Upstate, NY–$4.0M (SOLD!)
ATM business for sale $4,000,000!
This portfolio currently operates over 230 ATM machines in upstate New York and surrounding areas. This portfolio is showing net income of $125,000/mo so far in 2020 with annual growth coming up in 2020. (This summer they’ve had months with nearly $180,000/mo in ATM Net.)
Most 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 and Hyosung models and all are EMV upgraded. 60% contract coverage and the seller is open to terms to cover the downside on the contracts.
This is an ideal ATM portfolio with very strong numbers and a great local presence with room to grow in upstate New York! There are strong margins, solid equipment and the upstate New York area 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- $4,000,000
- Net Income- $1,500,000/year
- Additional rotating vault cash required to load machines weekly- TBD by buyer
- Number of Machines – Over 230 full service, over 90% owned equipment
- Hours Required Weekly- 3 tech can handle the entire route (very tight area)
- Location Types- Convenience store, markets, liquor stores
- EMV Upgrade- all are EMV upgraded
Need more info? Please fill out the Non-disclosure agreement here and send it to firstname.lastname@example.org. We can then get you everything you will need to make a proper analysis of the business. We can send you a copy of the contract being used in the field along with further details.