Muscle Hut Initial costs and 3 months after start up

Start up costs:

SUMMARY OF STARTUP EXPENSES AMOUNT

BUILDING / REAL ESTATE $357,328.95
LEASEHOLD IMPROVEMENTS $11,309.63
EQUIPMENT $58,640.12
ADMINISTRATION $623.04
ADVERTISING / PROMOTIONAL $6,685.04
OTHER EXPENSES $8,230.63
SNACK BAR $21.73
TOTAL $442,817.41

BUILDING / REAL ESTATE PRICE QUANTITY AMOUNT

Building Purchase $345,000.00 1 $345,000.00
Flooring $1.70 2,508 $4,263.60
Sinks and faucets $290.00 5 $1,450.00
Toilets $192.35 5 $961.75
Urnals $852.90 2 $1,705.80
Bathroom stalls $870.00 2 $1,740.00
Hand dryers $99.95 4 $399.80
Shower heads $28.00 6 $168.00
Shower stalls $820.00 2 $1,640.00
TOTAL $357,328.95

LEASEHOLD IMPROVEMENT PRICE QUANTITY AMOUNT

Front desk $1,500.00 1 $1,500.00
Cash register $69.99 1 $69.99
Paint $15.00 15 $225.00
Celing fans $44.97 5 $224.85
Mirrors for walls $379.99 2 $759.98
Lockers $160.00 25 $4,000.00
Benches for lockers $58.99 6 $353.94
Water fountain $936.30 4 $3,745.20
Toilet paper despenser $8.70 10 $87.00
Soap despenser $6.13 8 $49.04
Sound system $294.63 1 $294.63
TOTAL $11,309.63

EQUIPMENT PRICE QUANTITY AMOUNT

Treadmils $1,299.99 10 $12,999.90
Ellipticals $599.00 10 $5,990.00
Free weights $799.00 4 $3,196.00
Multi purpose racks $299.98 6 $1,799.88
Resistant bands $20.00 8 $160.00
Stair master $2,997.00 4 $11,988.00
Stationary bikes $799.00 8 $6,392.00
TVs $549.99 6 $3,299.94
Free weight benches $330.00 6 $1,980.00
Jump ropes $9.99 10 $99.90
Dumbell sets (5-50 lbs,16 weig $1,247.00 5 $6,235.00
Yoga mats $69.99 20 $1,399.80
8 lbs Medicine balls $44.99 5 $224.95
10 lbs Medicince balls $49.99 5 $249.95
12 lbs Medicine ball $54.99 5 $274.95
Medicine ball rack $69.99 5 $69.99
Belts $29.99 6 $179.94
Rowing machine $499.99 4 $1,999.96
Ladders $29.99 2 $59.98
Pull-up bars $19.99 2 $39.98
TOTAL $58,640.12

ADMINISTRATION PRICE QUANTITY AMOUNT

Hourly workers $10.00
Electricity $127.68 3 $383.04
Water $80.00 3 $240.00
TOTAL $623.04

ADVERTISING / PROMOTION PRICE QUANTITY AMOUNT

Billboards $1,000/ week; 2 week 3 $6,000.00
Flyers $0.34 2,000 $685.04
TOTAL $6,685.04

OTHER EXPENSES PRICE QUANTITY AMOUNT

Soap $6.98 1 $6.98
Toilet paper $17.86 1 $17.86
Trash cans $159.99 4 $639.96
Trash bags $13.00 1 $13.00
Towels $11.98 50 $599.00
Towel rack $22.60 1 $22.60
Laundry basket $12.99 2 $25.98
Washer and dryer $1,169.99 1 $1,169.99
Refrigerator $599.99 1 $599.99
Shower curtains $2.99 12 $35.88
Exit signs $18.99 2 $37.98
Plates $98.69 5sets $493.45
Tables and chairs $206.98 6sets $1,241.88
Dishwasher $447.30 1 $447.30
Kinves $3.18 2 $6.36
Forks $1.45 2 $2.90
Spoons $1.07 2 $2.14
Refrigerated food bar $2,712.38 1 $2,712.38
Digital food scale $155.00 1 $155.00
TOTAL $8,230.63

SNACK BAR PRICE QUANTITY AMOUNT

Apples $2.99 1 $2.99
Oranges $0.87 1 $0.87
Bananas $0.50 1 $0.50
Pineapple $4.00 1 $4.00
Blueberries $2.50 1 $2.50
Mango $1.38 1 $1.38
Carrots $2.50 1 $2.50
Celery $1.99 1 $1.99
Cucumber $0.50 1 $0.50
Strawberries $2.00 1 $2.00
Cherry tomatoes $2.50 1 $2.50
TOTAL $21.73
 DESCRIPTION

1.70/ square foot

Free standing 2 stalls

Free standing 3 stalls

DESCRIPTION

$160 is the price for 2 lockers stacked on top of each other

Stero with 4 wall mounting speakers

DESCRIPTION

10 sets of different weights, 20 weights in all

Light, medium, heavy and extra heavy; 2 of each

58'

Agility ladders

DESCRIPTION
$10.00/hour, 2 employees per shift, 2 shifts per day

DESCRIPTION

DESCRIPTION
2 refill bottles per pack/ 1 gallon each bottle
45 rolls per package

140 bags per box

Stacked unit

10 plates per set

1 table; 4 chairs per set
12 per pack
12 per pack
12 per pack

DESCRIPTION
per pound
per orange
per pound
per pineapple
per pint
per pound
per bag
per bundle
per cucumber
per container
per pint
Muscle Hut
Profit & Loss Projection (MONTHL

PROFIT & LOSS SUMMARY AMOUNT

Revenue $56,700.00
Expenses -$41,961.02
PROFIT (LOSS) TOTAL $14,738.98

REVENUE PRICE QUANTITY AMOUNT

Gold Membership (Monthly) $50.00 300 $15,000.00
Sliver Membership (Monthly) $30.00 1,000 $30,000.00
Daily visit $8.00 300 $2,400.00
Class Fees $10.00 750 $7,500.00
Fruit Bar Sales $6.00 300 $1,800.00

TOTAL $56,700.00

EXPENSES PRICE QUANTITY AMOUNT

Hourly wages $10.00 960 -$9,600.00
Salaries $3,000.00 4 -$12,000.00
Class Instructors (contract) $30.00 150 -$4,500.00
Electricty $300.00 1 -$300.00
Water / Sewage $80.00 1 -$80.00
Cable / Internet $250.00 1 -$250.00
Trash removal $50.00 1 -$50.00
Raw Fruit $1.50 400 -$600.00
Plastic cups $0.25 600 -$150.00
Toilet paper $17.86 3 -$53.58
Soap $6.98 2 -$13.96
Cleaning supplies $50.00 1 -$50.00
Trash bags $13.00 1 -$13.00
Repair & Maintenance $2,000.00 1 -$2,000.00
Startup Write-off (36 months) $12,300.48 1 -$12,300.48
TOTAL -$41,961.02
 DESCRIPTION

10 per day
5 daily fee customers per class x 150 classes
$3 per 1/2 lb cup

DESCRIPTION
2 employees per shift x 2 shifts per day x 30 days
4 leaders, 4 days on / 3 days off
5 classes per day x 30 days