Business For Sale Listing 151734
ATM Company
Status as of Nov-22-2008 at 06:00 PM: Active
Business Summary
National Business Search is representing for sale, on an exclusive fee paid basis, a Company based in the southern US whose business is selling, operating, managing, and servicing automated teller machines (“ATMs”).
Since it began operations 9 years ago, the Company has achieved an impressive and rapidly growing base of residual (recurring) revenue and income.
The Company is profitable and well managed, as shown by the following portfolio statistics:
§ Portfolio size: 290 ATMs
§ Monthly residual income (gross profit): $ 53,000
§ Total transactions/month: 82,908
§ Average transactions /machine / month: 285
Out of the total of 290 ATMs under the Company’s umbrella, approximately 35 percent are Company owned. Merchants and distributors own the remaining ATMs. The Company is one of the largest ISOs in its home state.
The Company provides most of its machines with vault cash. This gives it a competitive advantage over its competitors, and allows it to keep a higher portion of the interchange and surcharge on each transaction.
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