| x | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|--------------------------------------------------------------------------------------|

| o | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|------------------------------------------------------------------------------------------|

| EnviroStar, Inc.                                       |
|--------------------------------------------------------|
| (Exact Name of Registrant as Specified in its Charter) |

|                                                     |
|---------------------------------------------------------------|
| Delaware                                                      |   | 11-2014231 |
| (State or Other Jurisdiction ofIncorporation or Organization) |   | (I.R.S. EmployerIdentification No.) |
|                                                     |   |    |
| 290 N.E. 68th Street, Miami, Florida                          |   | 33138 |
| (Address of Principal Executive Offices)                      |   | (Zip Code) |

----

----

|       |                                                                                                 |   Page |
|------------|------------------------------------------------------------------------------------------------------|-------------|
|       |                                                                                                 |        |
| Item 1.    | Business.                                                                                            | 4           |
|       |                                                                                                 |        |
| Item 1A.   | Risk Factors.                                                                                        | 9           |
|       |                                                                                                 |        |
| Item 1B.   | Unresolved Staff Comments.                                                                           | 9           |
|       |                                                                                                 |        |
| Item 2.    | Properties.                                                                                          | 9           |
|       |                                                                                                 |        |
| Item 3.    | Legal Proceedings.                                                                                   | 9           |
|       |                                                                                                 |        |
| Item 4.    | Removed and Reserved.                                                                                | 9           |
|       |                                                                                                 |        |
| Item 5.    | Market for the Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. | 10          |
|       |                                                                                                 |        |
| Item 6.    | Selected Financial Data.                                                                             | 10          |
|       |                                                                                                 |        |
| Item 7.    | Management’s Discussion and Analysis of Financial Condition and Results of Operations.         | 11          |
|       |                                                                                                 |        |
| Item 7A.   | Quantitative and Qualitative Disclosures About Market Risks.                                         | 17          |
|       |                                                                                                 |        |
| Item 8.    | Financial Statements and Supplementary Data.                                                         | 17          |
|       |                                                                                                 |        |
| Item 9.    | Changes In and Disagreements With Accountants on Accounting and Financial Disclosure.                | 32          |
|       |                                                                                                 |        |
| Item 9A.   | Controls and Procedures.                                                                             | 32          |
|       |                                                                                                 |        |
| Item 9B.   | Other Information.                                                                                   | 33          |
|       |                                                                                                 |        |
| Item 10.   | Directors, Executive Officers and Corporate Governance.                                              | 34          |
|       |                                                                                                 |        |
| Item 11.   | Executive Compensation.                                                                              | 34          |
|       |                                                                                                 |        |
| Item 12.   | Certain Relationships and Related Transactions, and Director Independence.                           | 34          |
|       |                                                                                                 |        |
| Item 13.   | Principal Accountant Fees and Services.                                                              | 34          |
|       |                                                                                                 |        |
| Item 14.   | Exhibits and Financial Statement Schedules.                                                          | 34          |
|       |                                                                                                 |        |
| Signatures |                                                                                                 | 38          |

----

| Item 1. | Business. |
|---------|-----------|

| ·   | distributes commercial and industrial laundry and drycleaning equipment, steam boilers and process steam systems manufactured by others; |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | supplies replacement parts and accessories to its customers; and |
|--------------------|------------------------------------------------------------------|

| ·   | designs and plans “turn-key” laundry and/or drycleaning systems to meet the layout, volume and budget needs of its diversified institutional, retail, industrial and commercial customers. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| ·   | competitive pricing; |
|--------------------|----------------------|

| ·   | maintenance of a comprehensive replacement parts and accessories inventory, often with same day or overnight availability; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------|

| ·   | design and layout assistance; |
|--------------------|-------------------------------|

| ·   | a toll-free support line to resolve customer service problems; and |
|--------------------|--------------------------------------------------------------------|

| ·   | warranty, preventive maintenance and on-site training performed by factory trained technicians. |
|--------------------|-------------------------------------------------------------------------------------------------|

----

----

----

| Item 1A. | Risk Factors. |
|----------|---------------|

| Item 1B. | Unresolved Staff Comments. |
|----------|----------------------------|

| Item 2. | Properties. |
|---------|-------------|

| Facility           |   | ApproximateSq. Ft. |   | Expiration    |
|--------------------|--------|--------------------|--------|---------------|
| Miami, Florida (1) |   | 27,000             |   | October 2014  |
|               |   |               |   |          |
| Miami, Florida     |   | 11,000             |   | December 2014 |

| (1) | Leased from the Sheila Steiner Revocable Trust.  The trustees of this trust are Sheila Steiner, her husband, William K. Steiner, and her son, Michael S. Steiner.  Sheila Steiner, William K. Steiner, who is Chairman of the Board of Directors and a director of the Company, and Michael S. Steiner, who is President and a director of the Company, are trustees of another trust which is a principal shareholder of the Company.  Michael Steiner, individually, is also a principal shareholder of the Company. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Item 3. | Legal Proceedings. |
|---------|--------------------|

| Item 4. | Removed and Reserved. |
|---------|-----------------------|

----

| Item 5. | Market for the Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. |
|---------|------------------------------------------------------------------------------------------------------|

|           |   | High   |   | Low    |
|----------------|--------|--------|--------|--------|
| Fiscal 2011    |   |   |   |   |   |   |
| First Quarter  |   | $      | 1.18   |   |   | $ | 1.05 |   |
| Second Quarter |   |   | 1.20   |   |   |   | 1.02 |   |
| Third Quarter  |   |   | 1.52   |   |   |   | 1.07 |   |
| Fourth Quarter |   |   | 1.44   |   |   |   | 1.02 |   |
|           |   |   |   |   |   |   |   |   |
| Fiscal 2010    |   |   |   |   |   |   |   |   |
| First Quarter  |   | $      | 1.10   |   |   | $ | .85 |   |
| Second Quarter |   |   | 1.25   |   |   |   | .80 |   |
| Third Quarter  |   |   | 1.30   |   |   |   | 1.13 |   |
| Fourth Quarter |   |   | 1.30   |   |   |   | .97 |   |
|           |   |   |   |   |   |   |   |   |

| Item 6. | Selected Financial Data. |
|---------|--------------------------|

----

| Item 7. | Management’s Discussion and Analysis of Financial Condition and Results of Operations. |
|---------|----------------------------------------------------------------------------------------------|

|                         |   |   | Years Ended June 30, |   |
|------------------------------|--------|--------|----------------------|--------|
| Net cash provided (used) by: |   | 2011   |                 |   | 2010 |   |
| Operating activities         |   | $      | 868,997              |   |   | $ | 617,994 |   |
| Investing activities         |   |   | (23,355              | )      |   |   | (17,570 | ) |
| Net increase in cash         |   | $      |  845,642        |   |   | $ | 600,424 |   |
|                         |   |   |                 |   |   |   |   |   |

----

|                                                                |   | Year Ended June 30, |       |   |   |   |
|---------------------------------------------------------------------|--------|---------------------|------------|--------|--------|--------|
|                                                                |   | 2011                |       | 2010   |   |   |   |
| Net sales                                                           |   | $                   | 20,963,876 |   |   | $      | 19,266,533 |   |   |   | +8.8 | % |
| Development fees, franchise and license fees, commissions and other |   |                | 361,851    |   |   |   | 358,671 |   |   |   | +.9 | % |
| Total revenues                                                      |   | $                   | 21,325,727 |   |   | $      | 19,625,204 |   |   |   | +8.7 | % |
|                                                                |   |                |       |   |   |   |   |   |   |   |   |   |

----

|                                         |   | Year Ended June 30, |   |
|----------------------------------------------|--------|---------------------|--------|
|                                         |   | 2011                |   | 2010 |
| As a percentage of net sales:                |   |                |   |   |   |   |
| Cost of sales                                |   |                | 76.4   | % |   |   | 76.1 | % |
| As a percentage of revenues:                 |   |                |   |   |   |   |   |   |
| Selling, general and administrative expenses |   |                | 20.4   | % |   |   | 21.9 | % |
| Total expenses                               |   |                | 95.5   | % |   |   | 96.7 | % |

