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ATM Business Your Only Inventory is Cash for sale in Hudson County, NJ

Hudson County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 1,200,000 $ 750,000 $ 236,090

Furniture and Fixtures Value:
$ 175,000 (included in the asking price)

Inventory Value:
$ 5,000 (included in the asking price)

Business Summary:
This ATM business was established in 2003. Their territory includes NYC, North Central, and South Jersey. They specialize in placements of ATMs in high end night clubs and restaurants. They own and operate 140 ATM’s and have processing agreements with 260. They purchase and resell ATM’s to customers then process their transactions. Eighty percent of all locations have long term (5 year) automatic renewable contracts in place. All machines are approximately 2.5 years old. The number of transactions per machine has increased each year. Additional locations are added continuously. Owner have built the business by providing excellent service to their customers and pride themselves in keeping abreast of the ever changing markets to best serve the needs of their customers and to offer them the newest products, services, graphics, and branding to increase overall transactions and revenue streams. They offer one time repair to full service contracts which keep their customers earning revenue through maximum up time.

 

   
Year Business was Established: 2003
   
Number of Employees: 3ft  
   
Facilities / Terms of Lease: This ATM business was established in 2003. Their territory includes NYC, North Central, and South Jersey. They specialize in placements of ATMs in high end night clubs and restaurants. They own and operate 140 ATM’s and have processing agreements with 260. They purchase and resell ATM’s to customers then process their transactions. Eighty percent of all locations have long term (5 year) automatic renewable contracts in place. All machines are approximately 2.5 years old.  
   
Owner willing to finance: 18 months prime +2%  
   
Owner willing to train: Seller will provide two weeks of training  
   
Reason for selling: Retiring owner  
   
Seller Reference Number: 5226GR
BusinessMart.com Listing Number: 148996
 

 

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For more info contact:

Larry Bodner

Executive Business Brokers
908-851-9040

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