Business Summary:
LISTING ID # 36928The seller is offering several high-volume ATM routes in parts of New York County and Kings County, all equipped with state-of-the-art Hyosung machines featuring wireless satellite ATM capabilities for fast and reliable customer transactions in safe, high-traffic locations. These 24-hour indoor and outdoor locations generate impressive transaction fees ranging from $5.75 to $8.75, with the location owner receiving a flat fee of only $1.00 per transaction. Each ATM comes with a 24-month guarantee on all parts. Monthly profits range from $1,000 to $4,000, depending on the machine and location. The minimum purchase is $200,000 for five machine locations, each averaging $1,000 in monthly profit, totaling at least $60,000 per year in profit for the owner. Buyers have the option to expand by adding more locations and increasing both the asking price and net income after meeting with the seller. Most machines require cash refills only once every 10 days. The latest ATM technology ensures seamless and secure experiences with features such as cardless transactions, mobile integration, and real-time transaction monitoring. Long-term leases are in place for all locations, typically five-year terms with five-year renewal options. Location owners, such as nightclubs, favor these ATMs because they drive customer traffic and boost business volume. This is a great semi-absentee opportunity, requiring just 3–5 hours per week to earn $60,000 (for 5 machines each netting at least $12k per year), leaving time for other ventures. The net is after the $1 per transaction payment to the location owner. The buyer can select higher performing locations or additional locations at a sale price to be agreed to. No bank or seller financing. Proof of funds required. All ATM activity can be tracked via app on your phone or computer, including transaction history and cash levels. The seller will provide full training with purchase, and the business can be easily scaled by placing ATMs in new locations. The seller also owns a service company that handles maintenance, repairs, software updates, and relocations. Additionally, the seller guarantees machine placement for 24 months, promising to replace any location lost to closure, disaster, or other issues. Buyers must provide proof of funds for at least $200,000 (the minimum investment for four to five machines) and understand the need to regularly carry large sums of cash to service the ATMs. Contact broker Marie Goldstein for more information.In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-36928 for instant access to this business information.
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