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LESSON 1 — THE CORRECT ORDER OF EVENTS

A PROCESS, NOT AN EVENT

Buying a campground isn’t one decision — it’s a series of steps, each designed to reduce risk for both the buyer and the seller. The buyers who understand the process move through it with greater confidence and far fewer surprises. And here’s the key idea behind this entire module: each step earns the right to the next.

THE CAMPGROUND BUYING ROADMAP
1Qualified Buyer2Initial Review3Questions4Offer5Accepted6Due Diligence7Financing8Closing9Ownership

Keep this roadmap handy — nearly every lesson that follows is one stop along it.

THE PROCESS, STEP BY STEP

1
Become a Qualified Buyer
  Budget
  Down payment
  Financing options
  Ownership goals
2
Review the Initial Information
  Property overview
  Revenue summary
  Photos
  Location
  General business information

Ask yourself: “Does this campground fit my goals?”

3
Ask Reasonable Preliminary Questions
  Why is the owner selling?
  Is seller financing available?
  Is expansion possible?
  Are there any major known issues?

You’re gathering enough to decide whether the opportunity is worth pursuing.

4
Decide Whether to Move Forward

Not every campground deserves an offer. If it fits your budget, lifestyle, and experience — and appears financially viable — it’s time to move ahead.

5
Visit the Site

Walk the property in person before you write anything. You’re confirming it’s worth an offer — not running formal inspections yet.

6
Submit an Offer (LOI or Purchase Agreement)
  Purchase price
  Financing terms
  Due-diligence contingency
  Closing timeline
  Other negotiated terms

An accepted offer opens the door to due diligence.

7
Begin Professional Due Diligence
  Financial records & tax returns
  Utility systems & engineering documents
  Well, septic, permits & environmental
  In-depth inspections

This is where facts replace assumptions.

8
Finalize Financing

With due diligence complete, work with your lender to secure financing and satisfy any remaining loan conditions.

9
Closing & Transition

Transfer licenses, contracts, and utility accounts, take over operations — and begin running your new campground.

THE BIGGEST MISTAKE BUYERS MAKE

Many buyers try to jump straight from the initial summary to full due diligence — asking for every confidential document before they’ve shown they’re a serious buyer. That’s simply not how campground transactions work, and it stalls more deals than almost anything else. The process exists to protect both sides.

Think of it like dating.

You don’t ask someone to hand over their whole life story the first time you meet. You get to know each other, build a little trust, and decide whether you’re a good fit — then you move forward. Buying a campground works much the same way. Each step builds the confidence the next one requires.

HG
Harold’s Take
Harold Goehring · Founder

“Steps one through four just tell you whether you’re interested. But before you ever write an offer, go stand on the property. Walk it, kick the gravel, look at the sites and the roads and the office. Then submit your LOI. You don’t run your full due diligence first — that comes after — but in all my years I’ve never once told a buyer to make an offer on a park they hadn’t laid eyes on in person. See it, then offer.”

LESSON TAKEAWAY

Every step in the buying process has a purpose. Trying to skip steps usually creates frustration, delays, and missed opportunities. Successful buyers respect the process — because they understand it protects everyone involved.

“The right information comes at the right time. Trust the process, and let each step earn the next.”