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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Service Related
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Zoning: C2
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Age: No Data
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MLS®#: X9045706
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Days on Site: 72 Days
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Added: Jul 18, 2024 (2 months ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: RE/MAX REAL ESTATE CENTRE INC.
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.
Property
Status: Sale
Type: Service Related
Property Type: Sale Of Business
Property Type: Without Property
Area: Hamilton
Community: Homeside
Availability Date: Flexible
Inside
Air Conditioning: Y
Building
Basement: N
Heat Type: Gas Forced Air Closd
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Fees
Tax Year: 2024
Tax Legal Description: PLAN 502 LOT 223 TO 225
Taxes Type: N/A
Land
Cross Street: Barton St E / Kenilw
Municipality District: Hamilton
Parcel Number: 172580114
Lot Depth: 108 Feet
Lot Frontage: 105 Feet
Zoning: C2
Commercial Specific
Number of Employees: 1
Retail Area: 100
Retail Area Metric: %
Hours Open: Varies
Days Open: V
Franchise: N
Tangible Property Included: Y
Lot Code: Lot
Financial Statement: Y
LLBO: N
Parkdale School
Elementary: PublicViscount Montgomery Public School
Elementary: PublicA M Cunningham Junior Public School
Elementary: PublicSt. Eugene Catholic Elementary School
Elementary: CatholicW H Ballard Public School
Elementary: PublicQueen Mary Public School
Elementary: PublicVincent Massey/James Street
Secondary: PublicÉSAC Mère-Teresa
Secondary: CatholicDelta Secondary School
Secondary: PublicGlendale Secondary School
Secondary: PublicSir Winston Churchill Secondary School
Secondary: PublicSherwood Secondary School
Secondary: Public
