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