Consumer Services - Phoenix, Arizona, United States
We are concentrating our efforts on existing dry cleaners and laundromats in middle to high-income areas with our main focus in growing cities. These dry cleaners and laundromats have profits margins between 20-35%. We are consolidating the dry cleaning and laundromat industry and plan to acquire between 75 and 125 dry cleaners and laundromats throughout the United States. We will continue acquiring dry cleaners and laundromats throughout 2020 and plan to exit by 2030.