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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.