Search Results

Are you a proud owner of an RV and cabin resort, eager to enhance your guests' experience with a meticulously crafted map? Well, you're in the right place! Creating an RV park map that is not only informative but also visually appealing can significantly elevate your guests' experience and leave a lasting impression. In this blog post, we've gathered insights and tips based on the experiences of fellow RV park owners, shared in a recent Facebook discussion. Let's dive in! Why a Map is Essential for Your RV & Cabin Resort: A well-designed map is not just a visual aid; it's an essential tool that enhances the overall guest experience at your RV & cabin resort. Here's why having a detailed and thoughtfully crafted map is crucial: Guest Orientation: Many visitors are unfamiliar with the layout of your resort. A map helps them navigate the grounds with ease, ensuring they can find their way to amenities, accommodations, and recreational areas without confusion. Safety and Emergency Response: In the event of an emergency, a map is invaluable. Guests and staff can quickly identify emergency exits, first aid stations, and assembly points, ensuring everyone's safety. Improved Guest Satisfaction: Providing a map shows that you care about your guests' experience. When visitors can efficiently locate facilities, they're more likely to be satisfied with their stay, leading to positive reviews and return visits. Effective Marketing: An attractive map can be a marketing tool in itself. When shared online or in promotional materials, it gives potential guests a glimpse of the amenities your resort offers, enticing them to book their stay. Enhanced Communication: A map acts as a common reference point. When guests ask for directions or recommendations, your staff can easily guide them based on the map, ensuring consistent and accurate information. Additional Tips for Crafting Your RV & Cabin Resort Map: Incorporate Local Attractions: If your resort is close to local attractions, include them on your map. Guests often appreciate knowing about nearby points of interest, encouraging them to explore the area. Utilize Color Coding: Use colors strategically to differentiate between various facilities and areas. For instance, restrooms could be one color, RV sites another, and recreational areas a different shade. This makes the map visually appealing and easy to interpret. Include Clear Legends and Symbols: Ensure that all symbols and legends used on the map are explained clearly. Guests should be able to understand the map without confusion, so use universally recognizable symbols where possible. Consider Accessibility: If your resort caters to guests with disabilities, ensure that the map indicates accessible pathways, restrooms, and facilities. This demonstrates your commitment to inclusivity. Regular Updates and Feedback: Periodically update your map to reflect any changes in the resort layout. Additionally, encourage guest feedback regarding the map's usefulness. Their insights can help you refine the map for future guests. Crafting Your RV & Cabin Resort Map: Tools and Techniques A vector map is the foundation of your RV & cabin resort map. Thanks to the input from our Facebook community, we know that services like Canva offer user-friendly tools to design vector maps. This format ensures your map retains its quality and clarity, regardless of how much you zoom in. Want to take your map to the next level? Consider incorporating a 360 interactive map. Imagine your guests being able to virtually explore your resort grounds before they even arrive! This immersive experience not only adds a modern touch to your park but also provides invaluable information to your visitors. If you prefer a professional touch, you can opt for services like The Map Squad or Fiverr. As shared by one of our Facebook community members, working directly with talented designers through platforms like Fiverr can result in outstanding maps tailored to your specifications. Many freelancers offer reasonable prices and quick turnaround times, ensuring you get a map that matches your vision. Feeling adventurous and want to tackle the map-making process yourself? Our Facebook community members suggested Photopea, a free program that allows you to edit and design images, including maps. While it might require a bit of patience and effort, it's a cost-effective option for owners with a creative streak. Important Tips for Your RV & Cabin Resort Map: Clarity is Key: Ensure that all labels, symbols, and directions on your map are clear and easy to read. Highlight Key Areas: Identify essential facilities such as restrooms, picnic areas, cabins, and RV sites prominently on the map. Regular Updates: If your resort undergoes changes or expansions, make sure to update the map accordingly to avoid confusion among your guests. By incorporating these tips and understanding the significance of a well-designed map, you can create a valuable resource for your RV & cabin resort. Remember, a thoughtfully crafted map not only assists your guests but also contributes significantly to their overall satisfaction and your resort's reputation. Happy mapping!

