About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
Business At A Glance
Used ATM Sales
Startup Costs: $50,000 - $100,000
About
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? No
Since the ATM biz has been deregulated, you can now freely buy and sell them.
Business Overview
A few years ago, laws governing ownership and operation of ATMs were deregulated, paving the way for entrepreneurs from every walk of life to own and operate ATMs as a business concern. Since deregulation of this industry, millions of new ATMs have been sold, and a secondary market is now emerging, which is the sales of secondhand ATMs. While a very lucrative income can be earned by purchasing ATMs and reselling them for a profit, the gigantic profits are made by purchasing secondhand ATMs, locating the machine in a public place where it can generate revenue, and then selling the secondhand ATM as a going business concern. The potential to earn $250,000 per year is attainable for the determined entrepreneur who initiates this very basic business concept.
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About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
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About costs
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