Buy an ATM - A Profitable Source of Income

You can an existing franchise for sale and create a passive source of income.
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San Jose, CA (prHWY.com) January 5, 2013 - You can an existing franchise for sale and create a passive source of income. There are many people who are urgently in need of cash and are willing to pay a few dollars towards atm franchises, so that they don't need to go all the way to the bank to get the money. You can place such ATMs in public locations and make good profits. You can buy the atm route for sale from the franchise company, as you will be getting a brand and also the machines that you need for the business. The business plan for such low cost franchise is already a proven one.

How to Start

When you have decided to getting into the atm business, you can buy one or several. You will also need to buy other equipment, such as the clip for filling the money and refilling the machines and so on. You might also need a truck for servicing the ATMs and for shifting them around.

It is important to look for proper locations on atm route for sale. Select public areas that are accessed by a great deal of foot traffic. You can expect about 3 to 5 percent of the people who see your ATM to be using it and then calculate the amount that you could possibly generate with one location. You can discuss the location and the number of machines with the atm franchises and come to an agreement. In case of a franchise, you will have to pay some rent to the franchisor.

Providing Phone Line/ Internet Access

After placing the ATMs in the strategic locations, you will have to provide access with a phone line and the internet. You must also set up a computer for checking the ATMs and the status and decide how much money you need to take to fill them.

When you buy a low cost atm franchises or rent it from a franchisor, you will be handling a large amount of cash at any given time; hence, you need to vary the time of servicing the machines.

About The ATM Franchise

The ATM Franchise will help you to earn a safe long term income by operating an atm business in high traffic locations. There are many atm routes for sale in USA and Canada. To learn more about the existing franchise for sale in your area visit their website at http://theatmfranchise.com/available-atm-business/.

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Tag Words: atm for sale
Categories: Business

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