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Business For Sale
AUTOMATED TELLER MACHINE COMPANY
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Asking Price: |
$3,000,000
USD USA Dollars
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Business for Sale Industry: |
Services: Non-classifiable
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Reason for Selling:
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retirement and liquidity |
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Year Established:
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1999 |
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# of Employees:
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8 |
Business for Sale Overview:
National Business Search is representing for sale, on an exclusive fee paid basis, a Company based in the southern US whose business is selling, operating, managing, and servicing automated teller machines (“ATMs”). Since it began operations 9 years ago, the Company has achieved an impressive and rapidly growing base of residual (recurring) revenue and income. The Company is profitable and well managed, as shown by the following portfolio statistics: Portfolio size: 290. ATMs Monthly residual income (gross profit): $53,000. Total transactions per month: 82,908. Average transactions /machine / month: 285. Out of the total of 290 ATMs under the Company’s umbrella, approximately 35 percent are Company owned. Merchants and distributors own the remaining ATMs. The Company is one of the largest ISOs in its home state. The Company provides most of its machines with vault cash. This gives it a competitive advantage over its competitors, and allows it to keep a higher portion of the interchange and surcharge on each transaction.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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