ATM Company, Route, System, and Accounts

Los Angeles County, CA (Relocatable)

ATM Company, Route, System, and Accounts
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Asking Price: $498,000

Cash Flow: $149,074

Gross Revenue: $156,884

EBITDA: N/A

FF&E: $0

Inventory: N/A

Established: 2007

ATM Company, Route, System, and Accounts

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Business Description

Very Profitable, Great Hours, Consistent Growth

A great opportunity to purchase your very own ATM company that generates passive income and transaction revenue. Business enables consumers on demand access to their banking funds through the ATMs and systems. Business is recession proof and had a great 2020. The company, established in 2007, is both scalable and sustainable. Operation can be in any part of Southern California and only requires 6 to 8 hours per week to manage.

This unique opportunity provides the following inclusions:
130 total ATM accounts (dispensing 16million dollars per year with 250,000 annual transactions)
Complete website, operations portal, front and back-office systems and contracts with all clients.
Auto-payment, auto-service systems and capability to drive all credit, debit and government cards.
Complete ATM network licensing and parts and supplies inventory included.
Complete access to create, manage and activate new accounts.
Business-sale includes owners support for 12 months or as required.
Low monthly operations/expenses (6 to 8 hours per week to manage)

BREAKDOWN OF 130 accounts:
32 (of the 130) ATMs are a route in a small radius (owner operates and fills with his own cash)
98 (of the 130) are ATMs that are serviced, operated and managed by the merchant.
99% of all accounts above, are essential services businesses (gas, grocery, food and C-stores)
Multi-year contracts in place (multi-site operators)

REVENUE STREAMS:
Surcharge income
Interchange income
Processing fee income
Communications and account access fee income
Digital signage (opportunity)

2021 first quarter sales tracking a nice increase over the same period for 2020.

Detailed Information

Location:
Los Angeles County, CA
Employees:
0
Facilities:
This business is easily relocatable and can be a home based operation.
Growth & Expansion:
The company is scalable to support thousands of ATM's
Support & Training:
The owner is a long term industry veteran with a wealth of knowledge and experience, and is willing to provide a complete transition period at no additional cost.
Reason for Selling:
The owner is opening a new non profit company with the County of Los Angeles
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(from currently available funds)
 
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Bob Baumgarten

Business Listed By:
Bob Baumgarten

National Business Brokerage

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB).

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Ad#:1829011

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