Hello Searchfunder community,

I’m exploring the possibility of acquiring a business in the residential antenna and intercom installation sector (in SPAIN), specifically one with an EBITDA of €0.5M–€1M and an EBITDA margin of 25%.

I’d greatly appreciate insights from experts or operators in this field regarding:

Contract Acquisition: How are installation and maintenance contracts typically secured? What are the key factors that differentiate successful players in this market?
Contract Management: What does a typical maintenance contract entail? Are these contracts long-term and recurring, or is revenue heavily reliant on new installations?
Key Risks: What are the primary risks when acquiring a business of this size in this sector? Are there any red flags I should watch for, such as dependency on specific clients, outdated technology, or regulatory challenges? Any advice, anecdotes, or resources would be incredibly helpful as I navigate this process. Thank you in advance for sharing your expertise!

Looking forward to hearing your thoughts.

Best regards, Pablo Casals