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Key Factors for Profitable Summer Camp Business
- Quality Programs and Activities
Industry Insights
- Summer Camp Industry Worth: The market size of the summer camp sector in the United States reached 3.91 billion U.S. dollars in 2019, up from 3.86 billion U.S dollars the previous year.
- Industry Revenue: $15 billion generated annually, with approximately 14 million children attending camps each year.
- Market Size and Revenue: 51% of respondents’ camps make more than $1M per year in gross revenue with over $18 billion streaming through the industry each year.
- Growth Projection: Expert research predicts the global summer camps market will grow from $1.68 billion in 2022 to $2.33 billion by 2030.
Profitability Potential of Summer Camps
- Revenue: Average camp’s gross revenue in 2014 was $1.28 million with overnight camps having the highest revenues ($1.42 million).
- Profitability: Well-managed camps usually enjoy a profit margin of between 25 to 40 percent.
- Cost Range: The average weekly rate for day camp ranges from $199 to $800, while overnight camps will set parents back between $680 and $2,000 a week.
- Owners’ Profits: Monthly profits around $50,000 to $90,000 a year are possible for successful summer camp owners.
Overview of Camp Industry
- Attendance and Revenue: About 5.1 million campers have a camp experience at ACA-accredited camps each year.
- Demand Trend: The demand for summer camps has been steadily increasing, with over 14 million campers attending day and overnight camps annually.
- Ownership Data: Campgrounds have smaller profit margins for owners than summer camps.
- Camp Types: Luxury summer camps can cost up to $14,000 for the entire summer.
- Children Statistics: The industry serves some 26 million campers each year, which is over 30% of U.S. school-age children.
Establishing a Summer Camp Business
- Location: Secure a location with amenities such as cabins, a pool, and a dining hall.
- Startup: Work out logistics, establish registration, secure location, plan activities.
- Client Focus: Successful summer camps respond to client interests, aspirations, and objectives by establishing activities focused on those goals.