|The RV popularity wave is quickly sweeping across the nation as more families adopt camping as a recreational activity. Despite the upheavals caused by the pandemic in 2020, RV manufacturers and sellers recorded peak sales throughout the year. As more Americans embrace RVing as a way of life, the best way to invest in property real estate may be to own a family campground.|
Record-Shattering RV Sales During the Pandemic
Almost six out of 10 households report they have one person that regularly goes camping. If you are interested in joining the leisure industry for your next investment pursuit, consider buying a campsite franchise. The numbers support the argument.
With international and domestic flights grounded and many families confined to their homes, many travelers itched to hit the road. The worry about crowded hotels and attraction sites made traveling by RVs become increasingly attractive for most households. In August 2020 alone, RV sales toppled over 39,000 units. As more Americans buy RVs, family campgrounds and RV parks are seeing a surge in numbers.
A recent report reveals that 18% of first-time RV campers intend to continue camping through 2021 and beyond. With the increased demand for campsites, you may need to invest in property campgrounds for sale.
Turn Your Hobby into a Passive Income Earner
If you have always loved the outdoors, owning a family campground franchise is an excellent way to generate additional income from an activity you love and enjoy. RV parks are among the highest-yielding investments of all real estate classes.
Once you invest in property campgrounds, you may receive returns of between 10 to 20% on your money. Other real estate markets offer an average of 8.6% return annually. With most RV parks working on a cash basis, you can significantly improve your cash flow as you enjoy your reconnection with nature. You can also bank on the growing market to cash in more money through proper marketing.
Campground Franchises Will Hold Your Hand Throughout the Process
Another reason to invest in property like campsites is the ability to have a mentor to guide you as you grow your business. Real estate franchises such as Yogi Bear’s Jellystone Park provide regular training programs to their franchisees at no cost. You can stay on top of the camping industry trends, allowing you to align your business for success.
Additionally, you can benefit from their nationwide marketing to boost the occupancy rates on your campground. With strict adherence to franchise guidelines provided, RVers can expect the same quality service across all franchise RV parks, making it more likely for them to choose your campground when in your location.
Moreover, campsite franchises can help you create and finetune your business plan. You can create a three-to-five-year projection plan that will outline your goals for the investment. Besides, you can easily secure financing from lenders through the brand name of the franchise. Franchising makes it easier to break into the leisure industry.
It’s Time to Invest
If you are looking to invest in property real estate, consider family campground franchises. You will not only expect high returns on your investment but also receive a helping hand in the rapidly expanding market. To discuss more on the benefits of owning a campground, reach out to Yogi Bear’s Jellystone Park.
You also might be interested in
The Recreation Vehicle Industry Association (RVIA) has estimated that there[...]
Investing in a campground is a profitable venture with 6[...]
Real estate investing, for some, means commercial buildings such as[...]
Bob & Beth Ryan – Mannford, OKOur family has been a franchisee for over 30 years. The support that both the franchisor and fellow franchisees offer goes above and beyond expectations.
Susan Novotny – South Haven, MIWithin 5 years, we have more than tripled our revenue. We have no regrets becoming a franchisee of Jellystone Park!
Rich & Nancy Felber – Mt. Gilead, OHAfter 5 years with the Jellystone Park franchise, we have shown a 75% revenue increase and our confidence in the future is at an all-time high!
Rick Spear – Estes Park, COWe’ve been in the Jellystone franchise system for 20 years this year. It was a family endeavor to begin with, but over those 20 years we’ve seen significant growth of our campground. In particular, just the last three years in a row we’ve been up double digits, 10-11% points three years in a row. We’ve really been coming on strong, and continue to see good grow… Read more
Daren & Lorraine Carlson – Hocking Hills, OH
The Jellystone Park brand has made a huge difference in our business. If we had 50 more sites and more cabins, they’d be filled every weekend.
Joey Coleman & Rick Coleman – Tabor City, NC
In 2001, we began a unique challenge to build a campground on our family farm 35 miles inland from Myrtle Beach. People responded to our design of large concrete pads, full hook-ups, plenty of open space, and ultimate customer service. But we soon had “growing pains” with procedures and operations.
In 2003, we joined Jellystone Park™. The operations… Read more
Erv & Marilyn Banes – Frankenmuth, MI
We decided to convert to the Jellystone Park™ system in 1996 because the market conditions were changing. Several of our colleagues had converted and grown in the process. We found that by changing our customer base to families, rather than seniors, we expanded.
The advantage of a Jellystone Park™ is that it is so much more alive than the average park. Plu… Read more
Denny Quigley & Tami Alessio – Harrisville, PA2011 was our first year as a Jellystone Park™. Since then, we have definitely noticed that we are attracting a lot more guests from a much larger radius that extends nationwide. And we are seeing more guests from Canada. Over this three year time period, our store sales have increased almost 45%! The increased business also helped to allow us to do… Read more
Theresa Isaacson – Caledonia, WI
We’re going to be entering our 13th season, and I sure would hate to own a property without being Yogi branded. The reason we really like Jellystone Parks is because of the support behind us. With 80 other parks in the system, we have 80 sources of question-and-answer type people to go to. The support is wonderful. The franchise, the LSI system itself – their … Read more
Chip Smith – Monticello, IAWe got into the Jellystone brand at the beginning of last year. This is the end of our first season. We are pretty excited about it. What I like most about the brand is the fact that they are drawing in families from three hours away. They all know what we’re there for, and they’re willing to spend a longer time at our park than just the weekend. The investme… Read more