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Fitness Center & Gym Startup Financial Model   Excel template (XLSX)
$75.00

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Fitness Center & Gym Startup Financial Model (Excel XLSX)

File Type: Excel template (XLSX)

$75.00
This financial model was crafted by a Financial Modeler and Accountant with over 10+ years of global experience. He has served 750+ clients, from small family offices to billion-dollar corporations, across a multitude of industries.
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DESCRIPTION

This product (Fitness Center & Gym Startup Financial Model) is an Excel template (XLSX), which you can download immediately upon purchase.

I grew up wanting to run my own gym with my two best friends. We never got all on the same page at once, but after researching the prospect I was able to come up with a financial plan to start your own gym / fitness center.

Recent Upgrades: Fully integrated 3-statement model that is connected to all assumptions, capex schedule with depreciation, cap table (for investors and insiders if applicable), and brand new revenue logic that is driven off of total stations and an optimal member count strategy (sources in file).

Opening a gym or fitness center will generally have common things that need to be accounted for no matter where you are and what kind of gym you are starting. There is going to be an initial investment in workout equipment / machines / building or renting of some sort.

And then there is some sort of membership fee that your customers will pay each month to use the space. In general, the point of this template is to test various pricing strategies and drive down to the base unit economics of the endeavor.

The user can see what kind of initial investment will be required, how many customers need to be added over time (and churn is accounted for with a defined average monthly rate) and what the revenue looks like against expected operating expenses.

Final outputs include an annual financial summary / cash flow analysis, and IRR of the entire project. In order to do a proper DCF Analysis, the model lets the user input a potential exit value of the business and the resulting cash proceeds therein. An investor / owner distribution schedule was also built.

The user can define proceeds from investors and how much of the profit share goes to these investors based on that investment. Cash contributions / distributions will then display on a project basis as well as per the investor pool cash flows and owner cash flows.

Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Best Practices in Integrated Financial Model Excel: Fitness Center & Gym Startup Financial Model Excel (XLSX) Spreadsheet, Jason Varner | SmartHelping


$75.00
This financial model was crafted by a Financial Modeler and Accountant with over 10+ years of global experience. He has served 750+ clients, from small family offices to billion-dollar corporations, across a multitude of industries.
Add to Cart
  

OVERVIEW

File Type: Excel xlsx (XLSX)
File Size: 800.2 KB

ABOUT THE AUTHOR

Additional documents from author: 160

I graduated in 2011 with a Bachelors degree in Accounting. From there, I worked at a few small businesses doing financial reporting and some bookkeeping. After a few years of that, I started doing freelance financial consulting work on Elance and Upwork.

After over 400 jobs completed with a 100% success rate, I now run my own modeling/consulting practice and continue to build new financial models every few weeks. [read more]

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