Knoxville, TN

ATM business for sale $365,000

This portfolio currently operates 89 ATM machines in the Knoxville, Gatlinburg, TN and surrounding areas. This portfolio is showing net income of $162,473 for 2019 with annual growth coming up in 2020.  

All of the machines are owned and operated by the seller and all of the equipment has been EMV upgraded.   The machines are a mix of Genmega 2500, Onyx  models and all are EMV upgraded.  75% contract coverage and seller is open to terms to cover the downside on the contracts.

This is an ideal ATM portfolio with a very strong numbers a great regional presence with room to grow in Knoxville! There are strong margins,  newer equipment and Knoxville and surrounding is an area where an aggressive sales team could continue growing 10%+ year over year making this a great opportunity for existing or new buyers in the industry!

ATM Route Details

  • Asking Price- $365,000
  • Net Income-  $162,473
  • Additional rotating vault cash required to load machines weekly- $125k- 150k
  • Number of Machines-89 full service, all owned equipment
  • Hours Required Weekly- 40, 1 tech can handle the entire route 
  • Location Types- Convenience store, bar, hotel
  • EMV Upgrade- all are EMV upgraded

See below for a layout of the locations :