Midwest Based ATM Portfolio – SOLD

 

This ATM portfolio has a total of 575 ATMs (mostly) in the Upper Midwest and surrounding areas, with some ATMs located in Idaho. The portfolio has Gross Profit Income of nearly $1,363,500 in the past 12 months.

• • • The seller owns 418 ATMs and they’re mostly operated by employees utilizing the sellers cash and cash vaulters providing the cash and vaulting the rest. 
    • An additional 91 ATMs are owned and vaulted by the merchants but processing goes through the sellers ATM company. 
    • The remaining 66 ATMs are owned and vaulted by 3rd Party Operators (subs) of the seller.

All equipment is in very good condition, EMV and approximately 99% TR31 compliant. 

The ATMs have strong margins and high transaction volume and a great regional presence in the Upper Midwest! The sellers’ reputation make this a great platform to build upon.

• • • Full Service ATM Placement options
    • ATM Processing Services for Merchants and ATM Companies
    • ATM Processing and Outsourcing of ATM Services for 3rd Party ATM Companies 

This ATM company is currently providing most Vaulting and Maintenance services with internal resources. The 3rd party outsourcing could be increased to have a 100% outsourced portfolio, which would enable remote/hands free type of operations.

The opposite opportunity is also available. An operator could take advantage of the high margins and transaction volume and operate the complete portfolio internally and reap the rewards of additional income. This would enable a very quick payback on acquisition funds.

Employees are available for maintaining and operating the portfolio. New locations coming regularly and very little turnover in locations year over year. 

ATM Route Details

• • • Asking Price – $3,475,000.0
    • Income – Gross Profit $1,363,500 in the past 12 months 
      • Net Profit of nearly $675,000 /year after $1 per transaction vaulting fees
    • Additional rotating vault cash required to load machines weekly – $1,500,000.00
      • With current 3rd parties, owner vault cash is used
    • Number of Machines – 575 ATM Machines
    • Location Types – See spreadsheet for details

Market context: the Midwest

Midwest routes are the steadiest income in this business. Cash usage across the region’s neighborhood retail — independent grocers, taverns, laundromats and service businesses — has held up better than in coastal metros, servicing costs are lower, and merchant turnover is slow, so placements tend to stay where they are put.

Established Midwest portfolios turn over infrequently, which is why they draw interest quickly when one is listed. Our metro route guides cover the region’s individual markets.

Request the full details on this listing

The location schedule, processing statements, equipment list and placement terms are released after a short confidentiality agreement. No cost, no obligation.

Would rather not run the route day to day? We also run the back office — phone support, processing oversight, vault cash and merchant relations. See managed services.