Business Idea Center - Used ATM Sales
Used ATM Sales
Business At A Glance
Startup Costs: $50,000 - $100,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? No
Business OverviewA 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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