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This Business has been Sold!
Closing Date: 09/07/2017

Business for Sale Summary

New York County, NY ATM Vendor Business - 29030

Business Type: misc. retail/non-classifiable,service businesses,banking, lending, and finance,misc. servicel/non-classifiable,other business services,professional services,routes
Sold
New York County, NY ATM Vendor Business
On September 7th 2017, The Undersigned
Acted as the Advisor to the Deal
Howard Nevins
Howard Nevins Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, New York County NY, Queens County NY, Suffolk County NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $600,000 Down Payment $600,000
Gross Revenues $550,000 Lease Remaining Register Free to View
Owner’s Cash Flow $300,000 Number of FT Employees Register Free to View

Financing

$600,000 Down and

Business Description

Amazing combination - lucrative ATM business with low overhead. This is an opportunity to purchase a route of up to 20 ATM machines in NYC and the other boroughs. As the owner of this route, all locations will be outfitted with a new and updated ATM machine as well as one year of technical support and 3 year support on the equipment. You can also have the option of filling up the machines with cash yourself or you can contract with a service to have this done on your behalf (service fees applies). These machines already exist in these location and have proven track records for volume and the owner will provide long term contracts with the individual store locations so that you can feel safe knowing you have extended cash flow projections. All of the machines can be tracked online through a web-portal and you will be able to see all the transactions, know how much money you have made and know when cash or receipt paper needs to be replenished. The seller is asking $600,000 for the 20 machines/locations where annual gross revenue can reach up to $550,000 and cash flow is hitting $300,000. Contact the broker, Howard Nevins for further information at 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.