Recreational Equipment Rental Financial Projection Template

Develop comprehensive financial projections essential for investor pitches, loan applications and more. This fully editable Excel template comes with automatically generated 5-year financial statements, over 20+ charts and key metrics, and a video guide.

How it works?

Template price: $

99

  • 5 Year Projected Financial Statements
  • CPA Developed & Completely Customizable
  • Video Guide Included
  • Free Support & Projections Review
  • Compatible with Google Sheets

Based on a decade of financial modeling experience our CPA customized a template built specifically for Recreational Equipment Rental and related businesses.

Create investor and lender-ready projections in hours, not days.

Our CPA developed template enables you to create professional projections based on your unique assumptions.

Create investor- and lender-ready projections in hours, not days.

Enter up to 25 unique types of equipment or categories that you will have available to rent along with financing terms, rental rates, and utilization rates. All you need to do is input your unique assumptions based on your business plan and the template will do the heavy lifting for you.

How it works?

Watch a demo of the template

Save time & money - get organized with our template!

Get the Recreational Equipment Rental Business Template today for $99

The template price: $

99

USD

100% money-back guarantee for 30 days!

Types of businesses that can use this template

Revenue Projection Template Example

Step 1: Purchase and download the template

After purchase, you will download an unlocked Excel file with a ready-to-use financial projection template for your business model. You can also open the file to use in Google Sheets!

Download Now

Step 2: Enter your assumptions on the input tabs

Recreational Equipment Rental Revenue Model

  • You can predict your potential revenue with the Recreational Equipment Rental model. Start by inputting the available rental items like RVs, kayaks, Ebikes, and more. Add rental prices and expected rental frequency. Additionally, you can enter labor costs and potential maintenance supply expenses. The model will then compute your potential revenue and direct costs for your recreational equipment rental business over a five-year period. All the calculated values will automatically transfer to the financial statements.

Recreational Equipment Rental Business Operating Expenses

  • The operating expense model will give you a few suggestions to get you started including some recreational equipment rental industry standard expenses like equipment insurance, order management software, advertising cost and rent for your rental business space. You’ll also be prompted to input any other operating expenses you expect to have. 
  • The model will use the inputs you provide and populate the expenses and cash flows on the financial statements for you. Monthly expenses can be entered as either fixed amounts or variable amounts as a percentage of revenue or on a per unit basis.  
  • You can enter your recreational equipment rental business startup costs and any initial costs you expect to incur during the first 3 months of business in a separate section of the spreadsheet.

The Recreational Equipment Rental General Assumptions Model

  • The general assumptions model will guide you to enter items you’d find on a balance sheet including your fixed assets such as the equipment to be rented and any vehicles, buildings or tools that the business owns. You’ll also need to include any loans, investments, inventory assumptions, and any assumptions for accounts receivable.  You can set financing assumptions for each individual item that you have available to rent.  For example, if you use a loan to purchase the equipment that you then rent out, you can enter in individual loan details for each item. 
  • The model takes your assumptions and calculates the more complicated values for you: think loan amortization, interest expense, depreciation expense, etc.

Salaries for Equipment Rental Businesses

  • The salaries and distributions model is intended to help calculate the monthly expenses for salaried employees. Those expenses may include items like employer taxes and the cost of benefits.
  • This model will also help you to account for any distributions, like dividends or owner draws, that may be taken.

Step 3: The model is automatically updated based on your assumptions

Recreational Equipment Rental Business Financial Dashboard

While viewing the At-A-Glance tab, you’ll see a financial snapshot in various forms, such as graphs, charts, tables, and  financial summaries. These are all generated to be effortlessly copied into a pitch deck or SBA loan application to give a visual representation of the profitability of a recreational equipment rental business.

Financial Statement Tabs

In the Financial Statement tabs, you’ll find six forms of the financial statements: the month-by-month breakdowns of the income statement, cash flow statement, and balance sheet; and then the annual form of the same three financial reports. And without lifting a pinky, you’ll find that our balance sheets always automatically balance.

Investor and Lender Friendly Reports

When we created this template, it was not only with the new business owner in mind, but also with investors and lenders at the forefront. Your template takes your inputs and assumptions in layman’s terms and then generates quality detailed financial pro formas.

