ATM Brokerage Marks a Decade + of Success!

Just over a decade ago, in late 2013, Jeff Sosville embarked on a journey fueled by ambition and curiosity. Having spent a couple years assisting his brother Greg in building and expanding a local Business Brokerage firm in Denver, Colorado, Jeff found himself intrigued by an unfamiliar venture—an ATM business. Little did he know that this leap of faith would lead to the establishment of ATM Brokerage and a decade of remarkable accomplishments.

Their initial encounter with the ATM business came as a surprise when a client sought their expertise in selling an ATM route. Despite their initial bemusement—“what’s an ATM business do?”—Jeff and Greg quickly immersed themselves in the intricacies of the industry. They seized the opportunity, leveraging their newfound knowledge to market and sell the ATM route, which boasted prestigious locations such as Red Rocks and top event venues in Denver.

During a time when ATMs were highly sought-after commodities and prime locations were plentiful, Jeff and Greg capitalized on the burgeoning market. They ventured into learning the ins and outs of the ATM business, eventually building and selling numerous routes in Denver. Their unique approach disrupted the industry norm of internal deals, as they uncovered hidden gems and expanded their reach beyond Denver to Savannah Georgia and beyond.

With Jeff’s relocation to Georgia, they embarked on yet another entrepreneurial journey, painstakingly building an ATM business from scratch. Through relentless determination and hands-on effort, they transformed a modest investment of $20,000 into a thriving enterprise valued at over $750,000 within 18 months.

Drawing from his extensive experience in scaling ATM businesses across multiple cities, Jeff founded ATM Brokerage in 2013. Armed with little more than a laptop and a vision, he began reaching out to ATM business owners, offering to sell their businesses at higher multiples and boasting intimate knowledge of the industry. This grassroots effort quickly bore fruit, with Jeff securing his first listing and subsequent sale.

The launch of ConnectATM further solidified ATM Brokerage’s position in the market, catering to merchants and aspiring entrepreneurs looking to enter the ATM business. Their pioneering work culminated in the publication of the first definitive guide to starting an ATM business in 2015, setting the standard for industry knowledge.

In 2019, Jeffs brother John Sosville joined the team, bringing a fresh perspective and driving ATM Brokerage to new heights. With a staggering 30-40% year-over-year growth rate, ATM Brokerage has established itself as the industry leader, having sold over 150 ATM businesses valued at over $75 million.

As they celebrate a decade of success, Jeff and John and the ATM Brokerage team remain steadfast in their commitment to excellence, integrity, and innovation. Poised to explore new service niches, they are ready to replicate their proven model and continue their legacy of success in the ever-evolving landscape of entrepreneurship.