• Media Releases ¬
Investor Relations
Business Model
The dry cleaning industry in 2007 is very similar to the retail video industry in 1987; fragmented "Mom and Pop" type operations with no large national company dominating the scene. US Dry Cleaning's business model is very similar to the model created by Wayne Huizenga at Blockbuster Video in 1986. This consolidation model consists of buying successful chains that have a dominant market share, and then use the resources and economies of scale of a public company to improve the profits of the chain by reducing existing operational costs.
 
Industry Comparision
  Dry Cleaning Market 2006
»
Stores 27,000
»
Revenue $9 billion
»
First Consolidator: US Dry Cleaning
  Video Store Market 1986
»
Stores 25,000
»
Revenue $8 billion
»
First Consolidator: Blockbuster Video
 
US Dry Cleaning Corporation can take advantage of skilled management, corporate organizational experience, as well as having the ability to access capital associated with a large public company. Other improved company efficiencies include:
»
Centralized management, thus eliminating unnecessary personnel. Operations, accounting, human resources, and other corporate functions can all be centrally located, and be responsible for the management of hundreds of stores.
»
Modern equipment. Only large operators can afford the newest technology, greatly reducing the cost per garment.
»
The cost of opening a new storefront is minimized.
»
Volume buying power for marketing and advertising.
»
Brand name recognition.