Fitness Center/Gym: Startup Financial Model - 10 Year

A tool to help forecast the cash flow and cash requirement of starting a gym or fitness center. Includes fully integrated 3 statement model.

by Jason Varner
smarthelping.com - Financial Modeling for EveryoneFollow 158

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Description
Recent Upgrades: Integrated monthly and annual Income Statement, Balance Sheet, and Cash Flow Statement as well as a cap table, capex (for equipment) with depreciation logic, and brand new revenue driving assumptions that are based on optimal membership count and a percentage attained over time.

There is a lot going on with this model and therefore it will be important to read the instructions and watch the video. The assumptions are designed to be simply to play with and the summaries give a high level overview of the various financial metrics as well as IRR information.


The model goes up to 10 years out in time, but you can pick any month as your month of exit. Revenue and expense logic are granular enough to be called bottom up and you can pick the start month of your expenses individually.


The executive summary isolates the key P&L lines, including revenue, expenses, EBITDA, debt service, CapEx, and discounted cash flows. You will also see the IRR % here. There are multiple exit value techniques to choose from as well.


The monthly and annual P&L's go deeper into each of the assumptions and show a granular look at all the pieces of your cash flow.


Financing variables are also integrated directly into the P&L's and you can simply enter 0's if anything is not applicable. Instructions and a tab index are included. In addtion, there is an accompanying instructional video that has bookmarks enabled to allow the user to easily save the moments in the video that need to be revisited or may require special attention.

This Best Practice includes
1 Excel template and 1 tutorial video