|Have you ever thought of getting into the camping industry? As an investor, one of the most important things to figure out is how to get a good return on your investments. Buying a campground franchise is one way to do that. With a franchise, you’ll get a consistent flow of cash while being involved in the exciting recreational industry.|
If you check out the statistics, you’ll find out that in the United States alone, approximately 12,000 businesses are linked to camping and RVs. These businesses generate no less than $37.5 billion per year. From these numbers, it is apparent that getting a piece of this industry is a good idea.
Here are some reasons to consider buying a campground franchise.
Big Business NetworksBuying a campground franchise allows you to benefit from an extensive network of businesses. For instance, a lot of campground franchises have numerous sites all over the United States. As a result, anyone who has visited any of their campgrounds before and had a good time will readily come to your own place as well. The moment you open your business, you will have customers waiting for you already. This makes the job of marketing quite easy.
Higher Success RatesBuying a franchise will enable you to enjoy a higher rate of success compared to someone who establishes their own independent business from scratch. The only thing you have to do when you get a campground franchise is to provide excellent service. The market is already there, as about six out of 10 U.S. households have had someone who has gone camping. Additionally, you can leverage a popular brand — which means customers will already trust that you provide excellent services. If you deliver high-quality services to your customers, nothing will stop you from succeeding.
Easier Funding AcquisitionEstablishing your own campground requires substantial resources. If you have tried it before, then this is not news to you. Securing enough capital can be an enormous challenge. Fortunately, when you are buying a campground franchise, getting money from lenders will not be an arduous task. Lenders become a lot more inclined to deal with you because of your association with a big brand. When you establish yourself as an independent party, it’s difficult to trust that you will make enough profits to return the money you would have borrowed. Apart from lenders trusting your affiliation with a big brand, the franchise owner can also help you secure capital. That, however, depends on your agreement, therefore it is not always guaranteed.
There’s no doubt that starting a campground is profitable. However, it is a bit difficult to go at it on your own. Buying a franchise is like using a tried-and-tested formula, which means there is a greater chance of success. To learn more about obtaining your own campground franchise, contact us today.
You also might be interested in
If you want to get into real estate investing, there[...]
If you are interested in entering the leisure industry in[...]
This summer, Canada will be celebrating a very special birthday.[...]
Ray Aljets – Sioux Falls, SDThree generations of my family have operated our Jellystone Park location and I can say with the utmost confidence that the Jellystone Park system has had a dramatic impact on our bottom line. Opportunities to increase guest satisfaction and revenue are everywhere and the creativity of those in the Jellystone Park system keep me on the leading edge of both the family … Read more
Sean Vidrine – owner of four Jellystone Park locationsWe have seen 15% growth year over year. Our retail sales are up 50% and our occupancy is up as well. Seeing our guests’ faces light up when the characters are out is priceless.
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.
Jessica & Mickey Spak – Chautauqua County, NYI love the support from the franchise. I would tell any prospect looking at converting or building a Jellystone Park, that it’s the single best business decision you can make.
Susan Novotny – South Haven, MIWithin 5 years, we have more than tripled our revenue. We have no regrets becoming a franchisee of Jellystone Park!
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.
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. I don’t think we’ve ever had a down year. We just continue to grow. The reason we really like Jellystone Parks is because of the support behind us. With other parks in the system, we have 75+ sources of question-and-answer type people to go to. The suppo… Read more