The Lone Star State has long been synonymous with wide-open spaces and boundless possibilities, and in recent years, this sentiment has taken on a literal meaning thanks to the booming growth of RV parks. A recent surge in RV park development has reshaped the landscape, presenting both opportunities and challenges for savvy investors. Here’s what you need to know about this thriving industry and how to make the most of it. The RV Park Revolution in Texas The statistics speak volumes: Texas has experienced a staggering 26% increase in new RV park construction since 2017. This influx has dramatically altered the market dynamics, ushering in a new era of larger, more expansive parks. The newer parks, in particular, boast an impressive 80% more spaces compared to their older counterparts. While this growth might seem like an investor’s dream, it has come with its fair share of hurdles. Challenges Amidst Growth With the rapid proliferation of RV parks, competition has intensified, leading to a noticeable dip in occupancy rates. Since 2017, the average park has seen a 10% decline in occupancy, a trend attributed to the surge in supply. Additionally, rental rates have softened in various regions, prompting owners to reconsider their pricing strategies. Operating costs, too, have soared, with expenses like taxes, insurance, and labor rising by alarming percentages. For park owners, this upward trend in costs presents a significant challenge, squeezing profit margins and demanding innovative solutions. Strategies for Success In this evolving landscape, adaptation is the key to thriving. RV park owners must focus on strategic marketing, optimizing occupancy rates, and revisiting their business strategies to stay profitable amidst fierce competition. One beacon of guidance in these challenging times is experts like Landan Dory at Partners, specialized brokers whose insights and data-driven approach can illuminate the path forward. By understanding the latest market trends and conditions, investors can make informed decisions that set them apart in this increasingly competitive arena. The RV Industry and Its Impact The RV industry as a whole has experienced unprecedented growth, fueled in part by the COVID-19 pandemic. As traditional lodgings closed their doors during lockdowns, RV parks remained open, capturing new customers and driving revenue growth. The surge in outdoor recreation interest, coupled with the appeal of socially distanced activities, has further propelled the RV industry forward. The heightened demand has prompted existing RV parks to explore expansions and renovations. However, challenges such as finding suitable land and overcoming zoning hurdles have emerged, underscoring the need for careful planning and strategic decision-making. The Way Forward: Smart Investments and Diligent Research While the current boom conditions might moderate post-pandemic, the popularity of recreational vehicle travel is expected to endure. For investors eyeing the RV park business, the outlook is undeniably bright. However, success in this competitive market demands more than just capital—it requires thorough research, strategic planning, and expert guidance. Savvy investors will focus on high-quality, strategically located parks. Due diligence will be their guiding principle, helping them identify promising opportunities while avoiding potential pitfalls. The RV park boom presents an enticing prospect, but it’s the meticulous investors armed with knowledge and insight who will truly capitalize on this trend. In the ever-expanding world of RV parks, staying informed, adaptable, and proactive is not just a strategy—it’s the key to long-term success. For those ready to embark on this exciting journey, the road to prosperity begins with understanding the market, making smart decisions, and, when in doubt, seeking the expertise of those who truly know the terrain.

Investment Properties In recent years, numerous national chains employed a sales-leaseback strategy by listing their properties on the market, sometimes even before completion, at cap rates ranging from 5.5% to 6%. This approach likely resulted in profits of approximately $2 million before the establishment’s opening. While this strategy was rational in a low-interest rate environment, it has become increasingly challenging for investors to evaluate future decisions, especially within just one year. This challenge arises from the current market conditions, which are now yielding cap rates between 6.25% and 6.5%. Driven Brands Take 5 Car Wash, under Driven Brands, revealed a strategic shift during their recent “Investor Day” presentation. COO Danny Rivera admitted to unsatisfactory performance and signaled the need for change. Consequently, they plan significant cuts in growth capital, suspending acquisitions and development until 2026. Rivera even suggested potential closures for underperforming locations. It’s vital to watch if other national chains follow suit, as Take 5’s halt in expansion, while good for market saturation, raises questions about oversaturation in certain areas. Developing in Lower Traffic Counts While development activity remains robust, the landscape has become more challenging. High interest rates and escalating land and construction costs have driven a 20% increase in development prices. Furthermore, the scarcity of prime roadways with substantial traffic counts has led national chains to actively pursue sites with less than 20,000 vehicles per day (VPD). Gentlemen’s Agreement From 3 Miles to 3 Parcels The days when it was considered a gentleman’s agreement not to construct another car wash within a three-mile radius of an existing one are behind us. National chains have shown no hesitation in developing right across the street or within three parcels of an existing car wash. Accelerated Depreciation Phase-Out The Tax Cuts and Jobs Act has a phased bonus depreciation reduction, starting at 80% in 2023 and declining by 20% annually until it vanishes by 2027. Consult a financial or tax advisor for specific inquiries. As this benefit diminishes, it will affect EBITDA multiples and cap rates, influencing today’s market values. Where We Come In Our car wash team thoroughly tracks the market to know where assets would trade in today’s evolving market. We know that each property is unique, and while these averages are an informed baseline, it does not always factor in real estate, location, and business potential, true values are obtained by looking at all factors and financials. Call or email to receive a detailed analysis of your car wash business and property.

