The rock gym business plan should show the average price points you can charge users, a list of equipment and assets you will need to purchase to fully equip the space, and a thoughtful analysis of the competing businesses in your area. Your rock gym proposal should also profile your management team and key staff, offer a list of marketing ideas germane to your industry, and feature a three-year set (in some cases, five) of financials that estimate your performance against expenses and show a steady ability to repay whatever loan you need up front. Other business plan features to include:
• A use of funds table and payback scenario for the bank
• A market needs assessment
• A description of your target customer
• A list of your business' competitive strengths
• A break-even assessment
The financial pro forma will need to show a cash flow, revenue projection, projected balance sheet, and a profit and loss statement for each of three years (five if you need private investment). A sensitivity analysis, assumptions and ratios table, and a monthly breakdown of key projections for the first year post-funding are also commonly included. For the narrative, you should look as closely as you can at the closest competitive comparables, whether they are other rock gyms or simply different forms of physical entertainment, as you will compete against these businesses for money. If you need help with your business plan creation process, call MasterPlans. We have worked on hundreds of recreational facilities and will be the perfect resource for you to get a funding-ready business plan in record time. 877-453-2011
