Amazing Michigan ATM route - 17 ATMs - $218k/year SDE $650,000
Business Description
Easy to operate ATM portfolio of 21 ATMs in Michigan. The portfolio has averaged $218,000 in Gross Profit in the last 12 months.
15 Locations with 17 ATMs, 2 locations have 2 ATMs. All of the machines are upgraded and mostly under contract and all of the equipment is PCI compliant. Contract dates and zip codes are listed in the spreadsheet.
This is an ideal mid-sized ATM portfolio with very strong numbers and a great regional presence with room to grow in the very strong markets they serve. These locations have strong margins and newer equipment which is a huge asset for buyers in the industry! The seller will provide transition and any necessary training to the new owner.
Asking Price - $650,000.00. Gross Profit - $218,000 per year
Approximate rotating vault cash required to load machines - $200,000 / 7-10 day basis
Hours Required Weekly - 1 part time employee with current setup
Location Types- Convenience Stores, Dispensaries
15 Locations with 17 ATMs, 2 locations have 2 ATMs. All of the machines are upgraded and mostly under contract and all of the equipment is PCI compliant. Contract dates and zip codes are listed in the spreadsheet.
This is an ideal mid-sized ATM portfolio with very strong numbers and a great regional presence with room to grow in the very strong markets they serve. These locations have strong margins and newer equipment which is a huge asset for buyers in the industry! The seller will provide transition and any necessary training to the new owner.
Asking Price - $650,000.00. Gross Profit - $218,000 per year
Approximate rotating vault cash required to load machines - $200,000 / 7-10 day basis
Hours Required Weekly - 1 part time employee with current setup
Location Types- Convenience Stores, Dispensaries
About the Business
- Years in Operation
- 4
- Number of Employees
- 0
- Facilities & Assets
- N/A
- Website
- https://www.atmbrokerage.com
- Market Outlook / Competition
- Very strong market with limited competition.
- Opportunities for Growth
- Easy growth and expansion plan. Ask the seller and/or us and we'll help you out!
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- All support and training will be provided by the seller. The buyer will have as much training and support as they would like.
- Financing Options
- Possible limited financing - less than 10%
Listing Info
- ID
- 2334972
- Listing Views
- 2593
Listing ID: 2334972 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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