Listing ID: 77465
Great business fit for someone looking to build a business with great returns. It is a simple business with no employees if you choose, or if one wishes to grow the business they can add additio0nal ATM’s and additional personnel
This ATM route is part of a great system in place to monitor everything needed to operate with ease. There are many ways to grow the business depends on individual aim..
Low overheads. All ATM’s have great contracts with very good locations.
This business is easily scalable with plenty of opportunity to add more machines and increase cash flow.
There is no other business on the market like this!
Simple operations currently includes 20 ATM in major locations in Los Angeles
Please complete the NDA
- Asking Price: $298,000
- Cash Flow: $100,492
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: $25,000
- Inventory: N/A
- Inventory Included: Yes
- Established: 2010
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Seller needs to finance some RE deals.
Plenty of room to grow with new programs
This Business Is Home Based
The business was established in 2010, making the business 12 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons individuals choose to sell companies. Nonetheless, the true reason vs the one they tell you may be 2 entirely different things. For instance, they might claim "I have way too many various responsibilities" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these may simply be excuses to try to hide the reality of altering demographics, increased competitors, recent reduction in earnings, or a variety of various other reasons. This is why it is extremely important that you not rely completely on a vendor's word, but instead, make use of the vendor's answer together with your total due diligence. This will paint an extra practical picture of the business's current situation.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of operating businesses take out loans so as to cover items like stock, payroll, accounts payable, etc. Bear in mind that occasionally this can imply that earnings margins are too small. Numerous businesses fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future obligations to think about. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with suppliers that should be satisfied or may cause fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the area bring in brand-new consumers? Most times, operating businesses have repeat customers, which develop the core of their day-to-day revenues. Particular aspects such as brand-new competition sprouting up around the area, roadway construction, and also personnel turn over can affect repeat consumers and also negatively affect future profits. One vital thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Certainly, the more people that see the business on a regular basis, the higher the chance to construct a returning customer base. A final thought is the basic location demographics. Is the business placed in a largely inhabited city, or is it located on the outside border of town? How might the local median family earnings effect future earnings prospects?