Income Projection Chart Example

Recreational Equipment Rental dashboards include:

Tables, charts, graphs and dashboards include:

  • Industry key ratios
  • Graph detailing allocation and use of start-up funds
  • Profit & Loss graph
  • ​​Cash generated from operating activities graph
  • Five years worth of monthly and annual financial statements in the form of the income statements, cash flow reports, and balance sheets.

  • Profit and loss at a glance table

  • Use of start-up funds graph

  • Key ratios table

  • ​Cash generated from operating activities graph

  • Investor dashboard

  • 5 years of monthly and annual income statement, cash flow and balance sheet reports

Download the Template

Step 4: If you need help, we're here

We can fill out or modify any of the templates we sell, and we’re always happy to answer questions.

When you call us, you can speak directly to the developers of the model, not a call center or customer service representative.

Contact us in the most convenient way for you. We're here to help you

If the model doesn’t work for you, we’re happy to provide a refund.

Questions? Get in touch.
Contact Us

What ProjectionHub Customers Think

The cost of the template is estimated at $ 2000

If you hired a CPA to build this template from scratch it would take at least 20 hours of billable time to build a similar template. At an average hourly rate of $100 per hour it would cost you $2,000.

20 hours X $100 = $2,000 value

But we've already done all the work and you don't need to hire a CPA

Save time & money - get organized with our template!

Get the Recreational Equipment Rental Business Template today for $99

The template price: $

99

USD

100% money-back guarantee for 30 days

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Our Projection Protection Guarantee

Love it or Swap it
If the template you purchase is not the perfect fit, our team will help recommend the right template and swap your template for no extra charge. You can rest assured we'll make sure you are using the right template.
Expert Review
After you fill out your template, you can upload your projections to our team where we will do a complete review and then send you a custom video recording of us providing feedback so you can feel confident your projections are investor & lender ready.
See How
Help as You Go
Our team will be standing by so you can get help as you fill out your projection template. Through email and custom video recordings, we will make sure you understand how to complete your projections.
See How

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The ProjectionHub Team

Grace Cisna, CPA

Before joining ProjectionHub, Grace served as an auditor for a public accounting firm in Indianapolis. There, she audited start-up tech companies, major regional hospitals, public manufacturers and everything in between.

As an auditor, she gained insight to the inner workings of all kinds of business models. Grace is a CPA, has a bachelor’s degrees in Accounting and French and a Master’s of Accountancy all from the University of Iowa, where she also taught introductory accounting classes to undergraduates.

Grace loves to use her accounting expertise to serve as an advisor to her clients, helping them understand what it takes to make a business succeed.

Adam Hoeksema — Co-founder ProjectionHub

Adam is the co-founder of ProjectionHub which is a SaaS web application that helps entrepreneurs create financial projections for their business.

Since 2012, over 40,000 entrepreneurs from around the world have used ProjectionHub to help create financial projections.

Adam also serves as the Executive Director of Bankable. Bankable is a Small Business Administration (SBA) lender that makes loans from $500 to $250,000 to Indiana small businesses that are unable to secure financing from a traditional bank.

Adam has managed the loan program since loan #1 in 2010. Since 2010, Bankable has closed over 1,200 loans totaling over $38,000,000. Adam is an entrepreneur at heart and loves working with entrepreneurs to launch and grow their business.

We are available to help you complete your projections

Troubleshoot

We'll answer your questions about how the template works

Customize

We can help you customize your template, add revenue models, expenses or custom charts, tables and graphs -> with our financial modeling services

Frequently Asked Questions

What are the typical startup costs for a recreational equipment rental business?

‍The startup costs for a recreational equipment rental business can vary depending on the types of equipment offered and the scale of operations. Generally, it includes expenses for purchasing or leasing equipment, insurance, permits, licenses, marketing, website development, and initial working capital. Startup costs can range from a few thousand to tens of thousands of dollars.

What financial metrics should I track to evaluate the business's performance?

Key financial metrics to monitor include revenue growth, rental utilization rate (percentage of time equipment is rented), average rental duration, gross profit margin, operating expenses, net profit, and return on investment (ROI). Regularly tracking these metrics will help you gauge the business's health and identify areas for improvement.

How can I determine the rental prices for my equipment?

Setting rental prices requires a careful balance between profitability and competitiveness. Consider factors such as equipment acquisition and maintenance costs, demand in your target market, competitor pricing, and the perceived value of your equipment and services. Conduct market research to find a competitive yet profitable price point.

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