The business is a well-established Spanish company specializing in IT services, including the installation, rental, repair, and maintenance of computer systems and networks. The company has operated primarily in the Madrid area for almost 20 years and provides a range of services to businesses to ensure their IT infrastructure runs smoothly.
The company is registered with the National Cybersecurity Institute.
Focus on the rental & maintenance business:
The company rents equipment for periods ranging from 4 to 5 years, ensuring that the purchase price of each rented item is recovered within less than 1 year (~9 months). In December 2023, the Monthly Recurring Revenue from 34 loyal clients for rental and maintenance was 28K€.
Reasons To Buy
▪ Well established business with strong and loyal customer database
▪ Monthly recurring revenue and a significant portion of revenue is guaranteed through rental and maintenance contracts for the next 3 to 5 years.
▪ Growing and profitable business, maintaining a net profit ratio of over 40% on net sales.
▪ Great potential for expansion and high market potential, supported by government digitalization initiatives and financial incentives and grants.