This whitepaper is designed to provide valuable insights and guidance to RV park owners in Texas who are considering selling their properties - now or in the future. As a real estate broker specializing in RV park sales, I want to help you make informed decisions. We will explore various selling options, their pros and cons, and offer additional considerations to help you maximize your RV park's sale potential. Introduction: Selling an RV park in Texas is a significant decision that requires careful consideration of various selling options. This whitepaper aims to assist RV park owners in understanding the choices available to them, enabling them to make well-informed decisions that align with their goals. Exclusive Listing with a Broker Pros: Increased Visibility: Brokers can execute national marketing campaigns, reaching a wide audience of potential buyers. Fiduciary Responsibility: Brokers have a contractual obligation to act in the seller's best interests, ensuring fair negotiations. Broker Facilitates Transactions: Brokers handle the complexities of transactions and negotiations, saving the seller time and effort. Proactive Marketing: Brokers can implement targeted marketing strategies, including online listings, direct mail campaigns, and industry-specific publications, to attract potential buyers. Networking: Brokers often have a wide network of potential buyers, including investors, developers, and individuals looking for RV park investments. Multiple Offers: In exclusive listings, brokers can help create a competitive environment, potentially leading to multiple offers and better terms. Cons: Publicity: Listing with a broker may expose the park to increased publicity, which could affect privacy. Broker Contract: Sellers must sign an agreement with the broker, which may limit their flexibility. Limited Buyer Pool: Relying solely on a broker may restrict the number of potential buyers if the broker does not share the property with the widest possible audience. Asking a Broker to Bring Offers from Buyers they Know Off-Market Pros: Performance: Brokers will most likely bring buyers that they have the highest level of confidence in performing on the transaction Cons: Misaligned Loyalties: Brokers will bring buyers they will have likely worked with in the past, meaning their loyalties may align more with the relationship with the buyer than the seller. Lower Historical Prices: Off-market transactions often result in lower sale prices. Most buyers won’t go out of their way to have a broker track down an owner so that they can then pay a premium for the property when there are generally 120+ RV Parks already listed for sale in Texas. Negotiation Bias: Brokers may aim for a lower sale price to facilitate a quicker transaction. Buyer Approaches Seller Directly Pros: No Broker Commission: Sellers save on broker commissions Cons: Lower Historical Prices: Direct buyer-seller transactions often result in lower sale prices. Competitive Market: Texas has a large number of RV parks for sale, making it less likely for buyers to pay top dollar. Cash Sale Pros: Quick Transaction: Cash sales typically close within 60-90 days, providing sellers with a lump-sum payment. Cons: Capital Gains Tax: Receiving a large sum of cash at once can expose sellers to significant capital gains tax liabilities.(Talk with a member of our team about how a 1031 exchange can defer your capital gain and depreciation recapture taxes indefinitely) Seller Financing Pros: Better Interest Rate: Sellers can offer buyers lower interest rates than traditional bank financing, attracting more buyers. Additional Income: Sellers earn interest payments in addition to the principal amount. Cons: Default Risk: If the buyer defaults or mismanages the property, sellers may need to repossess a potentially distressed asset. Reduced Cash Flow: Monthly payments may be lower than a lump-sum cash sale, affecting cash flow. What Else You Need to Know Preparing Your RV Park for Sale Property Enhancement: Consider making necessary improvements or renovations to increase the property's appeal and value to potential buyers. Documentation: Gather all relevant documents, including financial records, property surveys, permits, and maintenance records, to streamline the due diligence process. Pricing: Accurate Pricing: Work with your broker to determine an appropriate listing price that considers both market conditions and your financial goals. Making the property available at too low of a price cost cost you in potential earnings. Expecting too much for the property made lead to unmet expectations and ultimately result in a lower price that could be achieved if the property was priced accurately in the first place. Legal Considerations Contracts and Agreements: Ensure that all contracts and agreements with brokers, buyers, and other involved parties are reviewed by legal counsel to protect your interests. Exit Strategy Assessing Your Post-Sale Plans: Determine what you intend to do after selling the RV park, whether it's retiring, reinvesting in other properties, or pursuing new opportunities. 1031 Exchange: A 1031 Exchange is a great way to prevent paying taxes on the sale of the property while keeping your equity invested in passive-income producing assets like net lease properties or a DST. Professional Assistance Realtor or Broker: Engaging a professional realtor or broker with experience in RV park sales can provide valuable guidance throughout the process. Legal and Financial Advisors: Consult with legal and financial professionals who specialize in real estate transactions to ensure compliance and tax optimization. Local Market Dynamics Understand the unique characteristics of the Texas RV park market, including regional variations in demand, seasonality, and local regulations. Buyer Financing Options Educate yourself about the various financing options available to potential buyers, as this can influence their ability to close the deal. Contingency Planning Have a contingency plan in place in case the initial sales approach does not yield the desired results. This may involve revisiting your strategy or considering alternative selling options. Additional Considerations: Market Timing: Assess the current market conditions to determine the ideal time to sell your RV park. Property Valuation: Consider getting a professional appraisal to accurately price your property. Due Diligence: Ensure that buyers are financially qualified and have the capability to manage the park effectively. Legal and Regulatory Compliance: Be aware of and adhere to all relevant local, state, and federal regulations during the sale process. Financial Planning: Consult with financial advisors to understand tax implications and financial strategies. Conclusion: Selling your RV park in Texas is a multifaceted process, and the choice of selling option can significantly impact the outcome. This whitepaper has explored several options, their advantages, and disadvantages, along with additional factors to consider. Ultimately, as an experienced real estate broker specializing in RV park sales, it is my objective to help guide you through this process and maximize the value of your property. By carefully weighing your options and seeking professional advice, you can make a well-informed decision that aligns with your goals and financial objectives.

