Gym Class Financial Template Spreadsheet

View our gym class based template that is perfect for startup and fundraising planning. Our template makes DIY gym class based projections a breeze with reliable results. Buy your class based gym template from ProjectionHub today!

How it works?

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.

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.

Built for class-based gym specifically  —our ProjectionHub software has been used by over 40,000 businesses to develop financial projections. Based on this experience we decided to create a customized Excel template that makes creating SBA and investor-ready financial projections for class-based gym incredibly simple.

How it works?

Watch a demo of the template

Save time & money - get organized with our template!

Get a class-based gym template now for $99

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The template price: $

99

USD

100% money-back guarantee if you are not satisfied.

Step 1: Purchase and download the template

After purchase, you will download an unlocked Excel file with a ready-to-usefinancial projection template for your business model

Get the template

Step 2: Enter your assumptions on the input tabs

The Revenue Model

  • The revenue model will help you predict your number of regular users based on advertising spend and gym capacity. From there, you will set the spend per month for users participating in your various membership plans or pay-per-class programs.
  • ​ You will also be able to predict revenue and cost of goods sold from food and drink and merchandise sales if they apply to your gym.



The Operating Expense Model

  • You will be guided to enter your other expenses in the operating expense model, which includes some suggested line items and amounts to help you get started.
  • ​This model will populate the expenses and cash flows on the financial statements for you. You can enter your monthly expenses as either fixed amounts or you can set them as a percentage of revenue for variable items like payment processing fees.
  • ​The first three months of the model are broken out separately so that you can enter start-up expenses.

The General Assumptions Model

  • The general assumptions model will guide you to enter balance sheet items such as fixed assets, loans, investments, inventory assumptions, and accounts receivable assumptions.
  • The model will have you input some basic data and then it will calculate the difficult things for you: loan amortization, interest expense, depreciation expense, inventory purchases, etc.

The Salaries And Distributions Model

  • The salaries and distributions model helps calculate monthly expenses for salaried employees, including items like employer taxes and benefits.
  • This model also helps you plan for distributions (dividends, owner draws) made to owners.

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

At-A-Glance Tab

The At-A-Glace tab shows you a financial snapshot in the form of graphs, charts, ratios, and financial summaries, all ready to be copied into a pitch deck.


Financial Statement Tabs

There are six Financial Statement tabs: the annual formats of the income statement, cash flow statement, and balance sheet, and the month-by-month breakdowns of the same financial statements. Our balance sheets always balance, automatically.

Investor Friendly Report

Any investor or lender will love this template as it presents all the crucial information they need to know in plain terms. They can also be given the template or a copy of your template in order to play with the inputs by editing any of the marked fields, giving maximum engagement for funders.

Tables, charts, graphs and dashboards include:

Tables, charts, graphs and dashboards include:

  • Profit and loss at a glance table
  • Use of start-up funds graph
  • Key ratios table
  • ​​Cash generated from operating activities graph
  • ​5 years of monthly and annual income statement, cash flow and balance sheet reports
  • 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

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.

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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 insinullght 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.

What others have to say about our templates

We are available to help you complete your projections

Troubleshoot

We'll answer your questions about how the template works

Customize

We'll help you customize your template, add a cafe, bookstore, or brewery to your coffee shop

Frequently Asked Questions

Is a gym a profitable business?

Yes, of course this depends completely on your gym model. You might choose our class-based model or our gym budget template for help.  Some gyms provide very little personal service and simply charge a low monthly fee for access to equipment, while other gym models are high touch models with a high monthly fee.  Your model will be the most important factor in the number of members you need in order to reach profitability.  

Is a gym a good investment?

Before you judge whether a gym is right for you to invest, you should first evaluate a few key decisions. First, if you open a franchise gym, you may gain more stability and have an easier time in the beginning; however, by going independent you have more freedom in choosing your target customer group and operating hours. In addition to initial investment, you need liquid capital on hand to deal with a fluctuating business environment. Our gym financial model can help you build a projected return on your investment.

What is a good profit margin for a gym?

According to ihrsa research, you should aim for a profit margin close to 20%

What does the average gym owner make?

According to Trafft research, an average gym owner’s annual income can range between $27,000 to $78,000.  Of course your income can vary depending on your ability to market, sell, operate and retain members.  

How much does it cost to own a gym franchise?

According to nerdwallet research, in addition to your initial startup fee for equipment and other necessary items, you would need to pay an additional $15,000-$30,000 fee for the franchise package for many of the most popular fitness franchises.  Some gym models have very little equipment, such as a Crossfit model, compared to a Planet Fitness which will have dozens and dozens of machines available for members.  

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 a class-based gym template now for $99

BUY

The template price: $

99

USD

100% money-back guarantee if you are not satisfied.

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