Gymnastic Instruction Business Plan Sample

Do you want to start a Gymnastic Instruction business plan?

Do you want to learn how to start a gymnastics business? If you do, you’re at the right place. Starting any business requires thorough planning and preparation. And the best way to do this is through a gymnastics instruction business plan sample.

Every business requires a business plan. Some even require multiple. For example, a Gymnastic instruction business would also require a personal trainers business plan as well depending on the scope of your gymnastic business plan.

Starting a business may be hard, but if you are well-prepared, it can go as smoothly as possible. You can even take help from experts to make sure that you have everything set up perfectly. The first part of starting any gymnastic business plan is to develop a good business plan for investors because no matter what the business, you will require funds for starting.

Here, we are presenting the business plan for a gymnastics instruction center called Flip Ahead. You can follow this template to develop a business plan for your gymnastic business plan.

Executive Summary

2.1 Business & Mission Statement

Flip Ahead will be a gymnastic instruction and training facility aimed at providing the best training to both kids and adults. We will provide different programs for people with different skill levels and abilities. And our program will offer special instruction and facilities to the people who want to compete in the domain. It will be the mission of the company that all our customers are not only satisfied but leave healthier and stronger every session.

2.2 Management of Gymnastic Instruction Company

Starting a gymnastic business plan is no easy feat which is why you have to be diligent with every aspect. Starting a gymnastics club requires proper management at every step along the way.

To make sure that everything is being considered properly, you can also take help from business consulting services. You can also make sure that your gymnastic business plan contains all the technical, financial, and marketing details to make your business a well-managed venture.

If you want to know how to open a gymnastics business, you can go through the details in this document. You can also read other gymnastics business plans to thoroughly understand all the requirements of a gymnastic business plan.

In this plan, we are providing all the details of building a gymnastics facility for Flip Ahead.

2.3 Customers of Gymnastic Instruction Company

The customers base of Flip Ahead will be based on the people who are already keen on gymnastics or people who are invested in learning the sport. The main target customers of the company will include:

• Novice Kids/Teens
• Athletes/ People looking to compete
• Adults needing Recreation
• Educational Institutes

2.4 Business Target

The target of the company is to become a reliable source of instruction for the people so that our customers can come to us at any expertise level and gain the best results.

The financial targets that Flip Ahead wants to achieve within the next five years are shown below for reference:

Franchise Business Plan

Helps the franchisee get business case approval from the franchisor

Company Summary

3.1 Company Owner

Flip Ahead will be started and owned by Harriot Jenkins. Harriot completed her Bachelor of Science in Sport and Exercise Science a few years ago after which she became an integral part of a physical recovery and wellness institute. There, Harriot served for 2 years before she decided to pursue a business in the domain.

3.2 Company History

Flip Ahead was the result of the idea and inspiration of Harriet Jenkins who wanted to provide a place where everyone could come to increase their physical health and stability. Harriet realized that there was a lack of proper instruction in gyms and other sports facilities which led to a lack of people willing to invest in a healthier lifestyle despite wanting to. Therefore, she decided to solve this problem through a business targeted exactly at the core of the problem.

3.3 How the Gymnastic Instruction company will be started

Step1: Business Plan and Planning

The first answer to the question of How to open a gymnastics business? is as simple as planning. An idea comes to life by formulating a plan and then executing it. In business terms, this planning is done through a gymnastic business plan. This gymnastic business plan is developed for the purpose of planning how to start your own gymnastics club so that Flip Ahead is extensively planned out for.

Step2: Select a Name

Step3: Decide on a Location

A business cannot exist without a base. And a gymnastic business plan such as a gymnastics facility requires both an office and a space to establish the club. Harriot decided on a 3-room space for setting up Flip Ahead.

Step4: Get Funding

It is important to make sure that you are safe from all sides which means getting insurance for gymnastics facilities. Understanding this, Harriot started the insurance process right away.

Step5: Promote and Market

The final step is to make a brand out of your gymnastic business plan and market that brand relentlessly.

