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ACFN-The ATM Franchise Business

2014 Franchise 500
#493
At a Glance

Products & Services: Automated teller machines

Number of Locations: 221

Total Investment: $40.4K - $67.8K

Founded: 1996

Began Franchising: 2003

About ACFN-The ATM Franchise Business

ACFN franchisees provide ATM services to hotels and other travel and entertainment-based businesses such as theaters, sports bars, nightclubs, convention centers and hospitals. The San Jose, California, company got its start in 1996 and began franchising in 2003. It now has franchises throughout the U.S. and Canada.

Franchise Units

Year U.S. Canadian International Company Owned
2014 212 9 0 0
2013 203 9 0 0
2012 206 9 0 0
2011 171 11 0 1
2010 150 13 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $40,385 - $67,794
Franchise Fee: $25,000
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $1,000 off franchise fee
Financial Requirements
Liquid Cash Available: $50,000
Operations
Franchise can be run from home. 95% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 3 days.
Ongoing Support: Newsletter, Toll-free phone line, Internet
Other marketing support: Marketing materials, leads

Franchise Ranking History

Franchise 500®: #493 (2014), #475 (2013), #406 (2012), #371 (2011), #428 (2010),
Fastest-Growing: #93 (2014), #101 (2012), #63 (2011), #86 (2010),
Low-Cost: #93 (2014),