U.S. Dry Cleaning Corporation

Founded in 2005, US Dry Cleaning Corporation can trace its roots to the founding of Young’s Laundry and Dry Cleaning in 1902.

U.S. Dry Cleaning is believed to be the first public company consolidating the dry cleaning industry.

The U.S. dry cleaning industry is ready for consolidation:

•  Estimated $10 billion a year industry.
•  Estimated 27,000-30,000 stores.
•  Many stores owned by second and third generation.
•  Many operators looking for an exit strategy.
•  Stable industry with very low failure rate.

Using a traditional consolidation model, USDCC is able to take advantage of economies of scale and improve margins through the following:

• Centralized management, which eliminates administrative duplication.
• Better equipment utilization.
• Operating efficiencies.
• Access to the capital markets.
• Increased purchasing power.