KOA

Source filing: WI · filed 2026-04-29

Item 5 — Initial franchise fee

$45,000 [p.11 · WI · 2026-04-29]

Item 6 — Recurring fees (royalty & advertising)

Royalty8% of Total Registration Receipts [p.13 · WI · 2026-04-29]
Advertising Assessment2% of Total Registration Receipts [p.13 · WI · 2026-04-29]

Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.

Item 7 — Estimated initial investment (total)

$459,500 [p.18 · WI · 2026-04-29] $13,894,250 [p.18 · WI · 2026-04-29]

Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.

Item 20 — Outlets

Franchised outlets at start of year429 [p.60 · WI · 2026-04-29]
Franchised outlets at end of year432 [p.60 · WI · 2026-04-29]
Net change in franchised outlets3 [p.60 · WI · 2026-04-29]
Transfers21 [p.63 · WI · 2026-04-29]
Terminations7 [p.66 · WI · 2026-04-29]
Non-renewals5 [p.66 · WI · 2026-04-29]
Ceased operations (other)5 [p.66 · WI · 2026-04-29]
Company-owned outlets at end of yearNot disclosed

Item 19 — Financial performance representation

Headline cohort

2024 KOA Holiday Campgrounds - 10,001 and up camper nights - Registration Revenue per camper night · 12-month period ended December 31, 2024

Outlets in sampleAverageMedianHighLow
104 [p.54 · WI · 2026-04-29] $67.12 [p.53 · WI · 2026-04-29] $58.83 [p.53 · WI · 2026-04-29] Not disclosed Not disclosed

All disclosed cohorts (25)

