Sky Diving Center – 5 Year Financial Model

Description
Skydiving is the sport of jumping from an aircraft and performing acrobatic maneuvers in the air during freefall before landing by parachute. Skydiving is performed as a recreational activity and a competitive sport and it’s widely considered an extreme sport due to the risks involved. Customers of skydiving businesses receive access to the complete experience, either in tandem with an experienced jumper or solo. The entertainment package includes the airplane ride, all equipment, landing site—also known as the dropzone or DZ—and the leadership/coaching of a jumpmaster. Other products or services might also be offered through the business, from parachute training before the jump to photography or video production of the jump.
This Financial Model presents an advanced 5-year financial plan for a startup Sky Diving Center offering Beginners Tandem Jumps, Sport Skydiving Packages as well as AFF (Accelarated Free Fall) 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 3 different categories of Skyding course & Packages, Ancillary Revenue Sources (Video & Photography Packages, Equipment Rentals, Food & Beverages), 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
• Skydiving Packages & Courses assumptions (List of packages and certificates per 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.