ATM Route For Sale Fort Myers, Florida
ATM Route business for sale $220,000! Currently grossing $94,420 in revenue and nets $63,618 per year as a owner of the business. Business currently operates 21 ATM machines, within a 45 minute drive of each other in and around the Fort Myers, Florida area. The ATM route can be serviced in 5-7 hours per week. No lease, no employees, flexible hours, easy to run and fully automated. Remote access and reports on each ATM machine make this business very easy to monitor and run and the only inventory is cash!
Frequently Asked Questions:   Price: $220,000   Cash Flow: $63,618   Financing: Yes   Listing: Sold
What is the current yearly gross for this route? Currently this route grosses $94,420 per year. Income documentation will be provided to all serious buyers.
How do I get paid? The ATM route business is automated so you get paid each time a customer withdrawals money from one of your machines. With each ATM transaction the money withdrawn from the ATM machine is batched and redeposited to your bank account nightly along with the surcharge fee via ACH transfer. A certain percent of this money is then paid to the merchant location where the machine is installed.
Can I finance the route? Yes through our third party lending source, you can review additional Financing Options Here. Please be advised there is no seller financing for this route, and unfortunately banks will NOT write business loans against route based businesses.
What are my expenses and overhead? Expenses include, but are not limited to: merchant rent, fuel, repairs, paper, and liability insurance for your business. The current owner estimates $30,802 per year in expenses/overhead.
How much money do I need to stock/vault for each ATM machine? The amount of money needed for each machine will vary for each individual location depending on the amount of transactions. However on average $2,000-$3,000 will be needed on a weekly basis to stock/vault each machine. In addition the more you are able to commit to each ATM machine the less you will have to service it.
What types of machines are included? The ATM machines included are of various types and all are ADA compliant and up to code with all other industry regulations.
What type of vehicle do I need? A vehicle does not convey with this business. However any type of vehicle will do. Most use their personal vehicles to service the ATM route.
What is the Gross vs the Net income? The gross income for the route is $94,420 per year, minus $30,802 estimated yearly expenses as mentioned above gives you the net of $63,618 per year.
How does the selling price of the route get determined? ATM routes are priced based on several variables including net cash flow, hours required to run the route, capital/cash required to fill the machines, contract length and type, machine type and placement type. To determine the selling price of the route a 3-4 multiple of their yearly cash flow/net income, plus assets is typically used.
Is this a viable business model for growth? Yes! ATM Route values can be increased by new account openings, adding locations, improving splits and increasing contract length.
Why is the distributor selling? Owner has other business interests.
How long has the business been established? The current seller has owned and operated the business for 8 years.
How many days a week, and what hours do distributors work? The owner works 1-2 days per week for a total of 5-8 hours. The route could be serviced in one day depending on the location of the new owner or split into 2 very short days.
What about vacation time or personal days? As an independent operator/business owner you are responsible for the route being serviced.
What else should I know? This ATM route Business consists of 21 full serviced machines, which can be serviced in a very short time. This business is established & Turnkey! Start making income the day you take it over. Great opportunity for investors! Priced at $220,000! Contact Us About This Route Here!
How can I learn more about ATM routes? For general information (outside one of our listings) we recommend hiring Jeff Sosville for consulting. Jeff is extremely knowledgeable about the ATM Business model and can assist you with getting started in the industry. Schedule Your Consultation Here!
Disclaimer: Routes For Sale is a Broker that brings buyers and sellers together. Routes For Sale does not represent, or is not affiliated with the company the distributorship is being offered. All agreements are made between the buyer and seller and not Routes For Sale. It is the prospective Buyer's duty and obligation to verify the accuracy of the Seller’s representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on the most recent years sales revenue generated by the efforts of the current owner. As with any business you can make more or less.