8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 14, 2007

DRYCLEAN USA, Inc.

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation)

0-9040	11-2014231
(Commission File Number)	(IRS Employer Identification No.)

290 N.E. 68 Street, Miami, Florida 33138

(Address of principal executive offices)                       (Zip Code)

Registrant’s telephone number, including area code: (305) 754-4551

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

        Item 2.02, including Exhibit 99.1 and the information therefrom incorporated herein by reference are being furnished, and shall not be deemed “filed,” for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or otherwise subject to liability under that section, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 2.02 Results of Operations and Financial Condition.

        On May 14, 2007, the Company issued a press release announcing its results of operations for the Company’s three and nine month periods ended March 31, 2007. A copy of the press release is furnished as Exhibit 99.1 to this Report and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

99.1 The Company's press release dated May 14, 2007.

SIGNATURE

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: May 15, 2007


        DRYCLEAN USA, Inc.


By: /s/ Venerando J. Indelicato
        Venerando J. Indelicato,
        Treasurer and Chief Financial Officer

EXHIBIT INDEX

Exhibit No.

99.1
Description

The Company's press release dated May 14, 2007.

EX-99

Exhibit 99.1

From: DRYCLEAN USA. Inc.
290 NE 68 Street
Miami, FL 33138
Michael Steiner(305) 754-4551
Venerando Indelicato (813) 814-0722

FOR IMMEDIATE RELEASE

DRYCLEAN USA, Inc. Announces Third Quarter Results

Miami, FL – May 14, 2007 – DRYCLEAN USA, Inc. (AMEX:DCU) today reported record revenues and earnings for the nine months ended March 31, 2007. Revenues increased by 21.2% to $17,436,944 from $14,389,739 for the same period of fiscal 2006. Net earnings increased by 6.9% to $653,086 or $.09 per diluted share compared to net earnings of $610,813 or $.09 per diluted share for the same period of fiscal 2006.

For the third quarter of fiscal 2007, revenues decreased by 9.1% to $5,181,944 from $5,697,793 in the comparable period of fiscal 2006. Net earnings for the quarter were essentially flat, decreasing by 2.8% to $223,128 or $.03 per diluted share from $229,606 or $.03 per diluted share for the third quarter of fiscal 2006.

Venerando J. Indelicato, Chief Financial Officer of DRYCLEAN USA, Inc., stated: “The Company continues to perform well in fiscal 2007, reaching record revenues and profits for the nine month period. Comparisons for the third quarter were more difficult, as the Company shipped a larger order during the third quarter of fiscal 2006, which had been delayed due to the effects of Hurricanes Katrina and Wilma. Despite the comparative reduction in sales, the Company’s gross profit margin for the third quarter of fiscal 2007 improved from the third quarter of fiscal 2006.”

DRYCLEAN USA, Inc. through its subsidiaries is one of the nation’s leading distributors of industrial laundry, dry cleaning machines and steam boilers. Its subsidiary, DRYCLEAN USA License Corp, is one of the largest franchise and license operations in the dry cleaning industry, currently consisting of over 400 franchised and license stores in the United States, the Caribbean and Latin America.

This press release contains certain information that is subject to a number of known and unknown risks and uncertainties that may cause actual results and trends to differ materially from those expressed or implied by the forward-looking statements. Information concerning such factors are discussed in Company reports filed with the Securities and Exchange Commission.

DRYCLEAN USA, Inc.

DRYCLEAN USA, Inc. (AMEX:DCU)

Summary Consolidated Statements of Income

	Nine months ended March 31,				Three months ended March 31,
	2007		2006		2007		2006
Revenues	$	17,436,944	$	14,389,739	$	5,181,944	$	5,697,793
Earnings before income taxes		1,056,103		985,181		361,797		370,333
Provision for income taxes		403,017		374,368		138,669		140,727
Net earnings	$	653,086	$	610,813	$	223,128	$	229,606
Basic and diluted
earnings per share	$	.09	$	.09	$	.03	$	.03
Weighted average shares
outstanding:
Basic		7,034,418		7,024,450		7,034,355		7,024,450
Diluted		7,037,871		7,033,495		7,038,197		7,032,253