Price: $345,000
Location: South Florida
Industry: Routes
Listing ID: 42734634
Listing Status: New
This highly profitable ATM route business, consisting of 52 well-maintained machines strategically located throughout South Florida. With an impressive annual revenue of $315,000 and a net income of $131,556, this absentee-owner business offers a passive income stream that demands minimal effort and promises substantial returns. This ATM route encompasses a diverse network of 52 machines situated in high-traffic areas across South Florida. These locations include popular shopping centers, convenience stores, entertainment venues, and other bustling destinations, ensuring a consistent flow of customers seeking cash access. As an absentee-owner business, this opportunity requires minimal involvement from the owner. The ATMs are diligently maintained and regularly stocked with cash by a reliable service provider, ensuring seamless transactions for customers and a hassle-free experience for the owner. The current owner has established a strong relationship with a reputable service provider responsible for ATM maintenance and cash replenishment. This established partnership ensures the smooth operation and reliability of the machines, minimizing downtime and maximizing revenue potential. $350K working capital needed, without service provider. Other than current machines on the locations, 20 ATM's are available and included in the sale.
Down Payment: $345,000
Total Sales: $315,832
Cash Flow: $131,556
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $88,000
FFE Included: Yes
Inventory: N/A
Non-Owner Payroll: N/A
Real Estate: N/A
Monthly Rent: N/A
Reason For Sale: Other business interest
Training & Support: Seller will provide training of 2 weeks.