Gym Profit & Loss Statement
Gym Profit & Loss Statement
This Profit & Loss Statement provides a detailed summary of [Your Company Name]'s financial performance for the [Year]. It includes all revenues, costs, and expenses incurred during the year, giving a clear picture of the gym's profitability.
A. Revenue
|
Category |
Amount (USD) |
|---|---|
|
Membership Fees |
$200,000 |
|
Personal Training Fees |
$50,000 |
|
Group Classes |
$30,000 |
|
Merchandise Sales |
$15,000 |
|
Nutritional Products |
$10,000 |
|
Other Income |
$5,000 |
|
Total Revenue |
$310,000 |
B. Cost of Goods Sold (COGS)
|
Category |
Amount (USD) |
|---|---|
|
Merchandise Cost |
$7,500 |
|
Nutritional Products Cost |
$4,000 |
|
Total COGS |
$11,500 |
C. Gross Profit
|
Category |
Amount (USD) |
|---|---|
|
Total Revenue |
$310,000 |
|
Total COGS |
$11,500 |
|
Gross Profit |
$298,500 |
D. Operating Expenses
|
Category |
Amount (USD) |
|---|---|
|
Salaries and Wages |
$120,000 |
|
Rent |
$36,000 |
|
Utilities |
$12,000 |
|
Marketing and Advertising |
$15,000 |
|
Equipment Maintenance |
$10,000 |
|
Insurance |
$8,000 |
|
Office Supplies |
$2,000 |
|
Miscellaneous Expenses |
$3,000 |
|
Total Operating Expenses |
$206,000 |
E. Operating Income
|
Category |
Amount (USD) |
|---|---|
|
Gross Profit |
$298,500 |
|
Total Operating Expenses |
$206,000 |
|
Operating Income |
$92,500 |
F. Other Income and Expenses
|
Category |
Amount (USD) |
|---|---|
|
Interest Income |
$500 |
|
Interest Expense |
$1,000 |
|
Net Other Income |
-$500 |
G. Net Income
|
Category |
Amount (USD) |
|---|---|
|
Operating Income |
$92,500 |
|
Net Other Income |
-$500 |
|
Net Income |
$92,000 |
