Atm Company
Location United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1900000
Net Profit / Cash Flow $600000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1999
Number of Employees 6 - 9
Inventory 950000
Relocatable Yes
Number of Employees 6 - 9
Real Estate Leased
Training Management wants to stay on.
Reason for Sale Retirement and liquidity.
Description 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.
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