If you’re looking for business opportunities, take a look at caravan parks for sale. With the economy such as it is, people are starting to limit their travel. They are doing more vacation times at home, commonly called staycations. This means the demand for these parks are on the rise as people camp during local vacations. This demand means added income for these owners.
Another use that has meant added business opportunities is interim housing. As housing becomes more scarce and more costly, some are turning to caravan parks for housing until they can find and arrange something more permanent.
Property costs have escalated in recent times, meaning that people are looking for something to give them a rapid and large turnaround. The caravan park is a solution, as it isn’t as expensive as shops, but gives a good return. Both city financing and investor income are sources of financing for the person looking to enter this business.
Caravan parks for sale make excellent business opportunities because there are a number of units on the one site, giving additional opportunities for profit. You can get income either through rental fees or sales.
Secrets To Success
There are several things to consider when thinking of this income solution. These considerations include: location, personality type, customers, and legal considerations, including licenses.
Considerations in reference to location include the following:
- Drive Time
This is important because vacation times are shorter, and customers don’t want to spend a lot of their valuable time in driving. You will need to be close enough that the drive time will be short, but far enough out to be in a relaxing atmosphere.
Related to drive time is the nearness of attractions. Customers will want to get involved with the local attractions, but won’t want to have to travel a long distance to find them.
- Alternative Activities Due To Weather
With the weather in England subject to sudden and frequent rainy days, there should be activities on-site for those times when planned activities get rained out. These activities should be planned under shelters for protection during bad weather.
There are two basic personality types and arrangements of ownership. These are:
Personal arrangements occur when the owner is very hands-on, taking care of things personally. These owners should be people persons who like to take care of customers themselves.
Corporate arrangements are run by companies, with representatives of the owners taking the brunt of the daily operation. These representatives are not as personally involved as owners.
In both arrangements it is important to know the customer’s needs. Only in this way can marketing be directed at what customers actually need and expect in their caravan park experience.
There are definite legal steps that need to be taken when considering business opportunities that involve caravan parks for sale. These legal considerations include the following:
- Required licenses and permits
- Health and safety concerns
- Employment law (if you are hiring staff)
- Consumer laws relating to the business
- Your Environmental and social responsibility to maintain green conditions
- Your code of ethics in practice
Close attention to these legal details will prevent your having legal issues after you get started. Sometimes legal issue can totally shut down a caravan park operation, costing the owner both wasted time and money.
Allison Knight writes about many different business opportunities in the UK, including writing about caravan parks for sale. She writes about all the different aspects of business ownership, including finding investors, personality types suited for each venture, and special economic considerations for each.