The document outlines a gym's projected revenue model over a 24 month period. It estimates the total population that would be willing to commute to the gym each month, calculates the target market size and membership numbers based on market penetration rates. It then projects the monthly membership fees as revenue, starting at $900 in month 1 and increasing each month as more members are added, reaching $17,033 in month 24. Cancellation rates are also factored in.
The document outlines a gym's projected revenue model over a 24 month period. It estimates the total population that would be willing to commute to the gym each month, calculates the target market size and membership numbers based on market penetration rates. It then projects the monthly membership fees as revenue, starting at $900 in month 1 and increasing each month as more members are added, reaching $17,033 in month 24. Cancellation rates are also factored in.
The document outlines a gym's projected revenue model over a 24 month period. It estimates the total population that would be willing to commute to the gym each month, calculates the target market size and membership numbers based on market penetration rates. It then projects the monthly membership fees as revenue, starting at $900 in month 1 and increasing each month as more members are added, reaching $17,033 in month 24. Cancellation rates are also factored in.
Startup Gym Revenue Model Template *You can change the cells in yellow with y
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Month 1 Month 2 Month 3 Month 4
Total Population willing to commute to your gym 100000 100500 101003 101508 Growth Rate of Population 0.50% 0.50% 0.50% 0.50% Percentage of Market that would buy a gym membership 18% 18% 18% 18% Target Market 18000 18090 18180 18271 % of Target Market that hear about your gym each month 10% 10% 10% 10% # of people that heard about your gym 1800 1809 1818 1827 % of those who heard who will visit each month 10% 10% 10% 10% # of visitors 180 181 182 183 % of visitors that will buy a membership 10% 10% 10% 10% # of new members 18 18 18 18 % of members that cancel each month 2.75% 2.75% 2.75% 2.75% # of members that cancel 0 0 1 1 Total # of Members 18 36 53 70 Monthly Membership Fee $ 50 $ 50 $ 50 $ 50 Total Revenue $ 900 $ 1,780 $ 2,640 $ 3,481 hange the cells in yellow with your own data.