$600,000
Available - For Sale
Listing ID: X9045706
1490 Barton St East , Hamilton, L8H 2X2, Ontario
| 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. |
| Price | $600,000 |
| Taxes: | $0.00 |
| Tax Type: | N/A |
| Occupancy by: | Owner |
| Address: | 1490 Barton St East , Hamilton, L8H 2X2, Ontario |
| Postal Code: | L8H 2X2 |
| Province/State: | Ontario |
| Legal Description: | PLAN 502 LOT 223 TO 225 |
| Lot Size: | 105.00 x 108.00 (Feet) |
| Directions/Cross Streets: | Barton St E / Kenilworth Ave N |
| Category: | Without Property |
| Use: | Service Related |
| Retail Area: | 100 |
| Retail Area Code: | % |
| Financial Statement: | Y |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | V |
| Hours Open: | Varies |
| Employees #: | 1 |
| Seats: | 0 |
| LLBO: | N |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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%
Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX REAL ESTATE CENTRE INC. |
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|
Malik Ashfaque
Sales Representative
Dir:
416-629-2234
Bus:
905-270-2000
Fax:
905-270-0047
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Homeside |
| Lot Size: | 105.00 x 108.00(Feet) |
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