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Passive income, Home Based, ATM Portfolio

Dallas, Texas (Dallas County)

Retail - Vending Machines | Services - Finance, Banking, Loans & Leasing

Asking Price $850,000 Inventory  
Gross Income $591,187 Real Estate  
Cash Flow $234,375 Year Established 1997
FF&E $68,300* Employees 1

* included in the asking price

** not included in the asking price

Established in 1996, this business has specialized in the placement and cash Inventory management of Automated Teller Machines (ATMs) in the DFW Metroplex. This business is a Full Service ATM provider, whereby business subleases space from the owner of a location, pays the owner site rental, places the ATM inside the location, provides the cash and replenishment along with advertising and maintenance during a specified term. All ATM s except for a few are NCR Easypoint ATMs and all have been upgraded to meet industry/ payment card regulatory requirements. The business currently generates over $49,000 per month of gross revenues, with several new deals pending. These are mainly in the DFW area. The ATM business model is very similar to a vending machine route except the business is vending cash instead of other products and it requires coordination with the Vault Cash provider and the armored car personnel. This business has a contract with both a nationally recognized bank for the Vault Cash (Cash Inventory) and with a national independently owned armored car service to provide and pickup the cash and delivers it, pursuant to a weekly route, to the ATMs. This is for a small portion of the ATMs. For the majority of the ATMs, they utilize an independent ATM provider that supplies the Cash Inventory along with first line maintenance and service on those locations. For further information, please complete our Non-disclosure Agreement at http://www.vrbigd.com/nda. Mike Cockroft can be contacted by email at mike@vrbigd.com or by phone at 972-792-0100. “For up-to-the-minute business updates on VR's current, new and pending listings, follow VR at http://www.twitter.com/vrhuntingtonbg.”

Facilities: Can be home-based

Competition: Prime locations all across DFW The maintenance and cash management is all outsourced leaving the owner to be involved primarily in sales and marketing activity.

Growth/Expansion: New business from multi chain retail locations The business is scalable through centralized operation/maintenance costs in the DFW area due to the high concentration of ATM portfolio.

Financing: $250,000 down 7.5% for 5 years

Support/Training: As needed

Reason Selling: Retiring

Business For Sale By

Mike Cockroft

9727920100

VR in Dallas

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