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Business Sales & Acquisitions

[SOLD] Lucrative ATM Route in NYC

Price: $1,080,000

Location: Manhattan, Brooklyn, Queens, New York

Industry: Financial Services

Listing ID: 1404016

Present owner took over from his father 12 years ago. Easy to operate. Disbursed funds credited to company bank account within 24 hours by the processing bank. All verifiable by detailed transaction reports. ATM fee they charge has not been increased since business began nearly 20 years ago and is well below the National and NYC averages. All machines are chip technology compliant. Seller is negotiating an exclusive franchise agreement that could possibly add 100 machines/locations by the end of the year. Great quality of life as can work as little as 12 hours a week to run this business. In addition to purchase price buyer must have sufficient cash (minimum $300,000) to stock the machines.

Listing Details

Cash Flow: $320,000

FFE: $150,000 (Included in Price)

Reason For Sale:

Other unrelated business interest

Training & Support:

Seller will provide

Operation

Year Established: 1999

Days & Hours of Operation: 12 hours per week

Location

Facilities Information:

Home Based

Summary

Competition:

80% of locations secured by long-term contracts

Financing/Terms:

Seller will finance up to 30% of purchase price