Green Bay Express Laundry
Green Bay, Wis.
Before Getting into the Laundry Business…
Steve also owns and operates three pawn shops in Wisconsin.
February 7, 2018
6:00 a.m. to 10:00 p.m.
Four part-time attendants
Total Square Footage
3,000 square feet
20 parking spaces
Lease or Own?
Steve owns the retail center, which features his Express Laundry Center adjacent to one of his Fast-N-Easy Pawn locations.
Green Bay Express Laundry Center was built from the ground up at the same time as the side-by-side, 9,000-square-foot pawn shop.
The Construction Process
The project took seven months to complete and cost $600,000.
Turns Per Day
Utility costs represent 15 percent of the business’ gross sales.
There are four other vended laundry businesses in the marketplace.
Coins, credit/debit cards and loyalty cards
Washers and Dryers
10 Continental 20-pound soft-mount frontloaders, $3.00
8 Continental 40-pound soft-mount frontloaders, $4.50
4 Continental 60-pound soft-mount frontloaders, $6.00
4 Continental 75-pound hard-mount frontloaders, $7.50
10 Continental 30-pound stack dryers, 25 cents for eight minutes
7 Continental 45-pound stack dryers, 25 cents for six minutes
Water Heating System
2 A.O. Smith water heaters
1 FasCard card system
1 American Changer AC1005 changer
1 American Changer AC2005C, with bill recycler
12 R&B Wire Products laundry carts
10 customized, four- by eight-foot, stainless steel folding tables
Porcelain tile flooring
LED high bay light fixtures
Vend-Rite Manufacturing Vision vending machine (soda, 75 cents; candy and snacks, 75 cents to $1.25; laundry products, $1 to $3)
6 36-inch televisions
• Free Wi-Fi access for customers
• Video poker machines
• Curbside loading and unloading
Eastern Funding, New York City, (877) 819-1764
Belson Company, Green Bay, Wis., (920) 499-1451