Fitness Studio Scaling Economic Model (15-Year) (Excel XLSX)

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BENEFITS OF THIS EXCEL DOCUMENT

1. It empowers you to plan studio expansion over up to 15 years, with fully integrated three-statement projections that update instantly as inputs change.
2. It offers flexible CAPEX and leverage options--complete with interest-only periods, term loans, and refinancing triggers--so you can accurately model each phase of your growth.
3. It delivers clear financial insights through built-in KPIs, automated distribution tracking, and IRR calculations, making it easy to evaluate and refine your investment strategy.

INTEGRATED FINANCIAL MODEL EXCEL DESCRIPTION

This product (Fitness Studio Scaling Economic Model [15-Year]) is an Excel template (XLSX), which you can download immediately upon purchase.

This template is designed to help you forecast and plan the expansion of your studios (or any similar business) over the long term—up to 15 years. It's packed with features that make it easy to map out costs, revenues, and profits for as many new locations as you want. You can turn on or off different time periods (1 to 180 months) and customize up to 36 studio "tranches" to see exactly when each one will open, how much each will cost, and how the debt financing will work. Plus, the model automatically ties everything into a three-statement financial framework (Income Statement, Balance Sheet, and Cash Flow Statement) so you can track your project's overall health at any point.

One of the most impressive parts of this tool is how it handles capital expenditures (CAPEX) and financing. You can define multiple categories of startup and ongoing expenses, then decide which portion gets financed with debt. The debt itself is flexible, too—you can use a master line of credit that converts from interest-only to an amortization schedule, or you can apply separate term loans for each tranche. You can even add a reserve for future equipment replacements and measure your business's ability to service all this debt with a built-in debt-service coverage ratio (DSCR).

Revenue and operating costs are just as dynamic. If you're working in the fitness industry, set your maximum member capacity, tiered membership pricing, and expected price increases. Or, if you're in another type of retail, treat "max members" as "max customers" and use the pricing inputs to approximate average monthly sales. On the operating side, you can stagger costs to begin either when the lease is signed or when the studio opens, and even plan for costs that escalate over time as the location reaches full capacity. Everything is built to accommodate growth and change, all while giving you clear visuals and summary KPIs—like average gross profit per studio—to help keep you on track.

Finally, the template provides multiple ways to manage equity contributions and investor distributions, giving you a real-world sense of investor returns (through IRR, equity multiple, and more). Because it's a fully unlocked Excel file, you can modify the logic, inputs, or outputs however you see fit. In short, it's a powerful yet intuitive model that makes it simple to test different scenarios, from the most conservative expansions to rapid-fire growth across dozens of studios—all while staying on top of your financials every step of the way.

Source: Best Practices in Integrated Financial Model Excel: Fitness Studio Scaling Economic Model (15-Year) Excel (XLSX) Spreadsheet, Jason Varner | SmartHelping