What does it cost to open a KOA?
How much does a KOA franchise cost? KOA has a franchise fee of up to $30,000, with a total initial investment range of $225,950 to $4,426,925. The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How do I open a KOA?
KOA New Construction ProcessLocal approval.Complete and submit application for KOA Review, along with $30,000 franchise fee (see what's included in the franchise fee below.Property visit. ... Execute franchise contract. ... KOA Training at KOA-U. ... New Owner checklist. ... Opening Day.
Is KOA Campgrounds a franchise?
We're all part of the largest, most innovative camping franchise that is constantly working to keep us the best and first to mind in the camping world.” To hear more first-hand accounts of what it's like to own a KOA franchise, read our story on Owning a KOA Campground.
Are KOA campgrounds profitable?
Cementing the best year in 60 years of company history, Kampgrounds of America Inc. (KOA) today (Jan. 17) announced a 33.2% revenue increase over 2020 and a 33% increase in revenue over 2019, the company's previous highest-grossing year, in its Q4 Business Report.
Is it profitable to own a campground?
In North America, the campground franchise can make 80% of its annual returns over only three months. This period is usually between June throughout August. The campground business is very lucrative, but only if you do it right. Owning a campground or RV park is not for everyone.
How much do campground owners make a year?
A successful RV park owner can make from $50,000-$90,000 a year. A successful RV park itself can end up being worth hundreds of thousands of dollars depending on its popularity, location, and assets.
Are RV parks a good investment?
Purchasing an RV park means you're getting in on an already growing market (with even more potential for growth in the coming decade). RV parks also tend to offer higher yields to owners than other commercial property investments. As stated above, investors can expect a 10% to 20% return on investment.
Are KOA independently owned?
KOA is expensive because it's privately owned and operated. The owners have expenses they have to cover for franchising the KOA name. They offer great amenities like pools, clean showers, and restrooms, which all require staff to keep them spotless.
Is Jellystone Park a franchise?
Yogi Bear's Jellystone Park™ Camp-Resorts is the only franchise in the United States solely focused on the family camping demographic. There are currently more than 75 Jellystone Park locations in the United States and Canada and due to our recent string of successes, we're currently expanding into new territories.
What to know about owning a campground?
The ultimate guide to buying a campground has some of the questions that you need to ask yourself are:Location, Location, Location!Type of Campers.Size of the Campground.Seller Owner Financing.Bank Financing.Campground Financing Resources.Understand Their Finances.Understand Their Tenants.More items...•
How do you make a campground from scratch?
How to Start a Campground or RV ParkPinpoint what kind of park you want to open. ... Create a Business Plan. ... Secure a loan if needed. ... Research the region. ... Get the permits. ... Build relationships with your community. ... Create a website and find software. ... Marketing.More items...•
How do I write a business plan for a campground?
Executive SummaryGive a brief overview of the campground industry.Discuss the type of campground you are operating.Detail your direct competitors. Give an overview of your target customers.Provide a snapshot of your marketing strategy. Identify the key members of your team.Offer an overview of your financial plan.
Are KOA independently owned?
KOA is expensive because it's privately owned and operated. The owners have expenses they have to cover for franchising the KOA name. They offer great amenities like pools, clean showers, and restrooms, which all require staff to keep them spotless.
Are KOA worth it?
A KOA membership might be worth it if you plan to camp more than three times per year. After a few visits, the membership with a 10% discount pays for itself. Since KOA sites are usually more expensive than state parks or RV parks, you will appreciate saving money. KOA campsites make camping easier.
What are the three levels of KOA?
Learn more about the three types of KOAs: Journey, Holiday and Resort. If there is just one thing KOA is known for, it's providing consistent, quality camping across North America.
What to know about owning a campground?
The ultimate guide to buying a campground has some of the questions that you need to ask yourself are:Location, Location, Location!Type of Campers.Size of the Campground.Seller Owner Financing.Bank Financing.Campground Financing Resources.Understand Their Finances.Understand Their Tenants.More items...•
Franchising
Convert an existing campground or RV park to a KOA. Franchising is a great way to get into high value campground ownership with world-class support from KOA.
Build a KOA
Partner with KOA’s Campground Design Services team to build a brand-new KOA campground that will meet the needs of your guests, today and tomorrow.
Buy a KOA
Purchasing an existing KOA campground is often the fastest and least expensive way to join the KOA Family of Campgrounds. Let us connect you with KOA owners interested in selling.
Sell to KOA
KOA owns and operates over 40 quality locations throughout North America. We are expanding the footprint of the KOA brand and are actively purchasing campgrounds.
Who is the CEO of Koa?
Jim Rogers, who has served as the president and CEO of KOA since 2000, announced Wednesday that Shane Ott, curr... Koa Upgrades Internet Reservation Process. The last thing any camper wants after a long day on the road is a surprise when they pull into their campsite.
Where is the Koa campground?
Koa's Newest Campground Opens At Laughlin, Nevada. Kampgrounds of America's newest park is an oasis in the Southern Nevada desert in Laughlin. The Laughlin/Avi Casino KOA is located adjacent to the popular Avi Resort and Casino in Laughlin, Nevada, on the banks of the beautiful Colorado River. The campground is part of a $31 million expansion ...
Who started Kampgrounds of America?
Dave Drum started Kampgrounds of America in 1961. He and other Billings, Montana, businessmen set up camping facilities off highways 87 and 212 in 1962, when the World's Fair in Seattle was attracting tourists along those routes. As he started franchising that year, Drum opened a system of campgrounds along America's highways.
What is a koa scouting program?
KOA provides scouting programs and camp opportunities for work or play. Franchising with a business such as KOA would be an incredible experience and opportunity for personal and professional growth. There are so many opportunities for expansion and there is definitely a demand for the industry.
How many hours of training does a franchise owner need?
Not many companies are willing to provide proper training, which then causes a higher failure rate for the franchise owner. KOA provides 16-40 hours of on the job training, 32-40 hours of classroom training and 5 days of a unique KOA University training with ongoing support thereafter.
What is franchising responsibility?
With franchising, you have the responsibility of keeping up with that reputation, but you also have the benefit of receiving the right support and training. Of course, that would mean that you need to find a company that is worth your time and investment in the first place. And that’s not always easy.
Is franchising better than starting a business?
And while franchising is an entirely different experience than starting up your own business from scratch, you can still have the chance to enjoy the many benefits of owning the business. In fact, in some cases, franchising offers an even better experience than that of starting up your own business.
What is a Koa company?
The KOA company is a marketing juggernaut. KOA has done more than anyone else to promote the RV lifestyle to the American public, has surveyed and chronicled the industry’s shifting demographics, and has positioned itself as a trusted and consistent provider of safe, clean and even attractive camping facilities.
Does Andy's RV park have a lot of space?
Many, if not most of the campsites at Andy’s RV park have lots of space between them.
Is being a Koa expensive?
Simple, I replied: being a KOA is incredibly expensive. For everyone.
Does a campground have surly employees?
Many of the criticisms are bogus, in that they apply to a specific facility and are not systemic: any campground, KOA or otherwise, may have surly employees. Any campground, depending on how it’s managed, may have dirty bathrooms. But…