Start-up Expenses
Legal	$102,400
Consultants	$0
Insurance	$22,200
Rent	$32,600
Research and Development	$10,000
Expensed Equipment	$52,200
Signs	$3,400
TOTAL START-UP EXPENSES	$222,800
Start-up Assets	$200,400
Cash Required	$202,000
Start-up Inventory	$39,000
Other Current Assets	$222,000
Long-term Assets	$187,000
TOTAL ASSETS	$850,400
Total Requirements	$1,073,200
START-UP FUNDING
Start-up Expenses to Fund	$222,800
Start-up Assets to Fund	$850,400
TOTAL FUNDING REQUIRED	$1,073,200
Assets
Non-cash Assets from Start-up	$1,089,800
Cash Requirements from Start-up	$102,000
Additional Cash Raised	$50,000
Cash Balance on Starting Date	$35,000
TOTAL ASSETS	$1,276,800
Liabilities and Capital
Liabilities	$18,500
Current Borrowing	$0
Long-term Liabilities	$0
Accounts Payable (Outstanding Bills)	$50,000
Other Current Liabilities (interest-free)	$0
TOTAL LIABILITIES	$68,500
Capital
Planned Investment	$1,073,200
Investor 1	$0
Investor 2	$0
Other	$0
Additional Investment Requirement	$0
TOTAL PLANNED INVESTMENT	$1,073,200
Loss at Start-up (Start-up Expenses)	$135,100
TOTAL CAPITAL	$1,208,300
TOTAL CAPITAL AND LIABILITIES	$1,276,800
Total Funding	$1,073,200

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Services

Building a gymnastics facility requires much more than bricks and equipment. Every aspect of the facility needs to be mapped out perfectly beforehand in the business plan for gymnastics club. Even a detail such as the range of services needs to be thought out beforehand as this information is used in marketing.

Understanding the importance of elements of gymnastics business plan, the details of services of Flip Ahead are presented below. You can also utilize a business plan for a trampoline business or something related to understanding how services should be mentioned.

The services provided by Flip Ahead as part of its gymnastic business plan are as follows:

• Basic Training

Flip Ahead is invested in starting a gymnastic business plan that provides an equal opportunity to all to learn the craft. Therefore, the facility will make arrangements for the instruction of people with all backgrounds and experience levels.

• Restoration and Rehabilitation

An important feature of Flip Ahead is that it will use the sport to help people recover from injuries and built more strength and mobility through targeted plans and instructions.

• Private Instruction Plans

The company will also keep in mind the people who either want to train to the level of competition or who are already competing and need specialized training programs. Therefore, there will be options to arrange special sessions with trainers and instructors.

• Introduction to Types

As a special service, Flip Ahead will go a step forward and hold group sessions to introduce people to different types of gymnastics including rhythmic, artistic, and trampoline.

Marketing Analysis of Gymnastic Instruction Company

If you want to know how to start a gymnastics gym, the best thing to do is learn about the market. Before starting any gymnastic business plan, you need to plan out all the details and structure your gymnastic business plan in a way that it can survive in the market. The best way to do this is by learning about the market.

As a rule, marketing analysis is made a part of every gymnastic business plan or any plan like climbing gym business plan. These market elements of the gymnastics cheer business plan help design services in a way that your gymnastic business plan can gain success.

Understanding the importance of gymnastics planning, Harriot decided to look into the gymnastics market for her business plan gymnastics facility. For reference, you can go through this gymnastic instruction business plan sample.

5.1 Market Trends

According to Statista, the purchase of gymnastics equipment in the US has increased at a huge rate since 2019. And it is still steadily rising. However, the number of people taking part in gymnastics has reduced because of a lack of proper instruction. Therefore, establishing a facility in this domain will be highly useful to bring back participation in the games.

5.2 Marketing Segmentation

The targeted customers of the gymnastics instruction business plan for Flip Ahead are:

Business Plan for Investors

5.2.1 Novice Kids/Teens

Our main customers will be kids and teens who want to get into this field. We will provide detailed instructions with steady progress so they can learn the best practices. We expect these kids to utilize our services regularly.

5.2.2 Competitive People/ Athletes

Another one of our target customers will be people who want to compete in sports. This can include adults who are already pursuing this field or children who want to train for competitions. We will provide specialized plans and services for these customers.

5.2.3 Adults needing Recovery

Flip Ahead will offer multiple group sessions for adults who want to pursue gymnastics for either recreation or recovery from injuries. In addition, we will also make one-on-one sessions with the instructors available.

5.2.4 Educational Institutes

Our last targeted customers will be educational institutes as they often need instructors and equipment for their physical exercise classes. We expect to provide sessions in educational institutions quite regularly.

Market Analysis
Potential Customers	Growth	Year 1	Year 2	Year 3	Year 4	Year 5	CAGR
Kids & Teens	30%	31,900	38,280	45,936	55,123	66,148	10.00%
Education Institutes	25%	27,800	33,360	40,032	48,038	57,646	10.00%
Athletes	23%	22,700	27,240	32,688	39,226	47,071	10.00%
Recovering/ Recreational Adults	22%	21,300	25,560	30,672	36,806	44,168	11.00%
Total	100%	103,700	124,440	149,328	179,194	215,032	10%

5.3 Business Target

For the purpose of this gymnastics business plan, the business targets for Flip Ahead are mentioned below:

• To become the best fitness center in Arizona
• To expand services to different parts of the country
• To provide the best services to customers and maintain their satisfaction
• To earn a net profit of $10k/month after the initial 2 years of operation.

