Embed Size (px)
DESCRIPTION
By: Henri Claudon. Nature of business. A facility wher e people can come: work out swim Play sports And train for anything Body build Build cardio On their own Be trained by professionals. Last Rep Fitness. Service department as the Fitness center - PowerPoint PPT Presentation
Citation preview
By: Henri Claudon
A facility where people can come: work out swim Play sports And train for anything Body build Build cardio On their own Be trained by professionals
Nature of business
Service department as the Fitness center
With a retail department concession stand
Name stands for the most important lifting rep of a work out.
Last Rep Fitness
Products and servicesOur service
department includes Member ship monthly
sales multiple cardio training
machines weight machines gym with basketball
hoops swimming pool.
Our retail department
includes
Concession stand
Apparel stand
Business hours Pool
Open 24/7 Physical trainers
strictly business hours
Only open from 6am-9pm
On McKnight road
Opening up at the old LA fitness
Attend and major in business school for four years.
Take multiple classes on how to run a business
Manage a local fitness center and find out things and learn from their mistakes.
Background Entrepreneur
Owner 3 Cashier (also clean at end of shift) $7.25hr 3 Personal Trainer (business hours only) 11Hr
Job Titles
Cashier: One cashier at a time=$5,394 Physical trainers one at a time=$440
Monthly wages
Physical trainers: four job shaddowings Give them a tour Introduce them to all the people their Two passing evaluations from people they
trained
Hiring Process
LA fitness Fitness 19 Anytime fitness Club Julian Stick with it fitness
Competition
24/7 hours Bigger facility Cheaper pricing for more product Location training
Why people are going to choose us
On MCKnight Road
Last Rep Fitness
Income Statement
For Month Ended Dec 30 2012
June July August September October November
Revenue from new members $ 825.00 $ 825.00 $ 825.00 $ 825.00 $ 825.00 $ 825.00
Avg. new members per month 15 15 15 15 15 15 15
Avg. Purchase Price $ 55.00 $ 55.00 $ 55.00 $ 55.00 $ 55.00 $ 55.00 $ 55.00
Revenue from existing members
Avg. members per month 400 $ 12,000.00 $ 12,000.00 $12,000 $12,000 $12,000 $12,000
monthly membership fee $ 30.00
total revenue $ 12,825.00 $ 12,825.00 $ 12,825.00 $ 12,825.00 $ 12,825.00 $ 12,825.00
Operating Expenses:
Owner's Yearly Salary $ 40,000.00 $ 3,333.33 $ 3,333.33 $ 3,333.33 $ 3,333.33 $ 3,333.33 $ 3,333.33
Wage Expense $ 2,000.00 $ 2,000.00 $ 2,000.00 $ 2,000.00 $ 2,000.00 $ 2,000.00
Rent Expense $ 4,000.00 $ 4,000.00 $ 4,000.00 $ 4,000.00 $ 4,000.00 $ 4,000.00
Advertising Expense $ 16.50 $ 16.50 $ 16.50 $ 16.50 $ 16.50 $ 16.50
Supplies Expense $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00
Utilities Expense $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00
Cell phone & Internet $ 30.00 $ 30.00 $ 30.00 $ 30.00 $ 30.00 $ 30.00
Insurance Expense $ 60.00 $ 60.00 $ 60.00 $ 60.00 $ 60.00 $ 60.00
Loan Payment $ 500.00
Total Operating Expense $ 11,039.83 $ 11,039.83 $ 10,539.83 $ 10,539.83 $ 10,539.83 $ 10,539.83
Net Income $ 1,785.17 $ 1,785.17 $ 2,285.17 $ 2,285.17 $ 2,285.17 $ 2,285.17
Last Rep Fitness
Start Up Costs
Note: Required Start-up Funds for New Business
Required Start-Up Funds Amount Totals
Fixed Assets
Technology $ 2,009.00
Equipment $ 65,100.00
Furniture and Fixtures $ 6,400.00
Other Fixed Assets $ 2,100.00
Total Fixed Assets $ 75,609.00
Start-up Costs (one-time)
Legal and Accounting Fees $ 1,000.00
Licenses $ 1,000.00
Rent Deposit $ 4,000.00
Utility Deposit $ 1,000.00
Other one-time costs $ 100.00
Total Start-up One-time Costs $ 7,100.00
TOTAL START-UP COSTS $ 82,709.00
Note: Copy from Income Statement
Operating Expenses One-Month
Cost of Goods Sold $ 2,000.00
Owner's Yearly Salary $ 3,333.00
Wage Expense $ 2,000.00
Rent Expense $ 4,000.00
Advertising Expense $ 16.50
Supplies Expense $ 100.00
Utilities Expense $ 1,000.00
Cell phone & Internet $ 30.00
Insurance Expense $ 100.00
Total Operating Capital $ 12,579.50
Six-Month Operating Expenses + One-time Costs $ 75,477.00
Total Start-up Funds Required $ 158,186.00 **Start-up Funds + Six-Month Operating Expenses
Last Rep Fitness
Equipment List
Note: List any Equipment needed for start-up
Required Equipment for Start Up Amount Total Resource
Technology
Computer(s) $ 650.00 amazon.com
Printer(s) $ 19.00 amazon.com
Phone(s) $ 40.00 amazon.com
Web Page $ 200.00 amazon.com
mirrors $ 1,000.00 amazon.com
Cash Register(s) $ 100.00 amazon.com
Total Technology Cost $ 2,009.00
Equipment
lifting bench press machine with bars $ 1,500.00 Dunhams.com
squat machines $ 2,000.00 Dunhams.com
tred mills and elipticals $ 60,000.00 Dunhams.com
wrestling mat $ 600.00 Dunhams.com
basketball hoops $ 1,000.00
Total Equi;pment Cost $ 65,100.00
Furniture & Fixtures
lockers $ 250.00 amazon.com
bathroom and shower $ 6,000.00 amazon.com
water fountain's $ 100.00 amazon.com
chairs $ 50.00 amazon.com
amazon.com
Total Furniture Cost $ 6,400.00
Other Assets
medicine balls $ 100.00 Dickssportinggoods.com
dumbells $ 2,000.00 Dickssportinggoods.com
Total Cost of Other Assets $ 2,100.00
TOTAL COST OF EQUIPMENT $ 75,609.00
Opens November 10 2022
Last Rep Fitness
