Business for Sale Overview:
Summary Description
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:
350 ATMs. By year end 400 ATMs. Growing quickly. Based
on the current run rate 2009 gross profit is predicted
to be $2,064,477, and the net income is predicted to
be $775,446.
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.
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.
Reason for Selling:
retirement and liquidity
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.
Resources: