Box Startup Cost Calculator & Financial Projections Spreadsheet
Welcome current and future functional fitness box affiliate owners. If you’re looking for an Excel spreadsheet to help you plan your box’s profitability and do financial forecasts, you’ve come to the right place. Use the spreadsheet below to figure out your monthly operating costs and determine if you’re running a profitable fitness business (or if you’re running at a loss). It’ll help you figure out the startup costs of your fitness box in no time! The spreadsheet below is a perfect budget & gym cost calculator for your box fitness business.
You can use the box calculator below to figure out your profit and loss numbers. Simply add a column to take into account your initial investment and then see how long it will take to pay off your box investment. If you so choose, you can add a monthly calendar page to figure out the daily profit of your business. Simply input the number of days for each month and then divide your monthly operating revenue by the days per month. Now you’re got daily operating revenue. You can also track other key metrics for your fitness business, whatever they may be.
If you’re looking for investors for your business, use the excel below to do monthly and yearly financial projections for your box. You can show these numbers to your investors to forecast the financial feasibility of your fitness business. Is your business going to be worthy of investment? Use the spreadsheet below and you’ll be able to find out.
The excel costs & revenue spreadsheet is at the bottom of this page. Scroll down to download it. It’s a great fitness affiliate template to get started with. It might not be perfect, but it provides cost tracking and financial forecasts. You can use it to produce financial statements for your box, as well as keep track of your yearly profit results. If you’re looking for a good excel spreadsheet for your business, this is it. Fill out the important area like trainer wages, affiliation cost, equipment fees, insurance premiums, and then input the amount of members you anticipate having during each month. You’ll be able to get a good idea if your fitness box business will be successful.
Feel free to add more columns to our box spreadsheet as well. Though it’s not the most basic spreadsheet, we wanted to make sure that it worked for as many different box fitness centers as possible. If you’re skilled in Excel, dissect the spreadsheet and make it your own. Add columns, formulas, the works, and you’ll be well on your way to having the hottest P&L spreadsheet in town.
If you’re looking for a way to increase your box’s membership, check out FitnessTexter, our text message marketing service guaranteed to increase your functional fitness box’s membership count.
What Is FitnessTexter?
FitnessTexter turns your business name into a custom texting code that you can put on anything; website, Facebook page, Instagram pictures, business cards, marketing flyers, email signatures, anything!
When someone texts your code to 95577, the person receives a “Free Week Pass” coupon to your gym, and you(the gym owner) get an email with that person’s contact info. Coupon is customizable: “Free Week Pass”, “Free Intro Session”, etc.
Here’s a Gym Using their Custom Texting Code on Facebook
FitnessTexter has been really great for driving traffic to our Boot Camp & CrossFit programs. It’s a great way to get people to try out what we have to offer, without devaluing our services. We did a few daily deal sites a couple of years ago, and while they drove lots of people to our boot camps, the retention wasn’t nearly as good as we’ve found with FitnessTexter. We won’t do a daily deal ever again, but we’ll stick with FitnessTexter. Thanks!
We’ve been very excited and thankful for the boost in membership that FitnessTexter has brought to the box. It is an easy and inexpensive way to create new leads and then turn them into clients. We promote the deal using our website, Facebook page, and a few flyers to offer free trials for potential members.
The FitnessTexter service has really helped with getting people in the gym doors for their first times. It allows them to come in less intimidated knowing they don’t have to sign a commitment to anything. Most people that came in using the FitnessTexter deal ended up signing a contract before their free week was up!
Have you ever wondered how much functional fitness box gym owners earn and profit from their business? Use this spreadsheet below to find out.
If you’re thinking about opening a box, use our functional fitness box business plan template to start planning.
We put together a 100% free, totally-automated spreadsheet that will help you figure out how long it will take to turn a profit at your functional fitness box.
It’s extremely simple to use the Boost Fitness Marketing Functional Fitness Box Financial spreadsheet.
Step 1: Download the Spreadsheet by clicking the “Download” link at the bottom of this page.
Step 2. Open the Box Excel file (Only change values inside yellow cells. All other cells are automatic.)
Step 3. Enter in your rent cost, utilities cost, insurance cost, membership fee, and trainer wage.
Step 4. Type in the number of members you anticipate having during each month of business.
Step 5. Type in the amount of trainer hours you’ll be paying each month. Use the included calculator to figure it out.
Step 5. Enter in your affiliate fee and equipment purchase cost.
By adjusting all the of values in the YELLOW cells, you can see how your finances will change your earning potential and profitability. Double the monthly membership fee and keep the membership volume steady. Double trainer wage and reduce hours. Anything you need to figure out, this spreadsheet will do it.
This is a totally free tool for box owners. All we ask is that you keep FitnessTexter in mind when you start advertising your new box. Thanks and enjoy!
Boost Fitness Marketing LLC is not affiliated, connected or associated with the CrossFit, Inc or any of its subsidiaries. CrossFit, Inc. does not sponsor, approve of, or endorse Boost Fitness Marketing LLC. CrossFit is a registered trademark of CrossFit, Inc. All products mentioned are registered trademarks or trademarks of their respective companies. Their use does not imply any affiliation with, endorsement by, or certification by the respective trademark holder.