The last few years have been a boon for RV park owners, thanks largely to the COVID-19 pandemic. With lockdowns and remote work arrangements, RV travel saw unprecedented growth as people sought safe, socially distanced getaways. For many parks, 2020 and 2021 brought record occupancies and revenues. However, as pandemic restrictions ease, the RV industry is feeling the comedown from the COVID boost. During the pandemic, RV sales and rentals skyrocketed as people invested in recreational vehicles to escape while working remotely. With hotels, resorts, and public campgrounds closed, private RV parks absorbed huge demand, often booking completely full months in advance. Holidays like July 4th brought an influx of visitors when COVID rules lifted. This RV renaissance wasn't driven solely by retirees either. Millennials and younger workers with newfound flexibility were a significant force, taking advantage of the ability to work from anywhere with a Wi-Fi connection. With gas prices low, RVing became an attractive pandemic pastime. For park owners, the result was expanded capacity, renovations, and upgrades to accommodate the crowds. Many added amenities to stand out in an increasingly competitive market. Developers seized the moment as well, jumping on the RV trend to build ambitious new luxury parks around the country, especially in popular RV destinations like Texas. However, with COVID in the rearview, demand has cooled from its peak while supply continues growing. Parks completed during the pandemic are now coming online just as RV travel returns to normal pre-COVID levels. For owners, the takeaway is clear - the pandemic party is over. In fact, recent data shows RV park sales slowing down in 2022 as interest rates rise and inflation cuts into profits. This emerging trend highlights the key challenge owners now face - mitigating the slowdown and maintaining financially healthy businesses post-COVID. To thrive in the post-COVID era, park owners will need to focus on filling spaces through marketing, special offers, and delivering the best possible guest experience. With more competition, investing in improvements and activities that set a property apart will be key. Parks can no longer rely on red-hot demand to carry them. The COVID boost provided a windfall, but also inflated expectations. astute owners will adapt to the realities of today’s RV market, finding ways to attract RVers in a normalized post-pandemic landscape. The COVID boom brought opportunities, and parks that capitalize on them will prosper even as the boom fades into memory. About the Author: Landan Dory is an Investment sales broker in Texas specializing in the sale of RV Parks and 1031 exchanges. He has personally met with or been on-site with 200+ RV Park owners in 2023 alone. He and his seven-person investment sales team take a highly data-driven approach to RV Park sales and currently track key metrics like total number of rentable spaces, rental rates, occupancy rates, build-years, sale history, and 50+ other key analytics for over 3,800 RV Parks in Texas alone. His team's expertise in the field has consistently yielded above-market prices for properties that he exclusively lists and sells as well as access to more off-market parks for buyers.