----

----

----

----

| Item 7A. | Quantitative and Qualitative Disclosures About Market Risks. |
|----------|--------------------------------------------------------------|

| Item 8. | Financial Statements and Supplementary Data. |
|---------|----------------------------------------------|

| Report of Independent Registered Public Accounting Firm | 18 |
|---------------------------------------------------------|----|

| Consolidated Balance Sheets at June 30, 2011 and 2010 | 19 |
|-------------------------------------------------------|----|

| Consolidated Statements of Operations for the years ended June 30, 2011 and 2010 | 20 |
|----------------------------------------------------------------------------------|----|

| Consolidated Statements of Shareholder's Equity for the years ended June 30, 2011 and 2010 | 21 |
|--------------------------------------------------------------------------------------------|----|

| Consolidated Statements of Cash Flows for the years ended June 30, 2011 and 2010 | 22 |
|----------------------------------------------------------------------------------|----|

| Notes to Consolidated Financial Statements | 23 |
|--------------------------------------------|----|

----

REPORT 

----

Consolidated 

|                                                                                                               |   | 2011   |       | 2010   |
|--------------------------------------------------------------------------------------------------------------------|--------|--------|------------|--------|
| June30,                                                                                                            |   |   |       |   |   |   |
| Assets                                                                                                             |   |   |       |   |   |   |
|                                                                                                               |   |   |       |   |   |   |
| Current assets                                                                                                     |   |   |       |   |   |   |
| Cash and cash equivalents                                                                                          |   | $      | 6,907,020  |   |   | $ | 6,061,378 |   |
| Accounts and trade notes receivable, net of allowance for doubtful accounts of $165,000 and $180,000, respectively |   |   | 1,227,491  |   |   |   | 1,185,039 |   |
| Inventories, net                                                                                                   |   |   | 2,290,904  |   |   |   | 1,823,059 |   |
|     Leases and mortgages receivable, net                                                       |   |   | 68,740     |   |   |   | 63,229 |   |
|     Deferred income taxes                                                                      |   |   | 124,431    |   |   |   | 148,718 |   |
| Other current assets                                                                                               |   |   | 59,028     |   |   |   | 70,189 |   |
|                                                                                                               |   |   |       |   |   |   |   |   |
| Total current assets                                                                                               |   |   | 10,677,614 |   |   |   | 9,351,612 |   |
|  Leases and mortgages receivable – due after one year                                                   |   |   | 33,969     |   |   |   | 50,393 |   |
|                                                                                                               |   |   |       |   |   |   |   |   |
| Equipment and improvements, net                                                                                    |   |   | 156,792    |   |   |   | 174,848 |   |
|                                                                                                               |   |   |       |   |   |   |   |   |
| Franchise license, trademarks and other intangible assets, net                                                     |   |   | 79,279     |   |   |   | 93,739 |   |
|                                                                                                               |   |   |       |   |   |   |   |   |
| Deferred income taxes                                                                                              |   |   | 47,847     |   |   |   | 59,942 |   |
| Total assets                                                                                                       |   | $      | 10,995,501 |   |   | $ | 9,730,534 |   |
|                                                                                                               |   |   |       |   |   |   |   |   |
| Liabilities and Shareholders’ Equity                                                                         |   |   |       |   |   |   |   |   |
|                                                                                                               |   |   |       |   |   |   |   |   |
| Current liabilities                                                                                                |   |   |       |   |   |   |   |   |
| Accounts payable and accrued expenses                                                                              |   | $      | 1,021,054  |   |   | $ | 813,046 |   |
| Accrued employee expenses                                                                                     |   |   | 621,482    |   |   |   | 599,475 |   |
|    Income taxes payable                                                                             |   |   | 47,547     |   |   |   | 6,096 |   |
| Customer deposits                                                                                                  |   |   | 1,168,755  |   |   |   | 779,027 |   |
|                                                                                                               |   |   |       |   |   |   |   |   |
| Total current liabilities                                                                                          |   |   | 2,858,838  |   |   |   | 2,197,644 |   |
| Total liabilities                                                                                                  |   |   | 2,858,838  |   |   |   | 2,197,644 |   |
|                                                                                                               |   |   |       |   |   |   |   |   |
| Commitments and contingencies                                                                                      |   |   | -          |   |   |   | - |   |
|                                                                                                               |   |   |       |   |   |   |   |   |
| Shareholders’ equity                                                                                         |   |   |       |   |   |   |   |   |
| Preferred stock, $1.00 par value:                                                                                  |   |   |       |   |   |   |   |   |
| Authorized shares – 200,000; noneissued and outstanding                                                      |   |   | -          |   |   |   | - |   |
| Common stock, $0.025 par value:                                                                                    |   |   |       |   |   |   |   |   |
| Authorized shares – 15,000,000; 7,065,500,shares issued, including shares held in treasury                   |   |   | 176,638    |   |   |   | 176,638 |   |
| Additional paid-in capital                                                                                         |   |   | 2,095,069  |   |   |   | 2,095,069 |   |
| Retained earnings                                                                                                  |   |   | 5,868,894  |   |   |   | 5,265,121 |   |
| Treasury stock, 31,768 shares, at cost                                                                             |   |   | (3,938     | )      |   |   | (3,938 | ) |
|                                                                                                               |   |   |       |   |   |   |   |   |
| Total shareholders’ equity                                                                                   |   |   | 8,136,663  |   |   |   | 7,532,890 |   |
| Total liabilities and shareholders’ equity                                                                   |   | $      | 10,995,501 |   |   | $ | 9,730,534 |   |

----

Consolidated 

| Years ended June 30,                                                                   |   | 2011   |       |   | 2010   |   |
|----------------------------------------------------------------------------------------|--------|--------|------------|--------|--------|--------|
|                                                                                   |   |   |       |   |   |   |
| Revenues:                                                                              |   |   |       |   |   |   |
| Net sales                                                                              |   | $      | 20,963,876 |   |   | $      | 19,266,533 |   |
| Development fees, franchise and license fees, commission income and other revenue |   |   | 361,851    |   |   |   | 358,671 |   |
|                                                                                   |   |   |       |   |   |   |   |   |
| Total                                                                                  |   |   | 21,325,727 |   |   |   | 19,625,204 |   |
|                                                                                   |   |   |       |   |   |   |   |   |
| Cost of sales, net                                                                     |   |   | 16,015,892 |   |   |   | 14,669,163 |   |
| Selling, general and administrative expenses                                           |   |   | 4,356,358  |   |   |   | 4,302,063 |   |
|                                                                                   |   |   |       |   |   |   |   |   |
| Total                                                                                  |   |   | 20,372,250 |   |   |   | 18,971,226 |   |
|                                                                                   |   |   |       |   |   |   |   |   |
| Operating income                                                                       |   |   | 953,477    |   |   |   | 653,978 |   |
|                                                                                   |   |   |       |   |   |   |   |   |
| Other income and expense:                                                              |   |   |       |   |   |   |   |   |
| Interest income                                                                        |   |   | 21,628     |   |   |   | 13,213 |   |
|                                                                                   |   |   |       |   |   |   |   |   |
| Earnings before provision for income taxes                                             |   |   | 975,105    |   |   |   | 667,191 |   |
| Provision for income taxes                                                             |   |   | 371,332    |   |   |   | 253,125 |   |
|                                                                                   |   |   |       |   |   |   |   |   |
| Net earnings                                                                           |   | $      | 603,773    |   |   | $      | 414,066 |   |
|                                                                                   |   |   |       |   |   |   |   |   |
| Net earnings per share – basic and diluted                                       |   | $      | .09        |   |   | $      | .06 |   |
|                                                                                   |   |   |       |   |   |   |   |   |
|                                                                                   |   |   |       |   |   |   |   |   |
| Weighted average number of basic and diluted common shares outstanding                 |   |   | 7,033,732  |   |   |   | 7,033,732 |   |
|                                                                                   |   |   |       |   |   |   |   |   |

