€1,417,000
7.9%
84 months
B
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Location
Marolles-en-Brie, France
Activity
Financial
Presentation of the company
KCN Holding is the holding company created in 2019 to acquire IDF Fitness. It is managed by Fouad Chfira who has overall 5 years of experience in the sector.
Created in 2011, IDF Fitness is active in the gym sector. The company, located in Corbeilles-Essonne, has 8 employees.
Project description
The seller wishes to sell the business at a valuation based on market standards. KCN Holding (Fouad Chifra) wishes to borrow €1,417,000 over 84 months, with a 3-month grace period to finance part of the acquisition.
The remainder will be financed by a business acquisition project of an On Air fitness centre. This project will be realised in the coming months.
The amount offered on the platform is limited to €694,320 which is in line with regulatory limits.