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BIZBITE
345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked
Physical
41
/100 score
Fair

RV Park / Campground

Land that charges nightly rent while you sleep

RV parks and campgrounds rent hookup sites to travelers and seasonal residents — and increasingly, to digital nomads and remote workers. The business model is deceptively simple: own or lease land, install electric/water hookups, and collect $40–$80/night per site. A 50-site park at 55% occupancy can generate $400K+ in annual revenue. Value-add operators add amenities (Wi-Fi, glamping tents, event hosting) to push ADR and capture weekend premium.

Avg Revenue

$450K

Profit Margin

35%

Acquisition Multiple

4x - 10x

Startup Cost

$100K - $1.5M

Difficulty

3/5

How It Works

Sites are rented nightly ($40–$80), weekly ($250–$500), monthly ($500–$1,200), or seasonally. Hookup sites (water, electric, sewer) command the highest rates. Revenue comes from site fees plus amenity upsells: firewood, propane, Wi-Fi, camp store, laundry. Occupancy peaks in summer; many operators target 60–70% annual occupancy. Seasonal residents (monthly or annual contracts) provide revenue predictability.

Revenue Range

Low End
$150K
Typical
$450K
High End
$1.5M

Real Acquisitions in This Category

SBA 7(a) change-of-ownership loans · NAICS 721211 · RV (Recreational Vehicle) Parks and Campgrounds

Deals tracked
77
22 in last 24 mo
Median loan
$750K
$359K–$1.2M p25/p75
Implied deal size
$882K
median · ~85% LTV
Charge-off rate
0.0%
of loans that finished

Deal Size Distribution

<$150K
7
$150K–500K
18
$500K–1M
21
$1M–2M
21
>$2M
10

Deal Flow Over Time

Deals per year · median loan
$507K
2020
15
$665K
2021
18
$1.1M
2022
9
$1.4M
2023
6
$545K
2024
12
$991K
2025
16
$945K
2026
1
12-month momentum
-30.8%
deal volume vs prior 12 mo
Median loan Δ
+46.8%
9 recent · 13 prior

Financing Profile

Median rate
8.88%
5% fixed · last 24 mo
Median term
300 mo
real-estate heavy
Collateralized
97%
of loans secured
Median jobs
4
supported per deal
Top lenders in this space
Live Oak Banking Company14
Ameris Bank8
Celtic Bank Corporation4
America First FCU3
Bank Five Nine3
Where deals happen
MI11
NY7
MO6
PA4
AZ4
IL3
SC3
MN3
CO3
WI3
Franchise vs independent
Franchised acquisitions finance at $1.3M median vs $740K for independents — a +73% franchise premium. Franchises make up 8% of deals tracked.

Recent Comparable Deals

ClosedStateLoanImplied dealJobsFranchise
Dec 2025TX$945K$1.1M2
Sep 2025CA$1.6M$1.9M8
Sep 2025GA$1.1M$1.3M4
Sep 2025LA$2.4M$2.8M8
Sep 2025MO$1.4M$1.7M4
Aug 2025SC$3.1M$3.7M4
Jul 2025OR$636K$748K2
Jul 2025MI$585K$688K2
May 2025MI$300K$353K12
Mar 2025MO$450K$529K3
Volume rank #89/534Deal-size rank #232/534Momentum rank #165p90 loan: $2.4MData as of Dec 2025

Source: SBA 7(a) FOIA dataset, filtered to acquisitions (loans where business age is "Change of Ownership"). Implied deal size assumes an 85% loan-to-purchase ratio, a common SBA change-of-ownership structure. Charge-off rate shown only when 10+ loans have resolved (paid in full or charged off). Interest rates reflect last 24 months only. Actual deal values vary with equity injections, seller financing, and working capital terms.

Pros

  • +Land appreciates while the business generates cash flow
  • +Low operational complexity — minimal skilled labor needed
  • +Booking platforms (Hipcamp, Campspot, RVshare) drive demand cheaply
  • +Value-add potential: glamping, events, and amenities boost ADR significantly
  • +Recession-resistant — RV travel grew sharply during COVID and held

Cons

  • -Highly seasonal in northern markets — 3–4 month peak season
  • -Zoning and permitting can be complex depending on jurisdiction
  • -Land and infrastructure acquisition is capital-intensive
  • -Utilities (sewer hookups in particular) can be expensive to install

Best For

Real estate investors seeking cash-flow-plus-appreciation plays; lifestyle buyers wanting to live on-site; operators who can add glamping or event revenue to boost off-season income

Operating Costs

Operating expenses run 40–50% of revenue: utilities (15–20%), property taxes (5–10%), maintenance and landscaping (10%), staffing/management (10–15%), insurance (3–5%). A 50-site park at $40/night and 55% occupancy generates ~$400K gross with ~$220K NOI. Cap rates range from 6–12% depending on location and amenity mix.

SBA Financing Estimator

Adjust the deal — see if it cash flows after debt service

+$2K/mo
after debt service
Deal price — $1.6M
Range: $1.6M (4×) to $5.0M (10×+)
Down payment — 15% ($237K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 9.00%
SBA median for this category: 8.9%
Loan term — 25 years (300 mo)
SBA median for this category: 300 months
Down payment
$237K
15% equity injection
Loan amount
$1.3M
85% SBA-financed
Monthly payment
$11K/mo
$2.0M total interest
Monthly profit
$13K/mo
at 35% margin
Monthly cash flow after debt service
+$2K/mo
Down payment paid back in ~128 months — long horizon

Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.

Where to Buy

Campground Marketplace

Specialized marketplace for buying and selling campgrounds and RV parks

LoopNet - RV Parks

Commercial real estate listings including RV parks and campgrounds for sale

Hipcamp Host

List your property on Hipcamp to understand demand before buying

41/100Fair

Acquisition Score

Profit margin
23/30
Entry multiple
0/25
Market depth
3/20
Risk (charge-off)
15/15
Deal momentum
0/10

Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.

Quick Facts

Category
physical
Difficulty
3/5
Buy price
$1.8M$4.5M

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