5.4 Product Pricing

Our prices will be a little more than the market prices because we will offer constant instruction to our customers. Each customer will be helped by the instructor to progress according to their experience level. Therefore, our services will be much more targeted than our competitors and result in visible progress.

Marketing Strategy

Owning a gymnastics gym is just like operating any other gymnastic business plan. You need to keep up with marketing to make it a success. Whether you go through a dance studio business plan or a gymnastics center business plan, you will see the importance of finding competitive advantages for your gymnastic business plan.

These advantages will help you when opening a gymnastics facility so that it can thrive in the market.

In this gymnastic center business plan, we are providing the marketing strategies of Flip Ahead.

6.1 Competitive Analysis

• We will provide constant supervision and guidance through instructors to prevent injury and ensure progress.
• We will provide excellent customer support through a well-trained staff.
• We will offer different paths for people with different experience levels so that everyone can train according to their level.

6.2 Sales Strategy

• We will arrange outside sessions in parks to attract people.
• We will advertise our services through posters in the local community and social media
• We will offer a free first session so our customers can see if this is the best fit for them.

6.3 Sales Monthly

6.4 Sales Yearly

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6.5 Sales Forecast

Sales Forecast
Unit Sales	Year 1	Year 2	Year 3
Basic Training	2,200	2,332	2,472
Restoration & Rehab	1,850	1,961	2,079
Private Instruction Plans	1,450	1,537	1,629
Group Sessions	450	477	506
TOTAL UNIT SALES	5,950	6,307	6,685
Unit Prices	Year 1	Year 2	Year 3
Basic Training	$160.00	$185.60	$215.30
Restoration & Rehab	$255.00	$295.80	$343.13
Private Instruction Plans	$130.00	$150.80	$174.93
Group Sessions	$400.00	$464.00	$538.24
Sales
Basic Training	$352,000.00	$432,819.20	$532,194.49
Restoration & Rehab	$471,750.00	$580,063.80	$713,246.45
Private Instruction Plans	$188,500.00	$231,779.60	$284,996.20
Group Sessions	$180,000.00	$221,328.00	$272,144.91
TOTAL SALES	$1,192,250.00	$1,465,990.60	$1,802,582.04
Direct Unit Costs	Year 1	Year 2	Year 3
Basic Training	$50.00	$55.00	$57.75
Restoration & Rehab	$100.00	$110.00	$115.50
Private Instruction Plans	$65.00	$71.50	$75.08
Group Sessions	$125.00	$137.50	$144.38
Direct Cost of Sales
Basic Training	$110,000.00	$128,260.00	$142,753.38
Restoration & Rehab	$185,000.00	$215,710.00	$240,085.23
Private Instruction Plans	$94,250.00	$109,895.50	$122,313.69
Group Sessions	$56,250.00	$65,587.50	$72,998.89
Subtotal Direct Cost of Sales	$445,500.00	$519,453.00	$578,151.19

 

Personnel plan

When you are wondering how much does it cost to open a gymnastics center, you should remember the finance that goes into hiring the personnel. These staff-related details are mentioned in the business plan of a startup. For the staff details of Flip Ahead, you can refer to this gymnastics instruction business plan sample. You can also refer to similar gymnastics business plans.

7.1 Company Staff

• 1 Co-Manager to help in overall operations
• 6 Certified and Trained General Instructors
• 3 Specialized Trainers
• 2 Cleaners
• 1 Technician to upkeep the machinery
• 1 Accountant
• 2 Drivers

7.2 Average Salary of Employees

Personnel Plan
	Year 1	Year 2	Year 3
Manager	$32,000	$35,200	$38,720
Certified Instructors	$143,000	$157,300	$173,030
Special Trainers	$60,000	$66,000	$72,600
Cleaners	$43,000	$47,300	$52,030
Technician	$23,500	$25,850	$28,435
Accountant	$23,500	$25,850	$28,435
Drivers	$43,000	$47,300	$52,030
Total Salaries	$368,000	$404,800	$445,280

Financial Plan

When starting a business, people think about finances first. So it is normal if you are wondering how much does it cost to open a gymnastics facility. Curious about this aspect of the business, Harriot decided to look into the finances of Flip Ahead and how they will be managed.

