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#Business ID: 20239

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ATM Business Your Only Inventory is Cash

Business Location: New Jersey, United States

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

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.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Additional Details:

The property is leased.
This is not a homebased business opportunity.
This is not a franchise resale opportunity.

Property Details

Years Established:

2003

Property Type:

Lease

FF&E:

$ 175,000

Business Operation Details

Employees:

3

Support & Training:

The owner is willing to train/ assist the new owner.

Miscellaneous Details

Reason For Selling:

Retiring owner.

Contact this seller

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