----

Consolidated 

|                     |   |               |      |   | Additional    |    |           |   |   |     |      |     |
|--------------------------|--------|--------------------|-----------|--------|---------------|---------|----------------|--------|--------|----------|-----------|----------|
|                     |   |  Common Stock |      |   |  Paid-in |    | Treasury Stock |   |   | Retained |      |     |   |
|                     |   | Shares             |      | Amount |          | Capital |           | Shares |   | Cost     |      | Earnings |   | Total |
|                     |   |               |      |   |          |    |           |   |   |     |      |     |   |   |   |   |   |   |
| Balance at June 30, 2009 |   |               | 7,065,500 |   |          | $       | 176,638        |   |   | $        | 2,095,069 |     |   |   | 31,768 |   |   | $ | (3,938 | ) |   | $ | 4,851,055 |   |   | $ | 7,118,824 |   |
|                     |   |               |      |   |          |    |           |   |   |     |      |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net earnings             |   |               | -         |   |          |    | -              |   |   |     | -         |     |   |   | - |   |   |   | - |   |   |   | 414,066 |   |   |   | 414,066 |   |
| Balance at June 30, 2010 |   |               | 7,065,500 |   |          |    | 176,638        |   |   |     | 2,095,069 |     |   |   | 31,768 |   |   |   | (3,938 | ) |   |   | 5,265,121 |   |   |   | 7,532,890 |   |
|                     |   |               |      |   |          |    |           |   |   |     |      |     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net earnings             |   |               | -         |   |          |    | -              |   |   |     | -         |     |   |   | - |   |   |   | - |   |   |   | 603,773 |   |   |   | 603,773 |   |
| Balance at June 30, 2011 |   |               | 7,065,500 |   |          | $       | 176,638        |   |   | $        | 2,095,069 |     |   |   | 31,768 |   |   | $ | (3,938 | ) |   | $ | 5,868,894 |   |   | $ | 8,136,663 |   |

----

Consolidated 

| Years ended June 30,                                                                                         |   | 2011   |      | 2010   |
|--------------------------------------------------------------------------------------------------------------|--------|--------|-----------|--------|
|                                                                                                         |   |   |      |   |   |   |
| Operating activities:                                                                                        |   |   |      |   |   |   |
| Net income                                                                                                   |   | $      | 603,773   |   |   | $ | 414,066 |   |
| Adjustments to reconcile net income to net cash and cash equivalentsprovided (used) by operating activities: |   |   |      |   |   |   |   |   |
| Depreciation and amortization                                                                                |   |   | 55,872    |   |   |   | 75,054 |   |
| Bad debt expense                                                                                             |   |   | 10,511    |   |   |   | (22,894 | ) |
| Inventory reserve                                                                                            |   |   | (50,988   | )      |   |   | 3,256 |   |
| Provision for deferred income taxes                                                                          |   |   | 36,382    |   |   |   | 25,809 |   |
| (Increase) decrease in operating assets:                                                                     |   |   |      |   |   |   |   |   |
| Accounts and trade notes receivables                                                                         |   |   | (52,964   | )      |   |   | (225,931 | ) |
| Inventories                                                                                                  |   |   | (416,857  | )      |   |   | 1,176,113 |   |
| Leases and mortgages receivable                                                                              |   |   | 10,913    |   |   |   | (113,622 | ) |
| Refundable income taxes                                                                                      |   |   | -         |   |   |   | 51,220 |   |
| Other current assets                                                                                         |   |   | 11,161    |   |   |   | 105,472 |   |
| Increase (decrease) in operating liabilities:                                                                |   |   |      |   |   |   |   |   |
| Accounts payable and accrued expenses                                                                        |   |   | 208,008   |   |   |   | 99,385 |   |
| Accrued employee expenses                                                                                    |   |   | 22,007    |   |   |   | 92,765 |   |
| Income taxes payable                                                                                         |   |   | 41,451    |   |   |   | 6,096 |   |
| Customer deposits                                                                                            |   |   | 389,728   |   |   |   | (1,068,795 | ) |
|                                                                                                         |   |   |      |   |   |   |   |   |
| Net cash provided by operating activities                                                                    |   |   | 868,997   |   |   |   | 617,994 |   |
|                                                                                                         |   |   |      |   |   |   |   |   |
| Investing activities:                                                                                        |   |   |      |   |   |   |   |   |
| Net capital expenditures                                                                                     |   |   | (23,355   | )      |   |   | (17,570 | ) |
|                                                                                                         |   |   |      |   |   |   |   |   |
| Net cash used by investing activities                                                                        |   |   | (23,355   | )      |   |   | (17,570 | ) |
|                                                                                                         |   |   |      |   |   |   |   |   |
| Net increase in cash and cash equivalents                                                                    |   |   | 845,642   |   |   |   | 600,424 |   |
| Cash and cash equivalents at beginning of year                                                               |   |   | 6,061,378 |   |   |   | 5,460,954 |   |
|                                                                                                         |   |   |      |   |   |   |   |   |
| Cash and cash equivalents at end of year                                                                     |   | $      | 6,907,020 |   |   | $ | 6,061,378 |   |
|                                                                                                         |   |   |      |   |   |   |   |   |
| Supplemental Information:                                                                                    |   |   |      |   |   |   |   |   |
| Cash paid for income taxes                                                                                   |   | $      | 293,500   |   |   | $ | 160,000 |   |

----

Notes 

| 1.   Summary of SignificantAccounting Policies |
|---------------------------------------------------------------|
|                                                          |   |
| Nature of Business                                            | EnviroStar, Inc. and subsidiaries (collectively, the “Company”) sell commercial and industrial laundry and dry cleaning equipment, boilers and replacement parts.  The Company also sells individual and area franchises under the DRYCLEAN USA name and develops new turn-key dry cleaning establishments for resale to third parties.  |
|                                                          | The Company primarily sells to customers located in the United States, the Caribbean and Latin America.  |
|                                                          | Effective December 1, 2009, the Company changed its name from “DRYCLEAN USA, Inc.” to “EnviroStar, Inc.”  |
| Principles ofConsolidation                                    | The accompanying consolidated financial statements include the accounts of EnviroStar, Inc. and its wholly-owned subsidiaries.  Intercompany transactions and balances have been eliminated in consolidation.  |
| RevenueRecognition                                            | Products are generally shipped FOB from the Company’s warehouse or drop shipped from the Company’s Vendor FOB, at which time risk of loss and title passes to the purchaser.  Revenue is recognized when there is persuasive evidence of the arrangement, delivery has occurred, the price is fixed and determinable and collectability is reasonably assured.  In some cases, the Company collects non-income related taxes, including sales and use tax, from its customers and remits those taxes to governmental authorities.  The Company presents revenues net of these taxes.  Shipping, delivery and handling fee income of approximately $720,000 and $680,000 for the years ended June 30, 2011 and 2010, respectively, is included in revenues in the consolidated financial statements.  Shipping, delivery and handling costs are included in cost of sales. Individual franchise arrangements include a license and provide for payment of initial fees, as well as continuing royalties.  Initial franchise fees are generally recorded upon the opening of the franchised store, which is evidenced by a certificate from the franchisee, indicating that the store has opened, and collectability is reasonably assured.  Continuing royalties represent regular contractual payments received for the use of the “DRYCLEAN USA” marks, which are recognized as revenue when earned, generally on a straight line basis.  Royalty fees recognized during the years ended June 30, 2011 and 2010 were approximately $145,000 and $128,000, respectively. Commissions and development fees are recorded when earned, generally when the services are performed or the transaction is closed. |

