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What is the success rate of franchised businesses vs. independent businesses?
Per the U.S. Department of Commerce, since 1971 less than 5% of franchises have failed. Per the U.S. Small Business Administration, the small business failure rate is 65% in five years.
What is the size of the dry cleaning market nationwide? What are the current characteristics of the market?
The dry cleaning market is stable and not represented by many national companies. Most are local. Dry Cleaning Station offers a niche in the market by offering prices lower than our competition, the highest quality dry cleaning, friendly service that goes beyond expectation, and state-of-the-art equipment that provides fresh and perfectly done garments. "The price brings them in. The quality brings them back."
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