“That Campground Is Overpriced.” Compared to What?
Sometimes a property is overpriced. Sellers can have unrealistic expectations. But the statement is often made before the buyer has fully studied the campground.
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Sometimes a property is overpriced. Sellers can have unrealistic expectations. But the statement is often made before the buyer has fully studied the campground.
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No two campground businesses are identical. Site mix, location, utilities, income, labor, amenities, and expansion can all change value.
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Financial models are important, but campground buyers also need to understand operations, guests, labor, location, and opportunity.
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