Description

ATM business for sale $499,000! Currently nets $165,200 per year as a owner of the business. This portfolio currently operates 53 ATM machines in the Minneapolis-Saint Paul, MN areas. All of the machines are owned and operated by the seller and all equipment is newer and purchased within the last 3-5 years. All of the locations are under contract and have been installed for many years. The machines included are Genmega, Tranax and Hyosung models.

This ATM business is an ideal business with a very strong cash flow. This is a high volume portfolio with a great regional connection in the Twin Cities. All of the accounts have been with this owner for 5-10 years and have a very good relationship with the seller. This portfolio is currently run as an owner/operator, the route could be optimized and employee run for passive income. With this portfolio there is also the opportunity to increase the income by raising some of the surcharges which are lower than average for the region and increase the interchange income. The company has good relationships with event organizers in the area and also services at least 4 events on a seasonal basis. There are flexible hours for the business and remote access and reports on each ATM machine make this ATM business very easy to monitor and run!

Asking Price- $499,000
Owner Benefit- $165,200
Additional rotating vault cash required to load machines weekly- $150,000+
Number of Machines-53 full service, all owned equipment
Contracts- Yes
Hours Required Weekly- 20+
Location Types- Convenience store, market, shopping mall
EMV Upgrade- Partial
Call or email for details

Posted Aug 24, 2016

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