Industry Overview
The cleaning services industry in Portugal is quite diverse and has been growing over the years. Here’s an overview:
Market Revenue: The revenue in the Household Cleaners market in Portugal is expected to reach US$141.80m in 2024. The market is anticipated to experience an annual growth rate of 2.98% (CAGR 2024-2028). The revenue of other cleaning activities in Portugal is projected to amount to approximately 139.63 million U.S. Dollars by 2025.
Industry Growth: As of 2024, there are 7,526 enterprises in the Cleaning Activities industry in Portugal, an increase of 6.28% from 2023.
Eco-friendly Products: Portugal’s increasing focus on eco-friendly products has led to a rise in demand for organic household cleaners.
Business Description
They provide cleaning and hygiene services in various sectors, such as tourism, auto fleets, offices and residential.
It has a vast portfolio of contracted clients.
Company with a sense of social and environmental responsibility with high quality standards for its services.
Company with a solid structure, currently with 240 employees
Financial Summary
- EBITDA margin and average net profit of 10.9% and 8.8%, respectively
- Average annual sales growth for the last four years of 32.7%
- Minimum CAPEX needs since the equipment that has to be replaced annually is of low value
- Stable working capital needs, the company operates with a minimum investment in working capital equivalent to 49 days of cash conversion cycle
- Company sold with around 98 thousand euros of debt and 500 thousand euros of cash and bank resources
Transaction Information
Full sale
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