1490 Barton Street E Hamilton, Ontario L8H 2X2
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$600,000
Outstanding and Profitable ATM business for sale!! Comprised of 90 machines, primarily located in Hamilton, with additional placements in Mississauga, Brampton, Milton, Oakville, Burlington, Durham and Niagara Region. The business processes approximately 13,000 monthly transactions, each earning a margin of $2 to $2.50, generating Annual Gross Commission of $370,000 as per Seller. Total annual expenses include Payouts to Locations ($70,000) and insurance as well as minor maintenance issues ($12,000). Only a single operator required to replenish cash. The operation is fully monitored 24/7, providing real-time statements. Cash replenishment is managed weekly. Each machine valued between $3,000 to $4,000. Net Income for the period of July 2023 to June 2024 was approximately $286,000!!! System is fully automated and digital, with comprehensive documentation ensuring seamless operations. Perfect opportunity as an investment for additional income! **** EXTRAS **** Excel Sheet of Sales Summary Attached. (id:58072)
Business
| BusinessType | Service |
| BusinessSubType | Miscellaneous services |
Property Details
| MLS® Number | X9045706 |
| Property Type | Business |
| Community Name | Homeside |
Building
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 108 Ft |
| SizeFrontage | 105 Ft |
| SizeIrregular | 105 X 108 Ft |
| SizeTotalText | 105 X 108 Ft |
| ZoningDescription | C2 |
https://www.realtor.ca/real-estate/27190355/1490-barton-street-e-hamilton-homeside
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August 07 2024 01:06:12
Toronto Real Estate Board
RE/MAX Real Estate Centre Inc.