Centennial Distributing Corp

Description

Dry Cleaning and Fabric Care have become a multimillion dollar industry and have continually grown over the past decades couple that with the rapid growth of the Las Vegas area and we have a very marketable and high demand product. We expect this growth to continue based on the return in popularity of natural fibers such as wool's, silks, cottons and linens all of which require professional care. The addition of large numbers women in the work force, the increase in the cost of garments and the lack of free time have all added to the incentives of Professionally Dry Cleaning your clothes.Dry Cleaning stores are an attractive extremely profitable business opportunity. In an article in the Jan 13, 1986 issue of US News and World Report it states that "Proprietors of small businesses have a far higher chance of becoming millionaires than do professionals, Doctors, Lawyers and corporate executives may hold the most prestigious jobs, but they aren't making the most money" "As the number of millionaires increases, the American millionaire is more likely to resemble the local Dry Cleaner than a figure cast in Hollywood". Noted marketing professor Thomas Stanley, who has surveyed millionaires since 1973, places Dry Cleaning in the number five position on the list of businesses that often make their owners millionaires. The profitability of these stores and the fact that there is no shortage of dirty clothes and they have to be cleaned, regardless of whether there's a recession or a rapid growth in the economy explains the low failure rate and prompts comments like the 15 Sep 1985 Wall Street Journal article that states "Funeral Homes fail less often than any other type of business. tobacco wholesalers, fuel oil dealers, laundries and Dry Cleaners and drug stores also have low failure rates, according to a Small Business Administration study."

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