NEWPORT BEACH, Calif. — U.S. Dry Cleaning Corp. (USDC) has announced that it will acquire up to 25 Tuchman Cleaners stores in Indianapolis and the surrounding areas.
U.S. Dry Cleaning purchased the stores, owned by National Dry Cleaners of Phoenix, in an all-cash transaction. Details will be announced when the transaction is completed. The deal is anticipated to close by Sept. 30, 2008.
The combined revenue of the acquired stores is in excess of $7 million annually.