Running a successful RV park comes with its fair share of challenges, and one of the most frustrating situations you might face is when someone causes damage to your property. Dealing with these incidents promptly and effectively is essential to maintaining the integrity of your park. Here are some key steps and strategies to help you take control when faced with such situations: 1. Clearly Define Responsibility: Ensure your park's policies and rental agreements explicitly state that guests are responsible for any damages caused to the property. Having this information in writing provides a solid foundation for charging guests for repairs. 2. Document the Damage: Take clear photographs of the damage and gather any relevant information about the incident. This documentation will be crucial if you need to involve law enforcement or file an insurance claim. The more evidence you have, the stronger your case will be. 3. Use Credit Card Information: Keep guests' credit card information on file. This practice allows you to charge them promptly for damages, ensuring that the costs do not come out of your pocket due to someone else's negligence. It's a practical and efficient way to handle financial responsibilities. 4. Engage Law Enforcement if Necessary: If the damage is significant and the responsible party leaves the scene, consider filing a police report. This official documentation can strengthen your case if legal action becomes necessary. Law enforcement involvement can act as a deterrent for future incidents. 5. Implement Preventive Measures: Some owners have found success in preventing similar incidents by strategically placing obstacles like large boulders, which protect essential utilities and discourage reckless driving. Proactive measures can significantly reduce the likelihood of damage occurring in the first place. 6. Maintain Professionalism: While dealing with these situations, it's essential to remain professional and assertive. Address the issue promptly and firmly, ensuring that your guests understand the consequences of their actions. A professional demeanor can help you resolve the situation more effectively. 7. Encourage Community Respect: Foster a sense of community respect among your guests. Encourage them to watch out for one another and report any suspicious activities. Creating a friendly and vigilant atmosphere can deter potential troublemakers and promote a positive park environment. Remember, your proactive approach and clear policies are essential in handling damage incidents. By following these steps and fostering a respectful community, you can effectively manage such situations, ensuring the continued success of your RV park.

For owners and operators of RV parks in Texas, there are many factors to consider in order to run a successful business. From attracting visitors to managing operations, insights from industry sources can help establish best practices. Attracting More RVers to Your Park Texas offers plenty of opportunities to draw in RVers looking for exciting destinations. Promoting your proximity to top attractions like state/national parks, lakes, beaches, and cities can boost interest (RV Coutdoors, 2022). Special events like festivals, fairs, or holiday celebrations happening nearby are also great marketing hooks (Tx RV Resorts, 2022). Sites like Roadtrip America allow RV park owners to submit their listings and highlight local activities to attract travelers planning Texas trips (Roadtrip America, 2022). Refreshing amenities like updated campsites, recreation offerings, and strong WiFi also helps meet modern guest expectations (Mobile RVing, 2022). Optimizing Operations Running RV park operations smoothly keeps guests satisfied. Tips from industry sources recommend clear communication of park policies, regular maintenance checks, investing in accessibility features, having a storm readiness plan, and training staff on exemplary customer service (Modern Campground, 2022). It’s also important to pay close attention to emerging trends and guest patterns. For example, storage needs are rising, so offering on-site RV storage could be a potential revenue stream (RVIA, 2022). Understanding seasonality is also key—plan for summers to be the busiest times in most Texas RV parks (RV Business, 2022). Future Outlook The RV industry expects continued growth in the years ahead. As of 2021, over 1 million households own RVs in Texas alone, and younger demographics like millennials are taking an increasing interest in RV travel (RV.net, 2022). This bodes well for park operators in the state. Attracting first-time RVers, investing to meet demand, and providing excellent guest experiences will be key. By tapping into marketing opportunities, optimizing operations, and keeping up with industry trends, RV park owners can find success in the Texas market. Paying close attention to visitor needs and patterns allows parks to stand out. A promising future lies ahead for those invested in the RV park business.

We understand that the RV park industry in Central Texas has experienced significant growth and changes in recent years. As your trusted partners in the real estate market, we want to ensure you are up to speed on the current market statistics that may impact your business. Market Statistics: Abundance of RV Parks: There are currently 352 RV parks within a 50-mile radius of Austin, showcasing the robust demand for recreational vehicle accommodations in our region. Recent Developments: Notably, 26% of these parks have been built after 2017. This surge in new park developments equates to a 28% increase in the total number of rentable RV spaces in the area. Average RV Spaces: For the entire region, the average number of RV spaces per park is 49. However, for parks built since 2017, the average rises to 88. This suggests that newer parks are, on average, 80% larger than those historically established. Impact on the Market: These statistics indicate a softening effect on occupancy rates and rental rates across RV parks in Texas. On average, we've tracked a nearly 10% decline in occupancy rates, reflecting the heightened competition in the market. Rising Costs: Additionally, we've observed substantial increases in operating costs for RV park owners, including taxes, insurance, and labor expenses. In some cases, we've witnessed tax and insurance costs soaring by 50-500% in a single year, placing greater strain on your bottom line. Implications for Owners: The influx of new RV parks and rising costs means that owners must adapt to heightened competition and financial challenges. To stay ahead in this dynamic market, owners must explore aggressive marketing strategies and focus on optimizing occupancy rates. As costs continue to rise, these efforts will become increasingly crucial. About Us: We would like to introduce Landan Dory, who leads the RV Park brokerage and Advisory division of Partners. Partners is the largest privately owned real estate firm in Texas, with offices in Dallas, San Antonio, Austin, and Houston. Our commitment is to assist our clients in making informed decisions regarding their real estate investments. We are dedicated to providing you with the latest data, trends, and market conditions to help you navigate this evolving landscape.

