Professional Excel Templates for your Business
Gym Budget Template
Gym budget template – get control of your company’s financials
The gym budget template is a flexible financial planning template for a company operating in a sports industry. The template is applicable to any type of sports – be it a small gym or a developed chain of fitness centers.
This is a useful tool for owners/CFOs of sports business to forecast any type of a company’s financials, such as Revenue (broke down by types of membership and services), Capital expenditures, Payroll expenses, Obligations repayment and Net profit.
Moreover, the gym budget template allows you to see the projected profitability of different types of services you provide. Who knows, maybe some of them are bringing losses to the company?
Within the template, you will be able to input all necessary data including detailed projections for different cost groups, e.g. payroll, rent, marketing expenses, and others. Based on this information, Profit and loss statement (P&L), Balance sheet (BS), and Cashflow statement (CF) will be constructed. Finally, it automatically displays cash flow and ratio analysis, which you will be able to compare to the industry averages. The gym template is supplied with step-by-step instructions, which are given on each worksheet.
Functionality of the Gym Budget Template:
- monthly sales projections by types of membership, class packages and services;
- monthly sales projections of product sales;
- accounting of royalty fees in case of operation under franchise;
- a detailed projection of loan and leases payments;
- payroll expenses breakdown by administrative and operational staff positions, payroll taxes calculation;
- inventory purchases schedule;
- a detailed projection of other types of expenses;
- analysis of different scenarios based on the primary assumptions.
How to buy?
At first, we recommend that you see how the gym template looks in Microsoft Excel. To do so just press the Demo button above and download a demo version, which is exactly the same as the real-life template (except for the worksheets being password-protected).
Then just press the Add to cart button above and follow to the checkout!
Let us do the work for you!
Feel free to contact our team in case you need support with budgeting your company. Our team provides financial modeling services to companies around the world, which is our core business. We have a lot of experience in creating budgets for sports companies and therefore know the specifics of the business. Just drop us a line to [email protected]!
If you require a budgeting template for a different industry, please have a look at similar budgeting templates here at our CFOTemplates.com website. If you don’t see a template that suits your industry, you might consider ordering a customized budget template. Please contact us at [email protected].