Kosama FDD Summary
Type of Business
The franchise offered is for a personal fitness club featuring a program for complete body transformation and designed to help members achieve physical performance and weight management goals (“Complete Body Transformation Program”).
Corporate Information
We are a Minnesota limited liability company formed on November 29, 2011. We currently do business only under our corporate name and the name “Kosama” and “Kosama Complete Body Transformation.” Our principal place of business is 2411 Galpin Court, Suite 110, Chanhassen, MN 55317. We have been offering franchises since January 2012.
We are a wholly owned subsidiary of Kosama Holdings, LLC, a Minnesota limited liability company that is wholly owned by Snap Fitness, Inc., a Minnesota corporation. Snap Fitness is partly owned by Summit Partners, L.P., a Delaware limited partnership, which may be considered our ultimate parent.
Investment
The total investment necessary to begin operation of a single Kosama franchise ranges from $127,500 to $372,000. This includes $107,750 to $118,300 that must be paid to the franchisor or an affiliate.