Gym & Fitness Accounting
Franchise-focused financial support built for multi-location gyms, studios, and fitness brands, including payroll, compliance, and reporting handled by a team that understands the industry.
Running a gym means managing membership revenue, instructor payroll, equipment costs, and multi-location reporting, often with more urgency than your current bookkeeping setup can keep up with. Beansquad brings 30+ years of franchise accounting experience and support across 500+ franchise locations to fitness operators who need accurate numbers, not guesswork.
Franchise-ready reporting
across every location
Industry Insight
66.4%
is the average member retention rate gyms and studios report industry-wide, meaning roughly a third of members churn every year, with half of new members leaving within six months.
Every one of those transitions can affect your books through pro-rated billing, refunds, and membership revenue recognition. Clean, current financials help you identify problems before they become larger cash-flow issues.
Source: Health & Fitness Association, 2025 Fitness Industry Benchmarking Report
Beansquad provides full-service bookkeeping and accounting for gyms, fitness centers, and studios, including franchise-specific reporting that rolls up cleanly across every location.
Don’t see your exact business type listed? If you run a fitness or wellness business with recurring memberships, class packages, or instructor payroll, we can likely help. Reach out and we’ll tell you directly.
Process
Getting started is simple. We begin with a free consultation to understand your current setup, coordinate a clean handoff from your existing bookkeeper or spreadsheet, and provide ongoing monthly reporting from there.
STEP 1
Review your existing bookkeeping, locations, payroll, and reporting needs.
STEP 2
Coordinate the handoff from your current bookkeeper, accounting system, or spreadsheets.
STEP 3
Continue with organized bookkeeping and monthly financial reporting.
30+ years supporting franchise operators means we understand royalty structures, multi-location P&Ls, and brand-level reporting requirements, not just generic small-business books.
From single-unit operators to multi-location owners, our accounting support can scale as you add locations.
Membership billing, class packages, instructor payroll, and equipment financing all have their own accounting considerations.
Work with a dedicated team you can actually reach instead of relying only on an automated support queue.
Verified Experience
30+
500+
Franchise locations supported
24/7
Instructor payroll, part-time staff, and multi-location payroll handled accurately and on time.
Franchise compliance reporting that helps keep you aligned with your franchisor’s requirements.
Consolidated books across every gym or studio location, kept organized and consistent.
Gym financial statements and reporting that show you where each location stands.
Sales tax support across the states and locations where your fitness business operates.
Stay ahead of equipment costs, lease payments, and seasonal membership changes.
Year-round tax preparation and planning instead of waiting until filing season.
Accounting and bookkeeping support for restaurant and food-service franchise operators managing labor, inventory, sales, and multiple locations.
Bookkeeping and financial reporting for veterinary clinics, grooming businesses, boarding facilities, and other pet care franchises.
Accounting support for salons, spas, wellness businesses, and other health and beauty franchise operators.
Specialized bookkeeping and financial reporting for Amazon Delivery Service Partner operators.
Financial support for shipping, courier, logistics, and business-service franchise operators.
Bookkeeping and financial reporting for medical and healthcare franchise businesses.
Posted on Google![]()
David BuchananTrustindex verifies that the original source of the review is Google.
Love working with the MCO Bookkeeping team. They take awesome care of my business books at a very affordable cost! Whenever I have questions or need help, they’re easy to reach and great to work with and fix my questions! I’d highly recommend them for fellow UPS store locations and to other franchisees!Posted on Google![]()
Store8039Trustindex verifies that the original source of the review is Google.
Bruce, JP and the entire team, especially my assigned team: Arturo, Marlon and Pablo, have been very flexible and accommodating of our specific and detailed needs for bookkeeping services. They are friendly, patient and a pleasure to work with.Posted on Google![]()
Mariano EspinosaTrustindex verifies that the original source of the review is Google.
Beansquad has been a great business partner for the last 2 years. Smooth onboarding and superb ongoing support for my 4 entities. It is great to be able to focus 100% on our business, knowing that our books are accurate and close timely. Thanks Beansquad!Posted on Google![]()
Burke Jones, LPA, UHM (The UPS Store Guy)Trustindex verifies that the original source of the review is Google.
