As a person/company is growing their atm portfolio, you should always keep in mind of your exist strategy. Never forget that you can unlock amazing value by properly structuring your route and contacts. Today, if properly structured, you can get up to 18 months of monthly profits on a sale.
Some tips to think of:
Vault Cash: Many […]
Interchange is a funny thing within the atm business. Many companies dont want to give it away. Reason being, its easy money. For each transaction, your buy rate determines what you’re getting. I remember one of my models consisted of being a middle man between store owner and atm owner. I would ask for part […]
Year after year, it seems that the paperwork and additional logistics pushed down to ATM Vendors is increasing. While this is time consuming and ultimately adds to your cost, its in your best interest to take care of these as soon as possible. The networks are holding atm owners liable for anything not done properly […]
The atm industry is getting tight. The independant owner needs to be careful. With many atm contracts up for renewal, you are seeing a trend of store owners breaking out of contracts to get a better deal. This brings up a critical point. Relationships Count!
Make sure you have a good relationship with the store owner. […]
With all the banking surcharge increases, it looks like the independant atm owner is gaining ground. If you take New York City for example, Bank of America and CitiGroup have higher surcharges than the surrounding independant atm machines. This is becoming extremely attractive from a convenience standpoint, along with the down international economy