----

| Accounts andTrade NotesReceivable                     | Accounts and trade notes receivable are customer obligations due under normal trade terms. The Company sells its products primarily to independent and franchise dry cleaning stores and chains, laundry plants, hotels, motels, cruise lines, hospitals, nursing homes, government institutions and distributors.  The Company performs continuing credit evaluations of its customers’ financial condition and, depending on the terms of credit, the amount of the credit granted and management’s history with a customer, the Company may require the customer to grant a security interest in the purchased equipment as collateral for the receivable.  Senior management reviews accounts and notes receivable on a regular basis to determine if any amounts will potentially be uncollectible. The Company includes any balances that are determined to be uncollectible, along with a general reserve, in its overall allowance for doubtful accounts. After all attempts to collect a receivable have failed, the receivable is written off.  Based on the information available, as of June 30, 2011, management decreased the Company’s allowance for doubtful accounts to $165,000, a decrease of $15,000 from June 30, 2010.  However, actual write-offs might vary from the recorded allowance.  |
|-------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Leases and MortgagesReceivable                        | The Company sells products to certain customers under lease and mortgage arrangements for terms typically ranging from one to five years.  The Company accounts for these sales-type leases according to the provisions of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 840, “Leases,” and, accordingly, recognizes current and long-term leases and mortgages receivable, net of unearned income, on the accompanying consolidated balance sheets.  The present value of all payments is recorded as sales and the related cost of the equipment is charged to cost of sales.  The associated interest is recorded over the term of the lease or mortgage using the effective interest method.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| Inventories                                           | Inventories consist principally of equipment and spare parts.  Equipment is valued at the lower of cost, determined on the specific identification method, or market.  Spare parts are valued at the lower of average cost or market.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Equipment,Improvements andDepreciation                | Property and equipment are stated at cost.  Depreciation and amortization are calculated on accelerated and straight-line methods over lives of five to seven years for furniture and equipment and the lesser of ten years or the life of the lease for leasehold improvements for financial reporting purposes, except that leasehold improvements are amortized over 39 years for income tax purposes.  Repairs and maintenance costs are expensed as incurred.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| Franchise License,Trademark andOther IntangibleAssets | The Company follows ASC Topic 350, “Intangibles – Goodwill and Other” (“ASC 350”), which requires that finite-lived intangibles be amortized over their estimated useful life while indefinite-lived intangibles and goodwill are not amortized.  Franchise license, trademark, and other finite-lived intangible assets are stated at cost less accumulated amortization, and are amortized on a straight-line basis over the estimated future periods to be benefited (10-15 years).  Patents are amortized over the shorter of the patent’s useful life or legal life from the date the patent is granted.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |

----

| Asset Impairments                 | ASC Topic 360, “Property, Plant, and Equipment” (“ASC 360”) and ASC 350 require the Company to periodically review the carrying amounts of its long-lived assets, including property, plant and equipment and certain identifiable intangible assets, for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future net cash flows expected to be generated by the asset. If the assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of their carrying amount or fair value less estimated costs to sell.  The Company has concluded that there was no impairment of long-lived assets in fiscal 2011 or fiscal 2010.  |
|-----------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Cash Equivalents                  | Cash equivalents include all highly liquid investments with original maturities of three months or less.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| Estimates                         | The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| Earnings Per Share                | Basic earnings per share are computed on the basis of the weighted average number of common shares outstanding during each year. Diluted earnings per share are computed on the basis of the weighted average number of common shares and dilutive securities outstanding during each year.  The Company had no dilutive securities outstanding during fiscal 2011 or fiscal 2010.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| Advertising Costs                 | The Company expenses the cost of advertising as of the first date an advertisement is run.  The Company expensed approximately $64,000 and $83,000 of advertising costs for the years ended June 30, 2011 and 2010, respectively.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Fair Value ofFinancialInstruments | The Company’s financial instruments consist principally of cash and cash equivalents, accounts and trade notes receivable, accounts payable and accrued expenses.  Due to their relatively short-term nature or variable rates, the carrying amounts of those financial instruments, as reflected in the accompanying consolidated balance sheets, approximate their estimated fair value.  Their estimated fair value is not necessarily indicative of the amounts the Company could realize from those assets in a current market exchange or of future earnings or cash flows.                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Customer Deposits            | Customer deposits represent advances paid by certain customers when placing orders for equipment with the Company.  These deposits are generally non-refundable.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| Income Taxes                      | The Company follows ASC Topic 740, “Income Taxes” (“ASC 740”).  Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributed to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases.  Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.  Under ASC 740, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.  If it is more likely than not that some                                                                                                                                                                                                  |

----

|                               | portion of a deferred tax asset will not be realized, a valuation allowance is recognized. Significant judgment is required in developing the Company’s provision for income taxes, deferred tax assets and liabilities and any valuation allowances that might be required against the deferred tax assets.  Management evaluates its ability to realize its deferred tax assets on a quarterly basis and adjusts its valuation allowance when it believes that it is more likely than not that the asset will not be realized.   There were no valuation allowances during fiscal 2011 or fiscal 2010. The Company follows the provisions of FASB Interpretation (FIN) No. 48, “Accounting for Uncertainty in Income Taxes–an interpretation of FASB Statement No. 109,” which has been codified in ASC 740.  ASC 740 contains a two-step approach to recognizing and measuring uncertain tax positions.  The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any.  The second step is to measure the tax benefit as the largest amount which is more than 50% likely of being realized upon ultimate settlement.  The Company considers many factors when evaluating and estimating its tax positions and tax benefits, which may require periodic adjustments and which may not accurately anticipate actual outcomes.  ASC 740 did not result in any adjustment to the Company’s provision for income taxes.  |
|------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Recently AdoptedAccountingGuidance | In October 2009, the FASB issued Accounting Standards Update (“ASU”) No. 2009-13, “Revenue Recognition (Topic 605) – Multiple-Deliverable Revenue Arrangements,” which amends the revenue recognition for multiple-element arrangements and expands the disclosure requirements related to such arrangements.  The new guidance amends the criteria for separating consideration in multiple-deliverable arrangements, establishes a selling price hierarchy for determining the selling price of a deliverable, eliminates the residual method of allocation, and requires the application of relative selling price method in allocating the arrangement consideration to all deliverables.  The Company adopted this accounting guidance beginning July 1, 2010.  The adoption of this accounting guidance did not to have a material impact on the Company’s financial statements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |

|   | In January 2010, the FASB issued ASU No. 2010-06, “Fair Value Measurements and Disclosures (Topic 820):  Improving Disclosures about Fair Value Measurements” (“ASU No. 2010-06”).  ASU No. 2010-06 amends ASC 820 and clarifies and provides additional disclosure requirements on the transfers of assets and liabilities between Level 1 (quoted prices in active market for identical assets or liabilities) and Level 2 (significant other observable inputs) of the fair value measurement hierarchy, including the reasons for and the timing of the transfers.  Additionally, the guidance requires a roll forward of activities on purchases, sales, issuance, and settlements of the assets and liabilities measured using significant unobservable inputs (Level 3 fair value measurements).  ASU No. 2010-06 became effective for the first interim or annual reporting period for the Company beginning on January 1, 2010, except for the gross presentation of the Level 3 roll forward, which is required for annual reporting periods beginning for the Company on July 1, 2011 and for interim reporting periods thereafter.  Early application is permitted and comparative disclosures are not required in the period of initial adoption.  The adoption of this ASU did not have a material impact on the Company’s financial statements. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | In July 2010, the FASB issued ASU 2010-20, “Disclosures about the Credit Quality of Financing Receivables and the Allowance for Credit Loss” (“ASU 2010-20”).  ASU 2010-20 amends ASC Topic 310, “Receivables” to enhance disclosures about the credit quality of financing receivables and the allowance for credit losses by requiring an entity to provide a greater level of disaggregated information and to disclose credit quality indicators, past due information, and modifications of its financing receivables.  ASU 2010-20 is effective for the Company for interim and annual fiscal periods beginning January 1, 2011.  The Company’s adoption of ASU 2010-20 did not have a material impact on its consolidated financial statements. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. Inventories | Inventories are comprised of: |
|----------------|-------------------------------|

| June 30,     |   | 2011   |      | 2010   |
|--------------|--------|--------|-----------|--------|
|         |   |   |      |   |   |   |
| Equipment    |   | $      | 1,403,654 |   |   | $ | 1,051,966 |   |
| Parts        |   |   | 958,221   |   |   |   | 894,943 |   |
|         |   |   | 2,361,875 |   |   |   | 1,946,909 |   |
| Less reserve |   |   | (70,971   | )      |   |   | (123,850 | ) |
|         |   | $      | 2,290,904 |   |   | $ | 1,823,059 |   |
|         |   |

|   | The Company has established reserves of $70,971 and $123,850 for the years ended June 30, 2011 and 2010, respectively, against slow moving inventory. For the year ended June 30, 2011 and 2010, the Company wrote-down approximately $4,400 and $9,600, respectively, in slow moving inventory. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.  Equipment and Improvements | Major classes of equipment and improvements consist of the following: |
|-------------------------------------|-----------------------------------------------------------------------|

