Business for Sale Overview:
Established in 1996, this business has specialized in the placement and cash Inventory management of Automated Teller Machines (ATM's) in the Dallas Fort Worth Metroplex. This business is a Full Service ATM provider, whereby business subleases space from the owner of a location, pays the owner site rental, places the ATM inside the location, provides the cash and replenishment along with advertising and maintenance during a specified term. All ATM s except for a few are Tidel point ATM's and all have been upgraded to meet industry/ payment card regulatory requirements. The business currently generates over $34,000 per month of gross revenues, with several new deals pending. These are mainly in the Dallas Fort Worth area. The ATM business model is very similar to a vending machine route except the business is vending cash instead of other products and it requires coordination with the Vault Cash provider and the armored car personnel. This business has a contract with both a nationally recognized bank for the Vault Cash (Cash Inventory) and with a national independently owned armored car service to provide and pickup the cash and delivers it, pursuant to a weekly route, to the ATM's. This is for a small portion of the ATM's. For the majority of the ATM's, they utilize an independent ATM provider that supplies the Cash Inventory along with first line maintenance and service on those locations. For further information, please complete our Non-disclosure Agreement at http://www.vrbigd.com/nda. Mike Cockroft can be contacted by email at mike@vrbigd.com or by phone at 972-792-0100.
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For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Market Competition and Expansion:
Can be home-based.
Reason for Selling:
Retiring
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.