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Marketplace

Atm Machine Business

Atm Machine BusinessI want to start a business in ATM. How do I start?

-Where can I get money for first place in the machine? The bank loan to me? If so, do you have an excellent credit?

-Any good sites for buying good, used ATM?
-Advice on this idea?

Thank you very much!

ATMs (used or new) costs about the same, from 8000 to 20,000 dollars each, depending on model. Exploitation is a very, very, very low margin business (you have to share that $ 1, $ 2 or $ 3 per transaction with the site owner, the maintenance company machine, the transmission service data, the owner of the physical location where you park each unit, and most often two banks involved in each transaction (which operates the service in which each customer has his account), so you need much them in prime locations to actually make a profit at all.

This is not a company to go unless you have already run successfully with other companies in your area and contacts developed that will make various legal hoops you have to go through that much easier ...

Yuor biggest problem will be found places, not machines.
Do you have places that have agreeed yet?
This is the first step before continuing.

THWN there are different ways. A bank will most likely not fund it.
There are companies that rent was thinking about you, but you have probably not yet come to $ this way.
The second option is a 50/50 split.
They give the machine so that you can use it, you sevice and maintain it, then you split the revenue 50/50. Keep in mind that you will give something of location, each location may want a different renumeration rental, you space to take a percentage of return.
So once you can just buy the machine outright. Until you know how to fix and get parts for the machine I would suggest further, if you have warranty and support. Then once you feel more comfortable with current issues, you can look at buying used.

You need to calculate whether its best sales for the 50/50 split, or simply less machines you buy, to get recipes.

Also have a plan, how are you going to fill the box? Will you yourself - and if so, how safe or hire Brinks or similar - what it costs your income?

I think this might be a good thing, with good location, but there are many steps and anwser you should consider before buying a Manchin.

Good luck!

Do not start a business, unless you know what you are doing. The cash will come from you.
There is an ATM at every corner and your chance to profit is very low.

You'll need to buy ATMs, then find retailers that will allow you to put inside. Then you will have access to the Internet vending machines.

Posted on February 2, 2010.
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