| June 30,                                       |   | 2011   |     | 2010   |
|------------------------------------------------|--------|--------|----------|--------|
|                                           |   |   |     |   |   |   |
| Furniture and equipment                        |   | $      | 463,543  |   |   | $ | 461,616 |   |
| Leasehold improvements                         |   |   | 375,012  |   |   |   | 355,483 |   |
|                                           |   |   | 838,555  |   |   |   | 817,099 |   |
| Less accumulated depreciation and amortization |   |   | (681,763 | )      |   |   | (642,251 | ) |
|                                           |   | $      | 156,792  |   |   | $ | 174,848 |   |

|   | Depreciation and amortization of equipment and improvements amounted to $39,512 and $51,974 for the years ended June 30, 2011 and 2010, respectively. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.   Intangible Assets | Franchise license, trademarks and other intangible assets consist of the following: |
|----------------------------------|-------------------------------------------------------------------------------------|

|                                          |   | EstimatedUseful Lives(in years) |   |   | June 30,2011 |   | June 30,2010 |
|-----------------------------------------------|--------|---------------------------------|--------|--------|--------------|--------|--------------|
|                                          |   |                            |   |   |         |   |         |   |   |
| Franchise license agreements                  |   |                            | 10     |   |         | $      | 529,500      |   |   | $ | 529,500 |   |
| Trademarks, patents and  Tradenames |   |                            | 10-15  |   |         |   | 230,129      |   |   |   | 228,229 |   |
|                                          |   |                            |   |   |         |   | 759,629      |   |   |   | 757,729 |   |
| Less accumulated amortization                 |   |                            |   |   |         |   | (680,350     | ) |   |   | (663,990 | ) |
|                                          |   |                            |   |   |         | $      | 79,279       |   |   | $ | 93,739 |   |

|   | Amortization expense was $16,360 in fiscal 2011 and $23,080 in fiscal 2010. |
|--------|-----------------------------------------------------------------------------|

----

| 5.   Leases andMortgagesReceivable  | Leases and mortgages receivable result from customer leases of equipment under arrangements which qualify as sales type leases.  At June 30, 2011 and 2010, future lease payments, net of deferred interest ($14,100 and $13,679 at June 30, 2011 and 2010, respectively), due under these leases was $102,709 and $113,622, respectively.  |
|----------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.   Income Taxes | The following are the components of income taxes: |
|-----------------------------|---------------------------------------------------|

| Years ended June 30, |   | 2011   |    | 2010   |
|----------------------|--------|--------|---------|--------|
|                 |   |   |    |   |   |   |
| Current              |   |   |    |   |   |   |
| Federal              |   | $      | 285,994 |   |   | $ | 194,092 |   |
| State                |   |   | 48,956  |   |   |   | 33,224 |   |
|                 |   |   | 334,950 |   |   |   | 227,316 |   |
|                 |   |   |    |   |   |   |   |   |
| Deferred             |   |   |    |   |   |   |   |   |
| Federal              |   |   | 31,064  |   |   |   | 22,037 |   |
| State                |   |   | 5,318   |   |   |   | 3,772 |   |
|                 |   |   | 36,382  |   |   |   | 25,809 |   |
|                 |   | $      | 371,332 |   |   | $ | 253,125 |   |

|   | The reconciliation of income tax expense computed at the Federal statutory tax rate of 34% to the provision for income taxes is as follows: |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------|

| Years ended June 30,                                                          |   | 2011   |    | 2010   |
|-------------------------------------------------------------------------------|--------|--------|---------|--------|
|                                                                          |   |   |    |   |   |   |
| Tax at the statutory rate                                                     |   | $      | 331,536 |   |   | $ | 226,845 |   |
| State income taxes,      net of federal benefit |   |   | 35,396  |   |   |   | 24,219 |   |
| Other                                                                         |   |   | 4,400   |   |   |   | 2,061 |   |
|                                                                          |   | $      | 371,332 |   |   | $ | 253,125 |   |
|                                                                          |   |   |    |   |   |   |   |   |
| Effective tax rate                                                            |   |   | 38.1    | %      |   |   | 37.9 | % |

|   | Deferred income taxes reflect the net tax effect of temporary differences between the bases of assets and liabilities for financial reporting purposes and the bases used for income tax purposes.  Significant components of the Company’s current and noncurrent deferred tax assets and liabilities are as follows: |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Years ended June 30,                             |   | 2011   |    | 2010   |
|--------------------------------------------------|--------|--------|---------|--------|
|                                             |   |   |    |   |   |   |
| Current deferred tax asset:                      |   |   |    |   |   |   |
| Allowance for doubtful accounts                  |   | $      | 62,090  |   |   | $ | 67,734 |   |
| Inventory capitalization                         |   |   | 35,634  |   |   |   | 35,090 |   |
|      Inventory reserves      |   |   | 26,707  |   |   |   | 45,894 |   |
|                                             |   |   | 124,431 |   |   |   | 148,718 |   |
|                                             |   |   |    |   |   |   |   |   |
| Noncurrent deferred tax asset:                   |   |   |    |   |   |   |   |   |
| Equipment and improvements                       |   |   | 5,035   |   |   |   | 3,270 |   |
| Franchise, trademarks and otherintangible assets |   |   | 42,812  |   |   |   | 56,672 |   |
|                                             |   |   | 47,847  |   |   |   | 59,942 |   |
| Total net deferred income tax asset              |   | $      | 172,278 |   |   | $ | 208,660 |   |

|   | As of June 30, 2011, the Company was subject to potential Federal and State tax examinations for the tax years 2007 through 2010. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------|

----

| 7.   CreditAgreement andTerm Loan | The Company is a party to a bank loan agreement which provides the Company with a revolving credit facility of $2,250,000, including a $1,000,000 letter of credit subfacility and $250,000 foreign exchange subfacility.  Borrowings under the revolving credit facility bear interest at 2.50% per annum above the Adjusted LIBOR Market Index Rate, are guaranteed by all of the Company’s subsidiaries and are collateralized by substantially all of the Company’s and its subsidiaries’ assets.  The revolving credit facility matures October 30, 2011.  During fiscal 2011 and fiscal 2010, there were no borrowings, letters of credit or foreign exchange contracts outstanding under the line of credit.  The loan agreement requires maintenance of certain debt service coverage and leverage ratios and contains other restrictive covenants, including limitations on the extent to which the Company and its subsidiaries may incur additional indebtedness, pay dividends, guarantee indebtedness of others, grant liens, sell assets and make investments.  The Company was in compliance with these covenants at June 30, 2011 and 2010. |
|---------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.   Related PartyTransactions    | The Company leases warehouse and office space under an operating lease from the Sheila Steiner Revocable Trust.  The trustees of this trust are Sheila Steiner, her husband, William K. Steiner, and her son, Michael S. Steiner.  Sheila Steiner, William K. Steiner, who is Chairman of the Board of Directors and a director of the Company, and Michael S. Steiner, who is President and a director of the Company, are trustees of another trust which is a principal shareholder of the Company.  Michael Steiner, individually, is also a principal shareholder of the Company. The lease was for an original three year term which commenced on November 1, 2005, with two three-year renewal options in favor of the Company.  The Company has exercised the second renewal option, extending the lease until October 31, 2014.  The lease provides for annual rent increases commencing November 1, 2006 of 3% over the rent in the prior year.  The Company bears the cost of real estate taxes, utilities, maintenance, non-structural repairs and insurance.  The Company believes that the terms of the lease are comparable to terms that would be obtained from an unaffiliated third party for similar property in a similar locale.  Annual rental expense under this lease was approximately $116,100 in fiscal 2011 and $112,700 in fiscal 2010. The Company paid a law firm, in which a director is Senior Counsel, approximately $44,300 and $53,100 in fiscal 2011 and 2010, respectively, for legal services performed.  |
|---------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 9.   Concentrationsof Credit Risk | Financial instruments which potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents, accounts and trade receivables and leases and mortgages receivable.  The Company maintains its cash and cash equivalents, including a money market account, at a large bank and a tax-free municipal money market fund at a large brokerage firm.  At times, the bank deposits may exceed Federal Deposit Insurance Corporation (FDIC) and the brokerage account may exceed Securities Investor Protection Corporation (SIPC) limits.  In addition to SIPC protection, the broker also maintains excess SIPC insurance with a large and reputable insurance carrier.  Concentrations of credit risk with respect to trade receivables are limited due to a large customer base.  Also, based on the Company’s credit evaluation, trade receivables are often collateralized by the equipment sold.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |

