Background
You have a couple of acres of land unused on your farm and you’re thinking of setting up a campsite.
A plan is emerging and you have in mind to install a mixed economy of pitch types. Perhaps 30 pitches.
A season of 8 months is what you have in mind.
The exercise is simple:
Problem
“How much net operating income will I make from a 30 pitch campsite?”
Research
You find the following inputs which you’ll use for your plan:
- Average pitch price per night £22.00
- Average monthly occupancy:
- Mar 30%
- Apr 40%
- May 55%
- June 50%
- July 60%
- Aug 70%
- Sept 38%
- Oct 30%
- 244 total nights of trade in the season
- 30 pitches: 15 standard at £19.00 per night / 15 premium pitches at £25.00 per night
- Net operating income percentage: 37%
Solution
Use the Campsite Financial Analyser to calculate the solution to the problem above.
Go To Part 15: https://campsitebusinessplan.co.uk/knowledge-base/2-campsite-business-case-study