Business for Sale

ATM Franchise, Bakersfield

BizEx1214-CK

Background

General Location:Bakersfield, CA
Category: Finance, Banking, Loans & Leasing
ATM Machines
Years in Business:6
Under Present Owner:1
Hours of Operation:6a-6a
Owner Hours:6a-2p
Training:1 weeks @ 10 hours
Organization Type:Sole proprietor
Lease Expiration:
Lease Options:
Building Size:
Employees:1
Reason for Sale:New business opportunities

Financials

Asking Price:$17,000
Down Payment:Negotiable
Gross Sales:$7,500
Discretionary Cash Flow:$7,000
FF&E:
Inventory Included?No
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:
Financing:Call

2017 2018 2019
Gross Sales $ 10,392 $ 8,392 $ 3,400
Gross Profit $ 9,390 $ 7,954 $ 3,100
Disc. Earnings $ 9,390 $ 7,954 $ 3,100

Description

5 ATM machine route in Bakersfield. Franchisor is the largest corporate provider to hotels and hospitality in the US. Franchisor finds you your next location until you say stop and helps you find new locations for any sub-performing locations. Unlimited technical support.

This is a very low risk scalable investment opportunity. ATMs provide around a 30% return on investment.

Each machine normally takes from 5-10 minutes to service. 3 of the 5 machines are adjacent hotels, a third hotel is 3/4 mile away, and last location is 3 miles from adjacent hotels and the area is open to development with no other franchisees in the territory.

Franchisor support makes this viable for someone new to the the ATM industry with great training and limitless marketing and technical support during the entire 10 year term.

For more information please contact Cody King at 805.616.9488 or cking@bizex.net

 

 


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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Cody King
M&A Advisor
4551 Glencoe Ave., Suite 210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 134
Direct: (805) 616-9488
Lic#: 01942507