----

| 10.   Commitments | In addition to the warehouse and office space leased from the Sheila Steiner Revocable Trust (see Note 8), the Company leases an additional warehouse facility from an unrelated third party under an operating lease expiring in December 2014.  Minimum future rental commitments for both leases approximate the following: |
|-----------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Years ending June 30,   |   |   |          |
|-------------------------|--------|--------|---------------|
|                    |   |   |          |
| 2012                    |   | $      |  164,500 |   |
| 2013                    |   |   | 170,300       |   |
| 2014                    |   |   | 174,000       |   |
| 2015                    |   |   | 66,200        |   |
| 2016                    |   |   | -             |   |
|    Total |   | $      |  575,000 |   |

|   | Rent expense under all leases aggregated approximately $163,700 and $188,000 for the years ended June 30, 2011 and 2010, respectively. As of June 30, 2010, the Company had no outstanding letters of credit. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The Company, through its manufacturers, provides parts warranties for products sold.  These warranties are the responsibility of the manufacturer.  As such, warranty related expenses are insignificant to the consolidated financial statements. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.   Retirement Plan | The Company has a participatory deferred compensation plan under which it matches employee contributions up to 2% of an eligible employee’s yearly compensation.  Employees are eligible to participate in the plan after one year of service.  The Company contributed approximately $14,200 and $15,600 to the Plan during fiscal 2011 and fiscal 2010, respectively.  The plan is qualified under Section 401(k) of the Internal Revenue Code. |
|---------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.   Stock Options | The Company’s 2000 Stock Option Plan was the Company’s only stock-based compensation plans in effect during fiscal 2011 or fiscal 2010.  No options were granted under the plan in fiscal 2011 or fiscal 2010 and no options were outstanding under the plan at June 30, 2011 and 2010.  The 2000 Stock Option Plan expired on May 15, 2010 with no outstanding options. |
|-------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13.   Segment Information | The Company’s reportable segments are strategic businesses that offer different products and services.  They are managed separately because each business requires different technology and marketing strategies.                                                                                                                                                                                                                                                                                                                                                    |
|-------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                | Steiner-Atlantic Corp., a wholly-owned subsidiary of the Company, and DRYCLEAN USA Development Corp., a wholly-owned indirect subsidiary of the Company, comprise the commercial and industrial laundry and dry cleaning equipment and boiler segment.  Steiner-Atlantic Corp. sells commercial and industrial laundry and dry cleaning equipment and steam boilers to customers in the United States, the Caribbean and Latin American markets.  DRYCLEAN USA Development Corp. enters into leases for resale to third parties for future dry cleaning stores.  |
|                                | DRYCLEAN USA License Corp., a wholly-owned subsidiary of the Company, comprises the license and franchise operations segment.                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|                                | The Company primarily evaluates the operating performance of its segments based on the categories noted in the table below.  The Company has no sales between segments.                                                                                                                                                                                                                                                                                                                                                                                                         |

----

|   | Financial information for the Company’s business segments is as follows: |
|--------|--------------------------------------------------------------------------------|

| Year ended June 30,                                                     |   | 2011   |             |   | 2010   |   |
|-------------------------------------------------------------------------|--------|--------|------------------|--------|--------|--------|
|                                                                    |   |   |             |   |   |   |
| Revenues:                                                               |   |   |             |   |   |   |
| Commercial and industrial laundry anddry cleaning equipment and boilers |   | $      |  21,179,160 |   |   | $      |  19,497,525 |   |
| License and franchise operations                                        |   |   |  146,567    |   |   |   | 127,679 |   |
| Total revenues                                                          |   | $      |  21,325,727 |   |   | $      |  19,625,204 |   |
|                                                                    |   |   |             |   |   |   |   |   |
| Operating income (loss):                                                |   |   |             |   |   |   |   |   |
| Commercial and industrial laundry anddry cleaning equipment and boilers |   | $      |  1,165,367  |   |   | $      |  846,815 |   |
| License and franchise operations                                        |   |   | 96,383           |   |   |   | 131,990 |   |
| Corporate                                                               |   |   | (308,273         | )      |   |   | (324,827 | ) |
| Total operating income                                                  |   | $      | 953,477          |   |   | $      |  653,978 |   |
|                                                                    |   |   |             |   |   |   |   |   |
| Identifiable assets:                                                    |   |   |             |   |   |   |   |   |
| Commercial and industrial laundry anddry cleaning equipment and boilers |   | $      |  10,293,717 |   |   | $      |  9,108,375 |   |
| License and franchise operations                                        |   |   | 522,012          |   |   |   | 408,462 |   |
| Corporate                                                               |   |   | 179,772          |   |   |   | 213,697 |   |
| Total assets                                                            |   | $      |  10,995,501 |   |   | $      |  9,730,534 |   |

|   | For the years ended June 30, 2011 and 2010, export revenues, principally to the Caribbean and Latin America, aggregated approximately $4,739,000 and $4,650,000, respectively, of which approximately $4,629,000 and $4,548,000, respectively, related to the commercial and industrial laundry, dry cleaning equipment and boiler segment.  All such sales are denominated in U.S. Dollars and, accordingly, the Company is not exposed to risks of foreign currency fluctuations as a result of such sales. No customer accounted for more than 10% of the Company’s revenues in either fiscal 2011 or fiscal 2010. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Item 9. | Changes In and Disagreements With Accountants on |
|---------|--------------------------------------------------|

|   | Accounting and Financial Disclosure. |
|--------|--------------------------------------|

| Item 9A. | Controls and Procedures. |
|----------|--------------------------|

----

| Item 9B. | Other Information. |
|----------|--------------------|

----

| Item 10. | Directors, Executive Officers and Corporate Governance. |
|----------|---------------------------------------------------------|

| Item 11. | Executive Compensation. |
|----------|-------------------------|

| Item 12. | Certain Relationships and Related Transactions, and Director Independence. |
|----------|----------------------------------------------------------------------------|

| Item 13. | Principal Accountant Fees and Services. |
|----------|-----------------------------------------|

| Item 14. | Exhibits and Financial Statement Schedules. |
|----------|---------------------------------------------|

