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Industry: Zoom Lens on Opportunity   •   61



                                                                         This chart bolsters the
                   Exhibit 1.3  Employment Size by Establishment, 2005 4  Lazybones argument that the
                                                                       market is ripe for consolida-
                                                                        tion by an innovative new
                                                                       player with a logical national
                                                                           expansion plan.

                                              Units
                     Employee Size           Establishments          Percent Total
                     1–4                     15,880                  58.4
                     5–9                     5,907                   21.7
                     10–19                   3,707                   13.6
                     20–49                   1,469                   5.4
                     50–99                   175                     0.6
                     100–250                 54                      0.2
                     250–499                 7                       0.0
                     500–999                 2                       0.0
                     1000+                   1                       0.0
                     Total                   27,196
                      Source: US Census—County Business Patterns.
                      Note: Released June 2007. Information relates to employer establishments only.


                       There are only a few big companies in this space, and fewer still are franchises.
                   Most notable among them are Dry Clean USA and Cool Clean Technologies, which
                   operates franchises under the name Hangers America, LLC (Exhibit 1.4).

                   Exhibit 1.4  Major Players 5





                                                                         Notice how Lazybones
                                                                       highlights trends that suggest
                                                                        its focus on laundry is in a
                                                                        growth phase even though
                                                                       the industry as a whole is in
                                                                            slow decline.







                   4 Ibid.
                   5 Ibid.
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