ATM Business For Sale, Chicago, IL $279,000

Chicago, IL (Cook County)

ATM Business For Sale, Chicago, IL $279,000

Asking Price:$279,000

Cash Flow:N/A

Gross Revenue:N/A





ATM Business For Sale, Chicago, IL $279,000

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Business Description

ATM business for sale $279,000! Currently nets $132,890 per year as a owner of the business. This portfolio currently operates 83 ATM machines in the Chicago, IL, Madison, WI and surrounding areas. The business also is currently deploying an additional 30 machines to add to the portfolio. All of the machines are owned and operated by the seller and all equipment is newer and purchased within the last 3 years. All of the locations are under contract and have been installed for many years. The machines included are Genmega, Tranax and Hyosung models.

This ATM business is an ideal business with a strong cash flow. This portfolio has the advantage of a very low capital requirement against the high cash flow number. The reason for this is the margins on these accounts are all very high and the transaction volume remains lower to average making this a very easy route to operate. The maintenance is also less and the accounts are not in jeopardy of constant threats from other ATM competitors. There is no lease, currently run as an owner/operator, the route could be optimized and employee run for passive income. There are flexible hours for the business and remote access and reports on each ATM machine make this ATM business very easy to monitor and run!

Asking Price- $279,000
Owner Benefit- $134,447
Additional rotating vault cash required to load machines weekly- $60,000-$70,000
Number of Machines-83 full service, all owned equipment
Contracts- Yes
Hours Required Weekly- 15+
Location Types- Hotel, Bar, Restaurant
EMV Upgrade- Partial

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Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller will train
Reason for Selling:
Business Website:

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Jeff Sosville

Business Listed By:
Jeff Sosville

ATM Brokerage

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