| Exhibit No. | Description |
|-------------|-------------|

| 3(a)(1) | Certificate of Incorporation of the Company, as filed with the Secretary of State of the State of Delaware on June 30, 1963. (Exhibit 3.1(a) to the Company’s Current Report on Form 8-K dated (date of earliest event reported) November 13, 2009, File No. 001-14757.) |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3(a)(2) | Certificate of Amendment to the Certificate of Incorporation of the Company, as filed with the Secretary of State of the State of Delaware on March 27, 1968.  (Exhibit 3.1(b) to the Company’s Current Report on Form 8-K dated (date of earliest event reported) November 13, 2009, File No. 001-14757.) |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3(a)(3) | Certificate of Amendment to the Certificate of Incorporation of the Company, as filed with the Secretary of State of the State of Delaware on November 4, 1983.  (Exhibit 3.1(c) to the Company’s Current Report on Form 8-K dated (date of earliest event reported) November 13, 2009, File No. 001-14757.) |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3(a)(4) | Certificate of Amendment to the Certificate of Incorporation of the Company, as filed with the Secretary of State of the State of Delaware on November 5, 1986.  (Exhibit 3.1(d) to the Company’s Current Report on Form 8-K dated (date of earliest event reported) November 13, 2009, File No. 001-14757.) |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 3(a)(5) | Certificate of Change of Location of Registered Office and of Agent, as filed with the Secretary of State of the State of Delaware on December 31, 1986.  (Exhibit 3.1(e) to the Company’s Current Report on Form 8-K dated (date of earliest event reported) November 13, 2009, File No. 001-14757.) |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3(a)(6) | Certificate of Amendment to the Company’s Certificate of Incorporation, as filed with the Secretary of State of the State of Delaware on October 30, 1998.  (Exhibit 3.1(f) to the Company’s Current Report on Form 8-K dated (date of earliest event reported) October 30, 1998, File No. 001-14757.) |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3(a)(7) | Certificate of Amendment to the Company’s Certificate of Incorporation, as filed with the Secretary of State of the State of Delaware on November 5, 1999.  (Exhibit 3.1(g) to the Company’s Current Report on Form 8-K (date of earliest event reported) November 13, 2009, File No. 001-14757.) |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3(a)(8) | Certificate of Amendment to the Company’s Certificate of Incorporation, as filed with the Secretary of State of the State of Delaware on November 13, 2009.  (Exhibit 3.1(h) to the Company’s Current Report on Form 8-K (date of earliest event reported) November 13, 2009, File No. 001-14757.) |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3(b) | By-Laws of the Company, as amended. (Exhibit 3(b) to the Company’s Annual Report on Form 10-K for the year ended June 30, 2010, File No. 001-14757.) |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(A) | Loan and Security Agreement, dated as of December 19, 2001, from the Company in favor of Wachovia Bank, National Association, formerly named First Union National Bank (“Wachovia”).  (Exhibit 4.1(a) to the Company’s Quarterly Report on Form 10-QSB for the quarter ended December 31, 2001, File No. 001-14757.) |
|------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(B) | Letter, dated September 23, 2002, between the Company and Wachovia (Exhibit 4(a)(1)(B) to the Company’s Annual Report on Form 10-KSB for the year ended June 30, 2002, File No. 001-14757.) |
|------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(C) | Letter, dated October 11, 2002, between the Company and Wachovia (Exhibit 4.01 to the Company’s Quarterly Report on Form 10-QSB for the quarter ended September 30, 2002, File No. 001-14757.) |
|------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(D) | Letter, dated October 22, 2003, between the Company and Wachovia (Exhibit 4.01 to the Company’s Quarterly Report on Form 10-QSB for the quarter ended September 30, 2003.  File No. 001-14757.) |
|------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(E) | Letter, dated October 28, 2004, between the Company and Wachovia, extending the Company’s revolving credit facility.  (Exhibit 4.01 to the Company’s Current Report on Form 8-K dated (date of earliest event reported) October 28, 2004, File No. 001-14757.) |
|------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(F) | Letter, dated October 28, 2004, between the Company and Wachovia, eliminating the borrowing base restriction on borrowings under the Company’s revolving credit facility.  (Exhibit 4.02 to the Company’s Current Report on Form 8-K dated (date of earliest event reported) October 28, 2004, File No. 001-14757.) |
|------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 4(a)(1)(G) | Letter, dated as of October 30, 2005, from Wachovia.  (Exhibit 4.01 to the Company’s Current Report on Form 8-K dated (date of earliest event reported) October 31, 2005, File No. 001-14757.) |
|------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(H) | Letter, dated as of October 30, 2005, from Wachovia.  (Exhibit 4.02 to the Company’s Current Report on Form 8-K dated (date of earliest event reported) October 31, 2005, File No. 001-14757.) |
|------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(l)(I) | Letter, dated as of October 16, 2006, from Wachovia.  (Exhibit 4.02 to the Company’s Current Report on Form 8-K dated (date of earliest event reported) October 23, 2006, File No. 001-14757.) |
|------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(J) | Letter, dated as of October 18, 2007, from Wachovia.  (Exhibit 4.02 to the Company’s Current Report on Form 8-K dated (date of earliest event reported) October 22, 2007, File No. 001-14757.) |
|------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(K) | Letter, dated October 10, 2008, from Wachovia.  (Exhibit 4.01 to the Company Current Report on Form 8-K dated (date of earliest event reported) September 29, 2008, File No. 001-14757.) |
|------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(L) | Letter, dated October 27, 2009, from Wachovia.  (Exhibit 4.01 to the Company Current Report on Form 8-K dated (date of earliest event reported) November 3, 2009, File No. 001-14757.) |
|------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(M) | Letter, dated October 29, 2010, from Wachovia.  (Exhibit 4.01 to the Company Current Report on Form 8-K dated (date of earliest event reported) November 2, 2010, File No. 001-14757.) |
|------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(2) | Revolving Credit Note, dated as of December 19, 2001, from the Company in favor of Wachovia.  (Exhibit 4.1(c) to the Company’s Quarterly Report on Form 10-QSB for the quarter ended December 31, 2001, File No. 001-14757.) |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(3) | Guaranty and Security Agreement, dated as of December 19, 2001, from Steiner-Atlantic Corp., Steiner-Atlantic Brokerage Company, DRYCLEAN USA Development Corp. and DRYCLEAN USA License Corp., subsidiaries of the Company, in favor of Wachovia.  (Exhibit 4.1(d) to the Company’s Quarterly Report on Form 10-QSB for the quarter ended December 31, 2001, File No. 001-14757.) |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| *10(a)(1) | Commercial lease dated September 9, 2005 between Steiner - Atlantic Corp. and William K. Steiner with respect to Steiner’s facilities located at 290 NE 68 Street, 297 NE 67 Street and 277 NE 67 Street, Miami, Florida. |
|-----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| *10(a)(2) | Letter, dated as of September 29, 2008, from the Company’s wholly-owned subsidiary, Steiner-Atlantic Corp., to Sheila Steiner and William Steiner exercising an option to extend lease. |
|-----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| *10(a)(3) | Letter, dated as of September 23, 2011, from the Company’s wholly-owned subsidiary, Steiner-Atlantic Corp., to Sheila Steiner Revocable Trust exercising an option to extend lease. |
|-----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14 | Code of Ethics for Principal Executive Officer and Senior Financial Officers.  (Exhibit 14 to the Company’s Annual Report on Form 10-KSB for the year ended June 20, 2004, File No. 001-14757.) |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 21 | Subsidiaries of the Company.  (Exhibit 21 to the Company’s Annual Report on Form 10-KSB for the year ended June 30, 2001, File No. 001-14757.) |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| *31(a) | Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 promulgated under the Securities Exchange Act of 1934. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| *31(b) | Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 promulgated under the Securities Exchange Act of 1934. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| *32(a) | Certification of Principal Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
|--------|---------------------------------------------------------------------------------------------------------|

| *32(b) | Certification of Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
|--------|---------------------------------------------------------------------------------------------------------|

|   | * | Filed with this Report.  All other exhibits are incorporated herein by reference to the filing indicated in the parenthetical reference following the exhibit description. |
|--------|---|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

SIGNATURES

|                      |   | EnviroStar, Inc.                      |
|---------------------------|--------|---------------------------------------|
|                      |   |                             |
| Dated: September 26, 2011 |   |                             |
|                      | By:    | /s/ Michael S. Steiner                |   |
|                      |   | Michael S. Steiner                    |
|                      |   | President and Chief Executive Officer |

| Signature                                     | Capacity                                                                                                                                                                                                                                                           | Date                               |
|-----------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------|
|                                          |                                                                                                                                                                                                                                                               |                               |
| /s/ Michael S. Steiner              |                                                                                          | President, Chief Executive Officer | September 26, 2011 |
| Michael S. Steiner                            | (Principal Executive Officer) andDirector                                                                                                                                                                                                                     |                               |
| /s/ Venerando J. Indelicato                   |                                             | Chief Financial Officer            | September 26, 2011 |
| Venerando J. Indelicato                  | (Principal Financial and Accounting Officer) and Director                                                                                                                                                                                                     |                               |
| /s/ David Blyer                          |                                                                                     | Director                           | September 26, 2011 |
| David Blyer                                   |                                                                                                                                                                                                                                                               |                               |
|                                          |                                                                                                                                                                                                                                                               |                               |
| /s/ Lloyd Frank      |                                                                                                         | Director                           | September 26, 2011 |
| Lloyd Frank                              |                                                                                                                                                                                                                                                               |                               |
| /s/ Alan M. Grunspan                          |                                                                                | Director                           | September 26, 2011 |
| Alan M. Grunspan                         |                                                                                                                                                                                                                                                               |                               |
| /s/ William K. Steiner                   |                                                                                     | Director                           | September 26, 2011 |
| William K. Steiner                       |                                                                                                                                                                                                                                                               |                               |
| /s/ Stuart Wagner                             |                                                                                | Director                           | September 26, 2011 |
| Stuart Wagner                            |                                                                                                                                                                                                                                                               |                               |