In a financial plan, you have to show how your revenue will be earned and how you will maintain sales high enough to keep the business working steadily. To understand how Harriot lined out these details for Flip Ahead, you can go through this gymnastics instruction business plan sample. You can also take guidance from a gym business plan.

8.1 Important Assumptions

General Assumptions
	Year 1	Year 2	Year 3
Plan Month	1	2	3
Current Interest Rate	8.12%	8.20%	8.26%
Long-term Interest Rate	8.40%	8.44%	8.47%
Tax Rate	24.03%	24.21%	24.60%
Other	0	0	0

8.2 Break-even Analysis

Break-Even Analysis
Monthly Units Break-even	5340
Monthly Revenue Break-even	$132,500
Assumptions:
Average Per-Unit Revenue	$231.00
Average Per-Unit Variable Cost	$0.62
Estimated Monthly Fixed Cost	$163,800

8.3 Projected Profit and Loss

Pro Forma Profit And Loss
	Year 1	Year 2	Year 3
Sales	$1,192,250	$1,465,991	$1,802,582
Direct Cost of Sales	$445,500	$519,453	$578,151
Other	$0	$0	$0
TOTAL COST OF SALES	$445,500	$519,453	$578,151
Gross Margin	$746,750	$946,538	$1,224,431
Gross Margin %	62.63%	64.57%	67.93%
Expenses
Payroll	$368,000	$404,800	$445,280
Sales and Marketing and Other Expenses	$145,000	$148,000	$156,000
Depreciation	$2,300	$2,350	$2,500
Leased Equipment	$0	$0	$0
Utilities	$2,900	$3,000	$3,100
Insurance	$2,100	$2,100	$2,100
Rent	$2,900	$3,000	$3,200
Payroll Taxes	$24,000	$25,000	$27,000
Other	$0	$0	$0
Total Operating Expenses	$547,200	$588,250	$639,180
Profit Before Interest and Taxes	$199,550	$358,288	$585,251
EBITDA	$199,550	$358,288	$585,251
Interest Expense	$0	$0	$0
Taxes Incurred	$39,910	$71,658	$117,050
Net Profit	$159,640	$286,630	$468,201
Net Profit/Sales	13.39%	19.55%	25.97%

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8.3.1 Profit Monthly

8.3.2 Profit Yearly

8.3.3 Gross Margin Monthly

8.3.4 Gross Margin Yearly

8.4 Projected Cash Flow

Pro Forma Cash Flow
Cash Received	Year 1	Year 2	Year 3
Cash from Operations
Cash Sales	$51,000	$55,080	$59,486
Cash from Receivables	$22,000	$23,760	$25,661
SUBTOTAL CASH FROM OPERATIONS	$73,000	$79,570	$85,936
Additional Cash Received
Sales Tax, VAT, HST/GST Received	$0	$0	$0
New Current Borrowing	$0	$0	$0
New Other Liabilities (interest-free)	$0	$0	$0
New Long-term Liabilities	$0	$0	$0
Sales of Other Current Assets	$0	$0	$0
Sales of Long-term Assets	$0	$0	$0
New Investment Received	$0	$0	$0
SUBTOTAL CASH RECEIVED	$74,000	$79,000	$85,000
Expenditures	Year 1	Year 2	Year 3
Expenditures from Operations
Cash Spending	$42,000	$42,000	$45,000
Bill Payments	$27,000	$28,000	$31,000
SUBTOTAL SPENT ON OPERATIONS	$69,000	$70,000	$76,000
Additional Cash Spent
Sales Tax, VAT, HST/GST Paid Out	$0	$0	$0
Principal Repayment of Current Borrowing	$0	$0	$0
Other Liabilities Principal Repayment	$0	$0	$0
Long-term Liabilities Principal Repayment	$0	$0	$0
Purchase Other Current Assets	$0	$0	$0
Purchase Long-term Assets	$0	$0	$0
Dividends	$0	$0	$0
SUBTOTAL CASH SPENT	$69,000	$74,520	$80,482
Net Cash Flow	$21,000	$23,000	$25,000
Cash Balance	$27,000	$30,000	$33,000

 

