Hunting Cabin Rental Business Plan, Marketing Plan, How To Guide, and Funding Directory
The Hunting Cabin Rental Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start a Hunting Cabin Rental business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.
Your Business Planning Package will be available for download after your purchase.
Product Specifications (please see images below):
- Bank/Investor Ready!
- Complete Industry Research
- 3 Year Excel Financial Model
- Business Plan (26 to 30 pages)
- Loan Amortization and ROI Tools
- Three SWOT Analysis Templates
- Easy to Use Instructions
- All Documents Delivered in Word, Excel, and PDF Format
- Meets SBA Requirements
Hunting cabins are popular destinations among people that enjoy the outdoor sports. In some cases, there are certain with the investment firms that seek to acquire or develop small hunting cabins that can be rented to hunters on a ongoing basis. These businesses tend to do well in any economic climate given that most hunters see their outdoor activities as part of their overall lifestyle. As such, even during times of economic recession most hunting cabin rental companies are able to remain profitable and cash flow positive. The principal difference between a hunting cabin rental business in the hunting lodge is that most lodges operate in a much greater hospitality capacity. With hunting cabin rentals, the only real amenity provided to the hunter is the actual cabin as well as utilities. These businesses have very low barriers to entry is will as well as low start up costs. Most hunting cabin rental businesses can be started for as little as $100,000 and with that money several properties in cabins can be acquired and were developed. The gross margins generated from rentals typically exceeds 95% unless there is bad debt expense associated. Given the rural nature of these cabins, there is very little as it relates to property management expenses or cleaning expenses. Most hunters are generally very respectful of property and will clean up when they leave.
As it relates to the marketing plan associated with a hunting cabin rental business, many businesses these days will use websites such as AirBnB.com and VRBO in order to book rentals on a daily, weekly, and monthly basis. Additionally, there are a number of other online portals allow individuals that have hunting cabins to showcase short-term leases, nightly rentals, and other arrangements that can be made on behalf of a single hunter or a group of hunters. The cost associated with this type of marketing are minimal given the fact that these online portals typically take a fee equal to 10% of the overall rent. While this may seem like a very large expense, it is only done on a commission basis which kind of makes it worth it. In addition to using popular platforms that allow for third-party rentals, the hunting cabin rental business also should develop its own website that showcases the properties that are available and their pricing information. E-commerce functionality can be embedded into this website so that individuals can reserve days from which they will be at the locations. The cost associated with developing the website typically is around $2,000. Beyond that, there’s very little marketing that is needed by these businesses. Some larger scale companies to take out advertisements and popular sporting magazines and hunting magazines, this is typically only reserved for very high-end properties. In which case, the expense associated with taking up these advertisements can produce a substantial return on investment.
If an entrepreneur is seeking financing in order to launch the operations of this business, then a hunting cabin rental service business plan needs to be developed. Given that there is going to be the acquisition of a substantial amount of real estate coupled with property, most banks and lenders are willing to provide the necessary capital in order to get these operations off the ground. The business plan submitted to the bank should feature a three year profit and loss statement, cash analysis, breakeven analysis, balance sheet, and business reaches page. Special attention to should be paid to the fact that there are going to be a substantial amount of tangible assets on the company’s balance sheet that are focused on land and real estate structures.
Within the business plan, a demographic analysis showcasing the anticipated average customer the business should be included as well. This includes taking a look at median income, how far waiter going to travel, how much they’re willing to spend on a nightly basis for a hunting cabin rental, and the type of game they will be hunting low on the property. This demographic analysis can be used in conjunction with a marketing campaign that targets hunters and outdoor sports people.
A hunting cabin rental service SWOT analysis should be produced as well to focus on the strengths, weaknesses, opportunities, and threats that are faced by these businesses. For strengths, these businesses are always in demand among hunters that are looking to broaden their horizons in regards to the geographic reason regions from which they hunt. The gross margins generated are high and the barriers to entry are considered to be low. These businesses tend to do well even during times of economic recession given that hunters are always going to want to engage in this activity especially during the busy fall seasons.
For weaknesses, these are somewhat limited. In any market there are a number of rentals are available, but by operating specifically as a hunting cabin rental business the company can properly differentiate itself from other facilities within any given market. The operational cost associated these businesses are low although carrying cost can be high depending on the property acquired.
For opportunities, when the ways of these businesses can easily expand is by developing ongoing properties from which hunters can engage in hunting. Once the business has become profitable, many banks and investment firms are willing to provide the necessary capital to acquire additional properties in order to boost the revenues of the business. Additionally, some companies will also provide amenities such as hunting dogs, target practice ranges, and other things are commonly used by hunters during the course of their travels.
For threats, outside of any make major regulatory change regarding hunting there’s really nothing is going to impact the way that these companies do business. Hunting has been around for millennia and people continue to want to engage in this activity in each new hunting season. As such, outside of a major economic recession that would have an impact across the board on everyone – there’s very little that a entrepreneur that enters this business needs to worry about moving forward.