• Health and fitness centres

    Businesses in this industry provide fitness classes, exercise programs, and access to fitness equipment and physical fitness activities.

    These benchmarks do not apply to the sale of health products or fitness equipment.

    Performance benchmarks

    These performance benchmarks are updated annually and developed using the information reported on income tax returns and activity statements for the 2013–14 year.

    These benchmarks show a number of different financial ratios of business income to business expenses, to help businesses compare their performance against similar businesses in their industry.

    The key benchmark ratio for this industry is total expenses to turnover (see definitions). This ratio is likely to be the most accurate predictor of business turnover.

    2013–14 financial year

    Key benchmark ratio

    Annual turnover range

    $65,000 – $175,000

    $175,000 – $600,000

    More than $600,000

    Income tax return

    Total expenses/turnover

    53% – 73%

    74% – 86%

    76% – 88%

    Average total expenses

    63%

    80%

    82%

    Activity statement

    Non-capital purchases/
    total sales

    44% – 61%

    46% – 61%

    46% – 57%

    The following benchmarks can be used as a guide for businesses to review their performance and business practices against other similar businesses.

    Not all expenses are reported by every business, so one or more of the benchmarks below may not apply to your business.

    Benchmark ratio

    Annual turnover range

    Income tax return

    $65,000 – $175,000

    $175,000 – $600,000

    More than $600,000

    Cost of sales/turnover

    4% – 12%

    4% – 10%

    3% – 8%

    Labour/turnover

    22% – 34%

    21% – 34%

    20% – 34%

    Rent/turnover

    16% – 24%

    15% – 22%

    12% – 19%

    Motor vehicle expenses/turnover

    4% – 6%

    1% – 3%

    1% 

      Last modified: 25 Feb 2016QC 43765