$600,000
FOR SALE

Business for Sale

Service Related

Lot: 105 x 108 ft

1490 Barton St E
Hamilton, ON L8H 2X2 | Homeside

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.
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Listed By RE/MAX REAL ESTATE CENTRE INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9045706
Last Updated Aug 06, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Service Related
Franchise Non-Franchise
Category Without Property
PIN 172580114
Legal Description PLAN 502 LOT 223 TO 225
Occupancy Owner
Possession Date Flexible
Directions/Cross Streets Barton St E / Kenilworth Ave N
Neighbourhood Homeside
Area Hamilton
Price History

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Detailed Information
Lot 105 x 108 ft
Retail Area 100 percent
Air Conditioning Y
Basement N
Chattels Y
Garage Type Outside/Surface
Days Open V
Hours Open Varies
LLBO N
Employees 1
Heat Type Gas Forced Air Closd
Financial Statement Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning C2
Seller Property Info Statement N

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