Running a successful RV park is about more than just having beautiful sites and top-notch amenities. At the heart of every thriving RV park is a competent and dedicated campground manager. However, finding the right manager can be a daunting task. Thankfully, seasoned RV park owners have shared their valuable insights on various online forums, shedding light on the most effective strategies for recruiting the perfect candidate. In this article, we'll explore these strategies in-depth, providing you with a comprehensive guide to finding the ideal campground manager for your RV park. 1. Learn from Experience: Avoiding Inexperienced Workampers One of the most common warnings from experienced RV park owners is to avoid inexperienced workampers at all costs. While the idea of free management in exchange for a campsite might sound appealing, the risks associated with lack of experience can be detrimental to your business in the long run. Prioritize candidates with a proven track record in campground management. 2. Tapping into Workamping Groups Workamping groups are treasure troves of potential candidates. These groups attract a wide range of individuals, from novices to highly experienced campground workers and managers. By engaging with these communities, you can connect with passionate individuals who understand the camping lifestyle. Don't underestimate the power of networking in finding your next campground manager. 3. Exploring Outside the Industry: Apartment Managers Make Great Candidates Consider candidates from outside the RV park industry, particularly those with experience in managing apartments. The skills required for apartment management often translate well into the campground industry. Look for candidates who have a background in customer service, property maintenance, and administrative tasks. Their ability to handle diverse responsibilities can prove invaluable in managing an RV park efficiently. 4. Seeking Versatility and Experience Look for candidates who bring a versatile skill set to the table. Consider individuals like the retired park manager from Texas, who not only had a background in public relations but also extensive experience in the hospitality industry. Candidates with diverse backgrounds, excellent communication skills, and a genuine love for people can significantly enhance the guest experience at your RV park. 5. Quality Comes at a Price: Investing in Excellence It's a timeless truth: you get what you pay for. While budget constraints are understandable, investing in a skilled and experienced campground manager is a wise financial decision. A capable manager can improve customer satisfaction, streamline operations, and ultimately boost revenue. Don't hesitate to allocate a reasonable budget for hiring the right candidate—it's an investment that pays dividends in the long term. 6. Leveraging Professional Networks: LinkedIn and Indeed Online platforms such as LinkedIn and Indeed are indispensable resources for finding qualified candidates. Craft detailed job postings highlighting your requirements and expectations. Actively engage with potential candidates, conduct thorough interviews, and check references diligently. These platforms provide access to a vast pool of professionals, increasing your chances of finding the perfect match for your RV park. 7. Considering Industry-Specific Recruitment Agencies For a targeted approach, explore recruitment agencies specializing in hospitality and campground management. These agencies often have a roster of pre-screened candidates with relevant experience. By partnering with industry-specific agencies, you can streamline the hiring process and find candidates who are well-suited for the unique challenges of managing an RV park. In conclusion, finding the right campground manager requires a strategic approach. By learning from the experiences of seasoned RV park owners, leveraging professional networks, and considering candidates from diverse backgrounds, you can secure a manager who not only meets your requirements but also contributes significantly to the growth and reputation of your RV park. Happy hiring!

Running an RV park involves juggling multiple tasks, with one of the most critical being an efficient booking system. The market offers a variety of RV booking software solutions tailored to the unique needs of park owners. To help you navigate this landscape, we’ve compiled insights into popular RV renting software platforms, shedding light on their features and limitations. 1. RMS (The Reservation Management System): RMS stands out for its robust customization options. Park owners can create tailored site types, accommodating a variety of accommodations seamlessly. This flexibility allows for a more accurate representation of your offerings, enhancing the booking experience for guests. However, the extensive customization might require a learning curve, making it essential for park owners to invest time in understanding the software thoroughly. Pros: Customization: RMS allows for extensive customization, enabling park owners to define their site types and amenities precisely. Comprehensive Reporting: The system often offers in-depth reporting features, helping park owners analyze their business data effectively. Scalability: RMS is suitable for a wide range of park sizes, making it adaptable for both small campgrounds and large RV resorts. Cons: Learning Curve: Due to its extensive features, RMS can have a steep learning curve, requiring time and effort to master. Cost: The level of customization and features often comes at a higher price point, which might not be suitable for smaller RV parks with limited budgets. 