8.5 Projected Balance Sheet

Pro Forma Balance Sheet
Assets	Year 1	Year 2	Year 3
Current Assets
Cash	$275,000	$308,000	$338,800
Accounts Receivable	$24,000	$26,880	$30,213
Inventory	$4,300	$4,816	$4,900
Other Current Assets	$1,000	$1,000	$1,000
TOTAL CURRENT ASSETS	$282,000	$315,840	$355,004
Long-term Assets
Long-term Assets	$10,000	$10,000	$10,000
Accumulated Depreciation	$19,400	$21,728	$24,444
TOTAL LONG-TERM ASSETS	$24,400	$27,328	$30,744
TOTAL ASSETS	$294,000	$329,280	$370,440
Liabilities and Capital	Year 4	Year 5	Year 6
Current Liabilities
Accounts Payable	$18,700	$20,944	$23,541
Current Borrowing	$0	$0	$0
Other Current Liabilities	$0	$0	$0
SUBTOTAL CURRENT LIABILITIES	$19,000	$21,280	$23,919
Long-term Liabilities	$0	$0	$0
TOTAL LIABILITIES	$15,000	$16,800	$18,883
Paid-in Capital	$30,000	$30,000	$31,000
Retained Earnings	$53,000	$57,770	$63,547
Earnings	$193,400	$210,806	$231,887
TOTAL CAPITAL	$285,000	$310,650	$341,715
TOTAL LIABILITIES AND CAPITAL	$300,000	$329,280	$370,440
Net Worth	$293,400	$319,806	$351,787

8.6 Business Ratios

Ratio Analysis
	Year 1	Year 2	Year 3	INDUSTRY PROFILE
Sales Growth	7.25%	8.03%	8.90%	3.00%
Percent of Total Assets
Accounts Receivable	9.21%	10.20%	11.31%	9.80%
Inventory	5.39%	5.97%	6.62%	9.90%
Other Current Assets	2.11%	2.34%	2.59%	2.40%
Total Current Assets	149.80%	151.00%	152.00%	158.00%
Long-term Assets	11.55%	11.60%	11.64%	12.00%
TOTAL ASSETS	100.00%	100.00%	100.00%	100.00%
Current Liabilities	4.90%	4.94%	4.98%	4.34%
Long-term Liabilities	0.00%	0.00%	0.00%	0.00%
Total Liabilities	7.59%	7.65%	7.72%	7.38%
NET WORTH	100.45%	101.25%	102.19%	110.00%
Percent of Sales
Sales	100.00%	100.00%	100.00%	100.00%
Gross Margin	94.60%	97.15%	99.87%	99.00%
Selling, General & Administrative Expenses	93.56%	96.09%	98.78%	97.80%
Advertising Expenses	1.52%	1.56%	1.60%	1.40%
Profit Before Interest and Taxes	41.50%	42.62%	43.81%	33.90%
Main Ratios
Current	34	35	36	32
Quick	33	33.8	34.645	33
Total Debt to Total Assets	0.18%	0.18%	0.17%	0.40%
Pre-tax Return on Net Worth	74.08%	74.89%	75.00%	75.00%
Pre-tax Return on Assets	96.30%	101.12%	106.17%	111.30%
Additional Ratios	Year 1	Year 2	Year 3
Net Profit Margin	33.56%	34.60%	35.67%	N.A.
Return on Equity	55.80%	57.53%	59.31%	N.A.
Activity Ratios
Accounts Receivable Turnover	7.7	7.8	7.8	N.A.
Collection Days	100	100	100	N.A.
Inventory Turnover	32.4	34.02	35	N.A.
Accounts Payable Turnover	15.6	16	16.3	N.A.
Payment Days	27	27	27	N.A.
Total Asset Turnover	2.5	2.5	2.6	N.A.
Debt Ratios
Debt to Net Worth	-0.04	-0.03	-0.04	N.A.
Current Liab. to Liab.	1	1	1	N.A.
Liquidity Ratios
Net Working Capital	$244,000	$257,664	$272,093	N.A.
Interest Coverage	0	0	0	N.A.
Additional Ratios
Assets to Sales	0.85	0.87	0.89	N.A.
Current Debt/Total Assets	1%	0%	0%	N.A.
Acid Test	29	29.12	29.16	N.A.
Sales/Net Worth	2.1	2.2	2.2	N.A.
Dividend Payout	0	0	0	N.A.

FAQ

1. How do I start a successful gymnastic business plan?

You can start a successful business by going through this gymnastics instruction business plan sample or even indoor sports complex business plan.

2. Are gymnastic gyms profitable?

Opening a gymnastics club can result in revenues around $50k to $150k depending on the scope of the gymnastic business plan.

3. How do you promote a gymnastics class?

You can promote a gymnastic instruction class through targeted marketing and a well-developed marketing plan.

4. How do you start a gymnastics team?

You can learn how to start a gymnastic business plan by going through different business plans and then developing your own.

Download Gymnastic Instruction Business Plan Sample in pdf