CohortOutletsAverageMedianHighLow
2025 Average Annual Registration Revenue by Site Class - Camping Cabins
12-month period ended December 31, 2025
excluded: failed consistency checks
Not disclosed Not disclosed Not disclosed Not disclosed Not disclosed
2025 Average Annual Registration Revenue by Site Class - Deluxe Cabins
12-month period ended December 31, 2025
excluded: failed consistency checks
Not disclosed Not disclosed Not disclosed Not disclosed Not disclosed
2025 Average Annual Registration Revenue by Site Class - RVs
12-month period ended December 31, 2025
excluded: failed consistency checks
Not disclosed Not disclosed Not disclosed Not disclosed Not disclosed
2025 Average Annual Registration Revenue by Site Class - Tents
12-month period ended December 31, 2025
excluded: failed consistency checks
Not disclosed Not disclosed Not disclosed Not disclosed Not disclosed
2025 Average Annual Registration Revenue by Site Class by Brand Position - Holiday Camping Cabins
12-month period ended December 31, 2025
Not disclosed Not disclosed Not disclosed Not disclosed Not disclosed
2025 Average Annual Registration Revenue by Site Class by Brand Position - Holiday Deluxe Cabins
12-month period ended December 31, 2025
Not disclosed Not disclosed Not disclosed Not disclosed Not disclosed
2025 Average Annual Registration Revenue by Site Class by Brand Position - Holiday RVs
12-month period ended December 31, 2025
Not disclosed Not disclosed Not disclosed Not disclosed Not disclosed
2025 Average Annual Registration Revenue by Site Class by Brand Position - Holiday Tents
12-month period ended December 31, 2025
Not disclosed Not disclosed Not disclosed Not disclosed $99 [p.46 · WI · 2026-04-29]
2025 Average Annual Registration Revenue by Site Class by Brand Position - Journey Camping Cabins
12-month period ended December 31, 2025
Not disclosed Not disclosed Not disclosed Not disclosed Not disclosed
2025 Average Annual Registration Revenue by Site Class by Brand Position - Journey Deluxe Cabins
12-month period ended December 31, 2025
excluded: failed consistency checks
Not disclosed Not disclosed Not disclosed Not disclosed Not disclosed
2025 Average Annual Registration Revenue by Site Class by Brand Position - Journey RVs
12-month period ended December 31, 2025
excluded: failed consistency checks
Not disclosed Not disclosed Not disclosed Not disclosed Not disclosed
2025 Average Annual Registration Revenue by Site Class by Brand Position - Journey Tents
12-month period ended December 31, 2025
excluded: failed consistency checks
Not disclosed Not disclosed Not disclosed Not disclosed Not disclosed
2025 Average Annual Registration Revenue by Site Class by Brand Position - Resort Camping Cabins
12-month period ended December 31, 2025
12 [p.46 · WI · 2026-04-29] $10,737 [p.46 · WI · 2026-04-29] $9,567 [p.46 · WI · 2026-04-29] $22,123 [p.46 · WI · 2026-04-29] $4,507 [p.46 · WI · 2026-04-29]
2025 Average Annual Registration Revenue by Site Class by Brand Position - Resort Deluxe Cabins
12-month period ended December 31, 2025
13 [p.46 · WI · 2026-04-29] $28,278 [p.46 · WI · 2026-04-29] $25,930 [p.46 · WI · 2026-04-29] $57,294 [p.46 · WI · 2026-04-29] $6,670 [p.46 · WI · 2026-04-29]
2025 Average Annual Registration Revenue by Site Class by Brand Position - Resort RVs
12-month period ended December 31, 2025
Not disclosed $8,001 [p.46 · WI · 2026-04-29] $7,803 [p.46 · WI · 2026-04-29] Not disclosed $2,571 [p.46 · WI · 2026-04-29]
2025 Average Annual Registration Revenue by Site Class by Brand Position - Resort Tents
12-month period ended December 31, 2025
12 [p.46 · WI · 2026-04-29] $3,637 [p.46 · WI · 2026-04-29] $3,232 [p.46 · WI · 2026-04-29] $10,199 [p.46 · WI · 2026-04-29] $624 [p.46 · WI · 2026-04-29]
2024 KOA Journey Campgrounds - 1,000 to 5,000 camper nights - Registration Revenue per camper night
12-month period ended December 31, 2024
17 [p.52 · WI · 2026-04-29] Not disclosed Not disclosed Not disclosed Not disclosed
2024 KOA Journey Campgrounds - 5,001 to 10,000 camper nights - Registration Revenue per camper night
12-month period ended December 31, 2024
37 [p.52 · WI · 2026-04-29] Not disclosed Not disclosed Not disclosed Not disclosed
2024 KOA Journey Campgrounds - 10,001 and up camper nights - Registration Revenue per camper night
12-month period ended December 31, 2024
62 [p.52 · WI · 2026-04-29] Not disclosed Not disclosed Not disclosed Not disclosed
2024 KOA Holiday Campgrounds - 1,000 to 5,000 camper nights - Registration Revenue per camper night
12-month period ended December 31, 2024
12 [p.54 · WI · 2026-04-29] $86.55 [p.53 · WI · 2026-04-29] $74.87 [p.53 · WI · 2026-04-29] Not disclosed Not disclosed
2024 KOA Holiday Campgrounds - 5,001 to 10,000 camper nights - Registration Revenue per camper night
12-month period ended December 31, 2024
37 [p.54 · WI · 2026-04-29] $78.77 [p.53 · WI · 2026-04-29] $72.84 [p.53 · WI · 2026-04-29] Not disclosed Not disclosed
2024 KOA Holiday Campgrounds - 10,001 and up camper nights - Registration Revenue per camper night
12-month period ended December 31, 2024
104 [p.54 · WI · 2026-04-29] $67.12 [p.53 · WI · 2026-04-29] $58.83 [p.53 · WI · 2026-04-29] Not disclosed Not disclosed
2024 KOA Resort Campgrounds - 10,001 and up camper nights - Registration Revenue per camper night
12-month period ended December 31, 2024
8 [p.56 · WI · 2026-04-29] $140.19 [p.55 · WI · 2026-04-29] $136.84 [p.55 · WI · 2026-04-29] Not disclosed Not disclosed
Converted Campgrounds - Percentage Increase in Revenue For First Full Year After Conversion
first full year after conversion
excluded: failed consistency checks
Not disclosed Not disclosed Not disclosed Not disclosed Not disclosed
Converted Campgrounds - Annual Percentage Increase in Revenue for First Five Full Years After Conversion
first five full years after conversion
excluded: failed consistency checks
Not disclosed Not disclosed Not disclosed Not disclosed Not disclosed
“The tables below provide financial information derived from 448 of the 449 KOA franchised campgrounds ("KOA Campgrounds"), which constitutes all KOA franchised campgrounds that were open and operating at any time during the 12-month period ended December 31, 2025.” [p.44 · WI · 2026-04-29]

Extraction notes