2. ResNexus: ResNexus offers a comprehensive solution, often praised for its ease of use. It integrates seamlessly with various accommodations, including RV sites, tents, boats, and even apartments. While ResNexus simplifies the booking process, some users find challenges in categorizing diverse offerings effectively. For instance, listing campers under generic categories like “sites” can create confusion for potential guests. Pros: User-Friendly Interface: ResNexus is known for its intuitive and user-friendly interface, making it accessible for park owners with varying technical skills. Versatility: It can handle various types of accommodations, including RV sites, cabins, and even unique offerings like boats and apartments. Integrated POS: ResNexus often comes with an integrated Point of Sale system, simplifying retail operations for camp stores. Cons: Categorization Challenges: Some users have reported difficulties in effectively categorizing diverse offerings, leading to potential confusion for customers during the booking process. Pricing Structure: The pricing structure might not be suitable for smaller parks or those with limited budgets. 3. NewBook: NewBook is designed for parks offering a wide array of accommodations, from RV sites to glamping spots and Airbnb rooms. Its strength lies in its ability to manage different lodging types within a single platform. This comprehensive approach streamlines operations, making it an excellent choice for parks with diverse stay options. NewBook’s user-friendly interface and versatility are often highlighted by satisfied users. Pros: Diverse Accommodation Management: NewBook excels in managing different types of accommodations, making it ideal for parks with a variety of lodging options. User-Friendly: It often features an intuitive interface, making it accessible for users with limited technical expertise. Comprehensive: NewBook typically offers a comprehensive suite of tools, including reservation management, guest communication, and reporting. Cons: Cost: Like other comprehensive solutions, NewBook's extensive features come with a higher price tag, potentially making it prohibitive for smaller businesses. Integration Challenges: Some users have reported challenges in integrating NewBook with other software or systems they use, leading to operational difficulties. 4. Firefly: Firefly is an internet-based solution, offering accessibility from anywhere with an internet connection. Along with efficient booking management, Firefly integrates a Point of Sale (POS) system, simplifying retail operations for camp stores. The convenience of being web-based ensures that park owners can manage reservations and transactions on the go, enhancing operational flexibility. Pros: Accessibility: Being internet-based, Firefly offers the advantage of accessibility from anywhere with an internet connection, enhancing flexibility for park owners. POS Integration: Its built-in Point of Sale system simplifies retail operations for camp stores, providing a seamless experience for both staff and customers. Real-Time Updates: Firefly often provides real-time updates on site availability and bookings, reducing the risk of overbooking errors. Cons: Dependence on Internet: While internet-based accessibility is an advantage, it also means that a stable internet connection is necessary for uninterrupted operation, which might be a challenge in remote locations. 5. Campspot: Campspot specializes in campsite reservation management. It offers real-time availability updates, ensuring accurate booking information for both guests and park owners. Campspot’s intuitive design and focus on campgrounds make it a preferred choice for those primarily offering RV and tent sites. Pros: Real-Time Availability: Campspot provides real-time updates on site availability, reducing the risk of overbooking and ensuring accurate booking information for both guests and park owners. User-Friendly Interface: Its intuitive design simplifies the reservation process, making it accessible for park owners and guests alike. Campground Focus: Campspot’s specialization in campgrounds means it understands the unique needs of RV parks and campgrounds, offering features tailored to this specific industry. Cons: Limited Diversification: While excellent for campgrounds and RV sites, Campspot might have limitations if your park offers a wide variety of accommodations beyond traditional camping, such as cabins or glamping options. Pricing Structure: The pricing structure might vary based on the size of the park and its specific needs, potentially making it less suitable for smaller or budget-conscious parks. Please note that the information provided here is based on general trends and common user experiences up until September 2021. For the most accurate and current details, it's highly advisable to visit the official websites of these software providers or consult recent user reviews and testimonials on reputable software review platforms. Remember, the ideal booking software enhances operational efficiency, simplifies guest interactions, and ultimately contributes to a seamless and enjoyable experience for everyone involved. Happy booking!

