NC/SC (Mid Atlantic) Portfolio for sale- $4.5M- SOLD!
ATM business for sale $4,500,000!- SOLD!
This portfolio currently operates hundreds of ATMs across multiple states. This portfolio is showing net income of $147,000/mo for the past 12 months with annual growth coming up in 2020.
Over 100 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 high end models with extended cassettes and a portion of which have Cencom locks and are operated by armor. Close to 100% contract coverage.
This is an ideal large ATM portfolio with very strong numbers and a great regional/national presence with room to grow in the markets they serve. There are strong margins, niche markets, a full processing portfolio and newer equipment which is a huge asset for many larger buyers in the industry!
ATM Route Details
- Asking Price- $4,500,000
- Net Income- $1,760,000
- Additional rotating vault cash required to load machines weekly- Based on load
- Number of Machines – Over 100 full service, all owned equipment, full processing route, niche market recurring revenue
- Hours Required Weekly- Team of 4-5 handle the entire route (with some armor)
- Location Types- Convenience store, bar, hotel, financial institutions, ATM operators
- EMV Upgrade- all are EMV upgraded