Scuba Diving Center – 5 Year Financial Model

Description
Scuba diving affords an unparalleled experience with the underwater world. However, safe diving requires training, equipment, and often a guide. Scuba diving businesses provide divers with the training, equipment, and local knowledge they need to have a fun and safe time under water. With approx. 3.5 million active scuba divers in the United States and 6 million worldwide, there is significant demand for scuba lessons and guided dives.
This Financial Model presents an advanced 5-year financial plan for a startup Scuba Diving Center offering PADI (Professional Association of Diving Instructors) programs & certificates and is a flexible tool for business owners to forecast their financial and operational activities.
The model provides users the option to choose whether the center is purchased or leased and includes assumptions and calculations of Startup Costs, Revenue from 5 different categories of PADI programs & certificates (Youth, Beginner, Advanced, Professional, Emergency Response), Ancillary Revenue Sources (Equipment Rentals, Equipment Service), Cost of Sales & Operating Expenses, Fixed Assets & Depreciation, Financing through Debt & Equity and Exit Valuation assumptions in case of a potential sale of the business.
The structure of the template follows Financial Modeling Best Practices principles and is fully customizable.
Detailed instructions for the functionality of the model are included in the Excel file.


Model Inputs and Setup Reports:
• General Setup Assumptions, incl. Starting Expenses, Center Ownership method (Acquisition or Lease), Sources of Revenue & Cost of Sales Assumptions, and Financing (Debt & Equity)
• Payroll, OpEx, and Annual Capex, incl. Depreciation Schedule
• PADI Programs assumptions (List of programs and certificates per Program category, fees per program, number of annual programs)
• Annual Calculations and Monthly Budget Allocation


Starting Year Output Reports:
• Yr1 Budget and Actual Reports
• Yr1 Profit & Loss Statement Summary
• Yr1 Budget vs. Actual Variance Analysis at a YTD and Monthly level


5-Year Forecast Output Reports:
• Annual Financial Statements (3 Statement model)
• Break-Even Analysis
• KPIs & Financial Ratios, including several Profitability, Efficiency, Liquidity, and Leverage (Solvency) Ratios
• Dupont Analysis
• Performance Dashboard
• Business Valuation, including DCF Model, Return Metrics (NPV, EV, IRR, MOIC, ROI, etc.), and Sensitivity Analysis
• Investors Returns Waterfall Model
• Professional Executive Summary


Help & Support
Committed to high quality and customer satisfaction, all our templates follow best-practice financial modeling principles and are thoughtfully and carefully designed, keeping the user’s needs and comfort in mind.
Whether you have no experience or are well-versed in finance, accounting, and the use of Microsoft Excel, our professional financial models are the right tools to boost your business operations!
If you experience any difficulty while using this template and cannot find the appropriate guidance in the provided instructions, please feel free to contact us for assistance.
If you need a template customized for your business requirements, please e-mail us and provide a brief explanation of your specific needs.