NYSE-MKT: EVI (FULL REPORT)
Avg. (3 Mo) Volume17,634
52 Week Range1.30 – 3.50
The company also offers boiler products consisting of low emission steam boilers, steam systems, and hot water systems that are used in the laundry and dry cleaning industry for temperature control, heating, pressing, and de-wrinkling, as well as in the healthcare industry, food and beverage industry, and other industrial markets for sterilization and product sealing. In addition, it owns the worldwide rights to the name DRYCLEAN USA, which the company franchises and licenses to retail drycleaners. EnviroStar, Inc. sells its commercial and industrial laundry equipment and boilers to laundry plants, hotels, motels, cruise lines, hospitals, hospital combines, nursing homes, government institutions, distributors, and specialized users; and dry cleaning equipment to independent and franchise dry cleaning stores, chains,
Our Company, through its main subsidiary Steiner-Atlantic Corp., distributes industrial boilers, commercial laundry and dry-cleaning equipment, parts and technical service. Our products include our proprietary lines of machines under the Aero-Tech, Multi-Jet and Green Jet brand names as well as industry leading brands such as MILNOR, CHICAGO, ADC, CLEAVER-BROOKS, FULTON, IPSO, CISSELL, UNION, REMA, INGERSOLL-RAND, UNIPRESS, FORENTA, and WHITE.
The Company recently changed its name to EnviroStar Inc., from its previous name of Dryclean USA, Inc. to emphasize the Company’s efforts toward sales of environmentally safe and efficient equipment into various commercial and industrial markets.
The Company seeks to establish customer satisfaction by offering:
Design and layout assistance with our in-house architectural design services
Comprehensive equipment, parts and accessories inventory with same day or overnight availability.
Full-service delivery, rigging, startup, training and preventive maintenance programs performed by factory-trained technicians.
Full-service staff with toll-free support line to resolve customer service and technical issues.
The Company’s customer base consists of approximately 1700 customers in the United States, the Caribbean and Latin America. Our products are installed in leading hotels, motels, hospitals, schools, cruise lines, commercial laundry and dry-cleaning plants and many other installations. Our factory-trained salesmen are ever ready to assist our customers in engineering and designing their projects
In addition, the Company, through its subsidiary Dryclean USA License Corp., franchises dry-cleaning and laundry establishments in the United States and Latin American markets and one of the largest and most respected license and franchise operations in the industry.
Envirostar, Inc. companies:
Steiner Atlantic is a leader in the boiler, laundry and dry-cleaning industries. Our mission is to provide reliable equipment, quality technical support, and fast-delivery of parts in order for our customers to succeed.
We serve companies both big and small, domestically and internationally. Existing owners of and entrepreneurs entering, dry-cleaning and coin-operated laundry businesses are our customers. Executives and plant engineers of major resorts, hotels, cruise lines, and commercial laundries also come to us for sales and service. Regardless of the demands of our customers, we are committed to satisfying them.
DRYCLEAN USA’s mission is to provide quality dry-cleaning and laundering services at its over 400 store locations throughout the United States, Caribbean, and Latin America. That’s why our motto is “Clean Around the World”.
DRYCLEAN USA’s Franchising Program offers entrepreneurs a business opportunity with large profit potential.
EVI has a solid business model and we will keep these shares on our watch list.