Listing ID: 77477
This is a great fit for someone looking to build a business with great returns. It is a simple business with no employees or if one wishes to grow the business they can.
This ATM route is part of a major group and has 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 8 ATM in major locations in Los Angeles and Burbank
Please complete the NDA
- Asking Price: $95,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: $20,000
- Inventory: N/A
- Inventory Included: N/A
- Established: 2019
- 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
This Business Is Home Based
The business was established in 2019, making the business 3 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons people resolve to sell operating businesses. However, the true factor vs the one they say to you may be 2 absolutely different things. As an example, they might say "I have too many various obligations" or "I am retiring". For many sellers, these reasons are valid. But, for some, these may simply be justifications to try to hide the reality of transforming demographics, increased competition, current decrease in incomes, or a range of other factors. This is why it is very vital that you not rely absolutely on a seller's word, however instead, use the vendor's response along with your overall due diligence. This will repaint a much more practical image of the business's present circumstance.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Many operating businesses finance loans with the purpose of covering points such as stock, payroll, accounts payable, and so on. Bear in mind that occasionally this can mean that earnings margins are too small. Lots of companies come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future commitments to think about. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that have to be fulfilled or might cause penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location attract new clients? Most times, operating businesses have repeat clients, which form the core of their everyday revenues. Certain variables such as new competition sprouting up around the area, road building and construction, and also personnel turnover can impact repeat customers and negatively influence future earnings. One important point to think about is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the better the possibility to develop a returning customer base. A final idea is the basic location demographics. Is the business located in a densely inhabited city, or is it located on the outskirts of town? Exactly how might the neighborhood mean household income influence future earnings prospects?