Matthew Tenk
Broker of Record
1490 Barton Street E Hamilton (Homeside), Ontario L8H 2X2
$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:39551)
Business
| Business Type | Service |
| Business Sub Type | Miscellaneous services |
Property Details
| MLS® Number | X9045706 |
| Property Type | Business |
| Community Name | Homeside |
Building
| Cooling Type | Fully Air Conditioned |
| Fireplace Present | No |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 108 Ft |
| Size Frontage | 105 Ft |
| Size Irregular | 105 X 108 Ft |
| Size Total Text | 105 X 108 Ft |
| Zoning Description | C2 |
https://www.realtor.ca/real-estate/27190355/1490-barton-street-e-hamilton-homeside-homeside
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RE/MAX Real Estate Centre Inc.
September 04 2024 04:28:28