We have used MCO/Bean Squad for our bookkeeping for many years over 7 locations. We save hundreds of hours every month with them and now simply review our books. They are responsive and easy to reach. I would never go back to our previous model of bookkeeping.Posted on Google![]()
Ken BonifayTrustindex verifies that the original source of the review is Google.
Excellent team! Super thorough and always willing to help. Super impressed with their knowledge, communication, and deliverables. Always on time! Highly recommend!Posted on Google![]()
Rakin ZamanTrustindex verifies that the original source of the review is Google.
Angelo and Jose have been very attentive to our books, helps me focus on everything else in the business while they make sure our POS system, Payroll and all accounts are in sync and books are balanced :)Posted on Google![]()
Kunal PatelTrustindex verifies that the original source of the review is Google.
Excellent company and all the staff are super helpful in the process of Bookkeeping. Angelo was amazing in customer service helping me out.Posted on Google![]()
Deven PatelTrustindex verifies that the original source of the review is Google.
We’ve had an outstanding experience working with MCO Bookkeeping for the bookkeeping needs of our UPS Stores. Their team is professional, responsive, detail-oriented, and consistently provides accurate financial reporting that helps us make better business decisions. I especially want to recognize Jose Pablo and Bruce Patz. They are both an absolute pleasure to work with. Jose is incredibly knowledgeable, proactive, and always quick to respond whenever we have questions. Bruce has also been fantastic—professional, patient, and genuinely invested in helping our business succeed. They both go above and beyond to provide exceptional service, and it’s clear they truly care about their clients. If you’re looking for a bookkeeping company that is reliable, organized, and staffed by people who genuinely want to help your business thrive, I highly recommend MCO Bookkeeping. Jose and Bruce have made what could be a complicated process feel effortless, and we’re grateful to have them as part of our team.Posted on Google![]()
Sarah SeguraTrustindex verifies that the original source of the review is Google.
MCO handles important tasks such as balancing my monthly bank accounts, filing my sales taxes, and managing customer house accounts. Having these responsibilities handled accurately and consistently allows me to spend more time focusing on running a profitable The UPS Store center. Their knowledge of franchise bookkeeping needs, combined with their reliable service, makes them a strong resource for other franchise owners who want dependable financial support and peace of mind. Sincerely, Sarah Segura The UPS Store Center 4617
Beansquad helps gym owners and fitness center operators replace disconnected bookkeeping tasks with a consistent financial process.
FAQ
Many gym owners manage their own bookkeeping when the business is small. As membership volume, payroll, sales tax, and operating expenses grow, however, keeping the books accurate can take considerably more time.
Professional accounting support can help identify issues such as incorrectly categorized expenses, payroll problems, and reporting inconsistencies before they become harder to fix.
The cost of bookkeeping for a gym depends on factors such as transaction volume, number of locations, payroll complexity, and the financial reporting you need.
A single fitness studio will usually have different bookkeeping requirements than a multi-location gym franchise. Beansquad provides a quote after reviewing your setup during a free consultation.
Yes. Multi-location bookkeeping and consolidated financial reporting are part of Beansquad’s franchise accounting support.
Your locations can maintain consistent bookkeeping while still providing location-level information that helps you understand how individual gyms or studios are performing.
Yes. Fitness businesses can have a mix of full-time employees, part-time instructors, trainers, and other compensation arrangements.
Beansquad can help organize payroll processes around the structure your gym or fitness studio uses.
Yes. Beansquad’s fitness accounting support is not limited to traditional gyms.
It can also support yoga studios, Pilates studios, personal training businesses, cycling studios, barre studios, martial arts facilities, and other fitness businesses with recurring memberships, classes, and staff payroll.
Keep membership revenue, instructor payroll, location-level reporting, and franchise financial requirements organized as your fitness business grows.
Schedule a free 30-minute consultation to discuss your gym, studio, or multi-location fitness operation and see what more accurate, franchise-ready financial reporting could look like.