Dry Cleaning Industry

• Dry cleaning is one of the most stable of all retail industries.
• There are an estimated 27,000 dry cleaners in the U.S.
• The market is estimated to be $8-$10 billion per year.
• Nearly 70% of all dry cleaners have been in business over 5 years.
• Nearly 50% have been in business over 10 years.
• Many dry cleaning operations were founded by parents and even grandparents.
• Many second and third generation owners would like an exit strategy.
• US Dry Cleaning Corporation is a “first mover” into dry cleaning consolidation.
• The dry cleaning industry is very similar to the video industry of 1986- prior to the consolidation by Blockbuster Entertainment.