REMAX Aboutowne Realty Corp.

ATM machines Route Peel Region ( Ontario, CA ) Built

$250,000
Plus inventory

Re/Max Aboutowne Realty Corp., Brokerage

Suzanne Farkas Suzanne Farkas 905-842-7000 (Office) 416-500-5670 (Cell) 905-845-4490 (Fax) Request More Info

  • Type: Commercial
  • Style: Single Story
  • Development Level: Built

Description

• 32 ATM machines located in the GTA at various locations: in grocery store, bars, restaurants,
Fast-food outlets, gas stations, office buildings etc.
• 5 of the machines are located in tourist area and operated only from May to September
• Most of the locations with renewable contracts, many up to 2023. (The value of the remaining contract: $314K)
• Owner spends 10-15 hrs a week to refill the machines
• Inventory (cash in the machines) approx. $120K plus $80K during the summer for the tourist area locations
• There are no receivable, the bank deposits all money withdrawn from the ATM machines by the following day to the owner’s account.
• This is an excellent part time, home based operation,
• Great return and unlimited potential to grow.
• Full training will be provided by owner. Value of equipment approx $65K
• $100,000 net to owner operator
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The information was provided by the vendor. The listing broker has not sought to verify the information in any way. No warranties or representation is made as to the accuracy thereof by the listing broker.

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