----

| 3(a)(1) | Certificate of Incorporation of the Company, as filed with the Secretary of State of the State of Delaware on June 30, 1963. (Exhibit 3.1(a) to the Company’s Current Report on Form 8-K dated (date of earliest event reported) November 13, 2009, File No. 001-14757.) |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3(a)(2) | Certificate of Amendment to the Certificate of Incorporation of the Company, as filed with the Secretary of State of the State of Delaware on March 27, 1968.  (Exhibit 3.1(b) to the Company’s Current Report on Form 8-K dated (date of earliest event reported) November 13, 2009, File No. 001-14757.) |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3(a)(3) | Certificate of Amendment to the Certificate of Incorporation of the Company, as filed with the Secretary of State of the State of Delaware on November 4, 1983.  (Exhibit 3.1(c) to the Company’s Current Report on Form 8-K dated (date of earliest event reported) November 13, 2009, File No. 001-14757.) |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3(a)(4) | Certificate of Amendment to the Certificate of Incorporation of the Company, as filed with the Secretary of State of the State of Delaware on November 5, 1986.  (Exhibit 3.1(d) to the Company’s Current Report on Form 8-K dated (date of earliest event reported) November 13, 2009, File No. 001-14757.) |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3(a)(5) | Certificate of Change of Location of Registered Office and of Agent, as filed with the Secretary of State of the State of Delaware on December 31, 1986.  (Exhibit 3.1(e) to the Company’s Current Report on Form 8-K dated (date of earliest event reported) November 13, 2009, File No. 001-14757.) |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3(a)(6) | Certificate of Amendment to the Company’s Certificate of Incorporation, as filed with the Secretary of State of the State of Delaware on October 30, 1998.  (Exhibit 3.1(f) to the Company’s Current Report on Form 8-K dated (date of earliest event reported) November 13, 2009, File No. 001-14757.) |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3(a)(7) | Certificate of Amendment to the Company’s Certificate of Incorporation, as filed with the Secretary of State of the State of Delaware on November 5, 1999.  (Exhibit 3.1(g) to the Company’s Current Report on Form 8-K (date of earliest event reported) November 13, 2009, File No. 001-14757.) |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3(a)(8) | Certificate of Amendment to the Company’s Certificate of Incorporation, as filed with the Secretary of State of the State of Delaware on November 13, 2009.  (Exhibit 3.1(h) to the Company’s Current Report on Form 8-K (date of earliest event reported) November 13, 2009, File No. 001-14757.) |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3(b) | By-Laws of the Company, as amended. (Exhibit 3(b) to the Company’s Annual Report on Form 10-K for the year ended June 30, 2010, File No. 001-14757.) |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(A) | Loan and Security Agreement, dated as of December 19, 2001, from the Company in favor of Wachovia Bank, National Association, formerly named First Union National Bank (“Wachovia”).  (Exhibit 4.1(a) to the Company’s Quarterly Report on Form 10-QSB for the quarter ended December 31, 2001, File No. 001-14757.) |
|------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 4(a)(1)(B) | Letter, dated September 23, 2002, between the Company and Wachovia (Exhibit 4(a)(1)(B) to the Company’s Annual Report on Form 10-KSB for the year ended June 30, 2002, File No. 001-14757.) |
|------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(C) | Letter, dated October 11, 2002, between the Company and Wachovia (Exhibit 4.01 to the Company’s Quarterly Report on Form 10-QSB for the quarter ended September 30, 2002, File No. 001-14757.) |
|------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(D) | Letter, dated October 22, 2003, between the Company and Wachovia (Exhibit 4.01 to the Company’s Quarterly Report on Form 10-QSB for the quarter ended September 30, 2003.  File No. 001-14757.) |
|------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(E) | Letter, dated October 28, 2004, between the Company and Wachovia, extending the Company’s revolving credit facility.  (Exhibit 4.01 to the Company’s Current Report on Form 8-K dated (date of earliest event reported) October 28, 2004, File No. 001-14757.) |
|------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(F) | Letter, dated October 28, 2004, between the Company and Wachovia, eliminating the borrowing base restriction on borrowings under the Company’s revolving credit facility.  (Exhibit 4.02 to the Company’s Current Report on Form 8-K dated (date of earliest event reported) October 28, 2004, File No. 001-14757.) |
|------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(G) | Letter, dated as of October 30, 2005, from Wachovia.  (Exhibit 4.01 to the Company’s Current Report on Form 8-K dated (date of earliest event reported) October 31, 2005, File No. 001-14757.) |
|------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(H) | Letter, dated as of October 30, 2005, from Wachovia.  (Exhibit 4.02 to the Company’s Current Report on Form 8-K dated (date of earliest event reported) October 31, 2005, File No. 001-14757.) |
|------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(l)(I) | Letter, dated as of October 16, 2006, from Wachovia.  (Exhibit 4.02 to the Company’s Current Report on Form 8-K dated (date of earliest event reported) October 23, 2006, File No. 001-14757.) |
|------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(J) | Letter, dated as of October 18, 2007, from Wachovia.  (Exhibit 4.02 to the Company’s Current Report on Form 8-K dated (date of earliest event reported) October 22, 2007, File No. 001-14757.) |
|------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(K) | Letter, dated October 10, 2008, from Wachovia.  (Exhibit 4.01 to the Company Current Report on Form 8-K dated (date of earliest event reported) September 29, 2008, File No. 001-14757.) |
|------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(L) | Letter, dated October 27, 2009, from Wachovia.  (Exhibit 4.01 to the Company Current Report on Form 8-K dated (date of earliest event reported) November 3, 2009, File No. 001-14757.) |
|------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(1)(M) | Letter, dated October 29, 2010, from Wachovia.  (Exhibit 4.01 to the Company Current Report on Form 8-K dated (date of earliest event reported) November 2, 2010, File No. 001-14757.) |
|------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4(a)(2) | Revolving Credit Note, dated as of December 19, 2001, from the Company in favor of Wachovia.  (Exhibit 4.1(c) to the Company’s Quarterly Report on Form 10-QSB for the quarter ended December 31, 2001, File No. 001-14757.) |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 4(a)(3) | Guaranty and Security Agreement, dated as of December 19, 2001, from Steiner-Atlantic Corp., Steiner-Atlantic Brokerage Company, DRYCLEAN USA Development Corp. and DRYCLEAN USA License Corp., subsidiaries of the Company, in favor of Wachovia.  (Exhibit 4.1(d) to the Company’s Quarterly Report on Form 10-QSB for the quarter ended December 31, 2001, File No. 001-14757.) |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| *10(a)(1) | Commercial lease dated September 9, 2005 between Steiner - Atlantic Corp. and William K. Steiner with respect to Steiner’s facilities located at 290 NE 68 Street, 297 NE 67 Street and 277 NE 67 Street, Miami, Florida. |
|-----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| *10(a)(2) | Letter, dated as of September 29, 2008, from the Company’s wholly-owned subsidiary, Steiner-Atlantic Corp., to Sheila Steiner and William Steiner exercising an option to extend lease. |
|-----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| *10(a)(3) | Letter, dated as of September 23, 2011, from the Company’s wholly-owned subsidiary, Steiner-Atlantic Corp., to Sheila Steiner Revocable Trust exercising an option to extend lease. |
|-----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14 | Code of Ethics for Principal Executive Officer and Senior Financial Officers.  (Exhibit 14 to the Company’s Annual Report on Form 10-KSB for the year ended June 20, 2004, File No. 001-14757.) |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 21 | Subsidiaries of the Company.  (Exhibit 21 to the Company’s Annual Report on Form 10-KSB for the year ended June 30, 2001, File No. 001-14757.) |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| *31(a) | Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 promulgated under the Securities Exchange Act of 1934. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| *31(b) | Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 promulgated under the Securities Exchange Act of 1934. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| *32(a) | Certification of Principal Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
|--------|---------------------------------------------------------------------------------------------------------|

| *32(b) | Certification of Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
|--------|---------------------------------------------------------------------------------------------------------|

|   | * | Filed with this Report.  All other exhibits are incorporated herein by reference to the filing indicated in the parenthetical reference following the exhibit description. |
|--------|---|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----