Agenda - Council - 11/13/2012 - Laserfiche WebLink

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Nicole Kutches 16158 Iodine St. NW • Ramsey, MN 55303 • 612.207.3244 • npkutches@comcast.net 8.21.2012 Dear Business Loan Officer, page 1 Thank you for taking the time to consider me a candidate for a SBA loan. I am starting up a group fitness focused fitness facility along with my father. We have submitted an offer on a lease space at Rivers Bend Plaza at the corner of St. Francis Blvd. and Bunker Lake Blvd. in Ramsey, MN. If negotiations proceed as hoped for we may have a lease agreement and build out starting in the beginning of Sept. (Our hope is to be operational by Nov. 1). We are looking for a $90,000 to $100,000 loan. The name of the facility is called Koru Fitness, Inc. because the programs I'm offering are all created in New Zealand, and the koru is a national symbol of New Zealand. It is a spiral shape based on the shape of a new unfurling silver fern frond and symbolizes new life, growth, strength and peace. As a life-long member of the community, I've noticed a need for a group fitness facility in the area of Ramsey, MN. I've grown up here and I believe my community needs what Koru Fitness, Inc. has to offer. There are three components that will set Koru Fitness, Inc. above the rest of those out there offering fitness classes. 1.) Partnering with Les Mills International (LMI) to bring the world's best fitness classes to my community 2.) Hiring only excellent, highly -motivated and thoroughly trained instructors. 3.) State-of-the-art fitness studio that is unique to anything else in the area. I have 18 years experience in the fitness industry, 11 of those years teaching LMI programs at my local YMCA. I've taught several different formats in my career and LMI programs are simply the best. By bringing more LMI programs to the north metro, I will change the group fitness experience to be fun, educational, effective and safe for everyone. Koru Fitness, Inc. will do just this by: 1.) Being a group fitness focused facility . 2.) Having quality control over instructors and classes. 3.) Keeping instructors current on education and fitness trends through the educational resources provided by LMI. 4.) Marketing materials that will educate participants on LMI and how they will improve their health. 5.) Providing "Exertainment for every BODY." I am experienced and knowledgeable about the industry and I've done my research. Outlined in my Business Plan is how I intend to make Koru Fitness, Inc. a success and get my community moving and loving it! Thank you, N1,6114 4,11,1w Nicole Kutches