Very Strong Bronx, NY ATM Portfolio - 100 ATMs - $600,000

Brooklyn, NY
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Asking Price:$600,000
Cash Flow:$145,000
BUSINESS DESCRIPTION

This portfolio currently operates 100 ATM machines, primarily with location agreements. The route is showing ATM Average Gross Profit of approximately $22,000/mo in 2023. The route is based in the boroughs of New York City.

The 100 ATM machines are owned and operated by the seller and all of the equipment has been EMV upgraded. The machines are newer and there is 100% contract coverage.

This is an ideal ATM portfolio that is a great add on or a strong route to build from. This portfolio comes with very strong transaction volumes. It will provide a great local presence with room to grow for the new owner. Superior equipment and an overall strong route provide a foundation on which to build an incredible portfolio!

ATM Route Details

Asking Price – $600,000
ATM Gross Profit = $21,899/mo / ATM Net After Loading = $11,593/mo
Additional rotating vault cash required to load machines weekly – $300k / week
Number of Machines: 100 full service / owned and loaded ATMs
Contracts: 100%, mostly new 3 year contracts, great relationships
Hours Required Weekly – 1 Employees / Part Time
Location Types – Mostly convenience, retail and restaurant locations


DETAILED INFORMATION
Location
Brooklyn, NY
Inventory
Not Included in asking price
Employees
1
Facilities
N/A
Competition
Strong market with very limited competition.
Growth & Expansion
Very easy business to expand into other product lines and easy to grow into other surrounding areas.
Support & Training
Seller will provide all training necessary and ongoing support for the new owner.
Reason for Selling
Retirement
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Jeff
Sosville
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Jeff Sosville