ATM Business Company was acquired by Owner Operator
Transaction Description
This 12-year-old ATM business has been very successful and has a steady profile for the owner. He only works 2 days a week and all the machines are inside different buildings or businesses. None of the them are exposed to the outside elements. The lease terms vary between 7-10 years for the locations. There are 49 ATM’s placed already and there is one more to be placed soon. Seller has been very picky about the locations he puts the ATM’s in. All machines are located in and safe locations. Has had no problems at all with vandalism. There is good, clean books to review. You have access 24/7 via a secure site and can monitor the status’s off all the machines.
Cash Flow $103,000.00
Transaction Details
Owner Operator
Building Equipment Contractor
Los Angeles
Acquired the Assets of
ATM Business Company
Building Equipment Contractor
Los Angeles
Successfully Transacted the Deal for the Client
