ATM machines

[smedium]

is there good money in these. from time to time I see them for sale with placement. can you make significant money owning these?

 

[Sassy]

The best thing to do before making an investment in anything is to do your research. You've made the first step by asking this question. Talking to people who own ATM is a great start. Also check the company(s) out with the Better Business Bureau and the Federal trade Commission (very good place to find out about fraud).

Rule of thumb... if it's too good to be true...

 

[skookum]

Years ago I independently repped a line of ATM's - kinda before they were a mainstay everywhere. From my experience I can say that there CAN be good money in them.

The primary deciding factors are:

1) ATM's reliability; ask the rep/manufacturer what the mean time
between failure rate is for their equipment. Is it ISO rated?
2) What is the repair & support strategy when required? Are the techs
local? Where do the parts come from when needed? What is the
warranty? Downtime will kill your profitability.
3) What ratio of the transaction fees does the company keep & you
capture - what's the split? How often are the transaction batches ran
and when does the company send you your portion of the fees?
4) Location & Volume...How many transactions do you realistically believe
your potential location will capture on a daily/monthly basis?

I hope this helps!!!