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
To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.