On-Market Car Washes: 80 Active Listings Express Car Wash (37): The average price for an express car wash is $5,037,520. Full Service/Express Hybrid (4): The average price for this hybrid model is $3,496,666. These establishments provide both full-service and express options. In-Bay Automatic (15): In-Bay Automatic (IBA) car washes have an average price of $1,238,982. These are automated, self-contained systems. Self-Service Car Wash (18): The average price for self-service car washes is $753,625. Customers use these facilities to wash their vehicles themselves. Full Service Car Wash (6): Full-service car washes command an average price of $5,550,000. These establishments provide a comprehensive range of services, including interior and exterior cleaning, often with additional amenities such as detailing. What Buyers Look for in Today’s Market: Conversion Potential: Buyers seek car washes with the potential to shift from full-service to express models, enhancing efficiency and profits. Membership History: Successful membership programs indicating customer loyalty and consistent revenue are attractive to buyers. Daily Vehicle Counts: High-traffic locations with 15,000-25,000 daily vehicles draw buyer interest, signaling revenue potential. Off-Market Opportunities: Buyers actively pursue off-market deals for potential cost advantages, making it a strategic investment approach. EBITDA Multiples: The following chart shows average multiples of listed and sold car washes in 2023 YTD. These are contingent on a variety of factors, where your specific wash could be worth a larger or lower multiple. These multiples focus primarily on operations and not underlying real estate. Multiples with real estate yield higher results. The graph above to the right shows the jump in multiple we saw in 2021 during the peak of M&A and more favorable market conditions. Today’s multiples have remained favorable but have faced challenges from buyers working with debt and SBA loans. New Entries: Subscription Model: The adoption of a subscription-based business model provides a stable and foreseeable cash flow stream, offering opportunities for optimization and growth. Expansion: As of 2022, the car wash industry boasted a market valuation of $15.21 billion, with projections forecasting a rise to $15.86 billion in 2023. This upward trajectory underscores the favorable market conditions, with expectations of a compound annual growth rate (CAGR) of 5.7% from 2023 through 2030, ultimately culminating in a revenue forecast of USD 23.79 billion. These figures indicate a promising and sustained market expansion trend, rendering it a compelling opportunity for market entry and potential business ventures. Anticipated Challenges and Industry Slowdown: Market Saturation: The previous industry norm of maintaining a three-mile radius between car wash facilities has dissipated, with recent developments introducing new ventures within close proximity, potentially leading to market oversaturation. Economic Dynamics: Escalating interest rates, average consumer cost increases due to inflation, the resumption of student loan payments, and other consumer-related variables may result in discernible fluctuations in car wash membership subscriptions. These economic factors could lead to a noticeable churn in the customer base. Where We Come In: Our car wash team thoroughly tracks the market to know where assets would trade in today’s evolving market. We know that each property is unique, and while these averages are an informed baseline, it does not always factor in real estate, location, and business potential, true values are obtained by looking at all factors and financials. Call or email to receive a detailed analysis of your car wash business and property.

As an RV park owner, one of the key decisions you'll face is how to maximize your revenue streams. One way to do this is by offering rental trailers in addition to or as an alternative to traditional RV lots. In this blog post, we'll delve into the pros and cons of each option and provide insights from experienced RV park owners. Rental Trailers: The Pros and Cons Pros: Convenience for Guests: Rental trailers offer a turnkey solution for guests who don't own their own RVs. They can simply arrive, check in, and start enjoying their vacation without the hassles of RV ownership. Potential for Higher Profits: You can charge a premium for rental trailers, potentially leading to higher profits compared to RV lot rentals. Broader Customer Base: By offering rental trailers, you can attract a wider range of guests, including those who might be interested in RV camping but don't have their own vehicles. Cons: Initial Investment: Setting up rental trailers requires a significant upfront investment in purchasing or building them, which might not be feasible for all RV park owners. Maintenance and Cleaning: Rental trailers demand regular maintenance and thorough cleaning between guests, which can be time-consuming and costly. Limited Personalization: Guests in rental trailers may miss the personal touch and customization of their own RVs or the experience of setting up their campsite. Rental Lots Only: The Pros and Cons Pros: Lower Initial Investment: Renting RV lots requires less initial capital, making it a more accessible option for new RV park owners. Lower Maintenance Costs: RV lots generally require less ongoing maintenance compared to rental trailers, as you won't have to worry about the upkeep of the units themselves. Attracts Long-Term Guests: Some RV enthusiasts prefer to set up their own RVs for extended stays, which can provide a stable, long-term revenue source. Cons: Limited Customer Base: Focusing solely on RV lots might limit your customer base to those who own their own RVs, potentially missing out on guests who prefer the convenience of rental units. Seasonal Variations: RV lot rentals may be subject to seasonal fluctuations, with peak and off-peak periods impacting your revenue. Insights from Experienced RV Park Owners Taking into account the insights shared by fellow RV park owners in online forums, here are some additional strategies to consider for promoting your RV park, regardless of whether you offer rental trailers, lots, or both: Online Presence: Establish a strong online presence through a website and social media profiles. Engage with potential guests through platforms like Facebook, Instagram, and TikTok. Google Verification: Get your business verified on Google. Positive reviews and accurate information will boost your visibility and credibility. Local Chamber Involvement: Join your local chamber of commerce to network with other businesses and tap into their resources for promoting your RV park. Analytics Tools: Utilize tools like Google Analytics and Apple Analytics to gain insights into your online performance and refine your marketing strategies. Conclusion: Deciding whether to offer rental trailers or stick to RV lot rentals is a significant choice for RV park owners. Each option has its advantages and disadvantages, so carefully consider your budget, target audience, and long-term goals when making this decision. Remember that a strong online presence and effective marketing strategies can enhance the success of your RV park, regardless of the rental options you choose.