numbers. Even assume you rent out only half the days of peak season (unlikely) there's also non-peak season and I am assuming worst case prices and the profit is still significant.
https://thecampgroundconnection.com/parks/?region=All&rvSites=any&acres=40-99&priceRange=All&sortByPrice=1&file_number=All
11. What NotePD AI suggests
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