Surcharge Income Example
- Surcharge Amount – $2.00
- Your income per use – $2.10
- 5 uses per day – $10.50
- 30 days – $315.00
- 12 months $3780.00
ATM Business Owner Handbook -
How Much Can an ATM Machine Make?
It mainly depends on where the ATM is located and if it is needed. The main thing to remember about the ATM Business is that it’s just like real estate. Location, Location, Location. Are you a retail merchant or an ATM Owner or want to operate an ATM Business (or all three)?
ATM’s can be installed anywhere in the USA. Any retail merchant location. Restaurants, liquor stores, convenience stores, fast food restaurants, casual dining, bars, night clubs, train stations, football or baseball stadiums, concert venues, adult themed locations, Hotels, Hospitals, Condo complexes, Apartment Complex, High Rise Apartment Buildings, you name it.
It’s all about foot traffic and if there a reason to spend money nearby. Sometimes just having a lot people nearby does not guarantee an ATM will be used often, but it is certainly better than no traffic at all.
Some of the best locations are where there is a high need for cash and no credit cards are accepted.
We’ll try to boil this down and make it simple. At the very least, if you’re a retail merchant, and you don’t already own an ATM, you could purchase the hardware from anyone (even from us) and once you set up the ATM processing it should at least pay for itself in a few months.
You’ll also need a dedicated standard phone line (but since it calls a toll free or local number you’ll just have the cost of the line, no tolls) or Internet Service (only available with newer models). With the advent of VoIP and certain devices if you have a computer close to the ATM you could use a Magic Jack or other device as long as the ATM can hear a dial tone or predial to get a tone (like dialing a 9, although not as reliable, it would still work). If you have a fast internet connection and you purchase one of the new ATMs which include internet processing, or get a separate wireless device ATMdepot can handle the rest.
If you don’t have an ATM or are considering getting into the ATM business for some extra cash, you just need to be sure that a minimum of at least 3 – 4 people per day would use the ATM every day (if available 7 days per week).
Obviously if you’re a retailer and are open 10 hours a day that’s just one person using the ATM every few hours. If you’re considering a through the wall machine that faces outside it will be avialable 24 hours a day but those machines need much more usage to make sense.
If you already have an ATM or are already in the ATM business and are looking to switch your ATM processing services (you need to check your current ATM agreement for termination clause) you could take advantage of our higher revenue sharing without any costs to you.
If you don’t have an ATM, you can review our ATM Machine equipment options or call us for advice.
Let’s say for example you purchase a basic Tranax Hantle ATM for $2,000.00 (including shipping). You can install it yourself, but we recommend you let us arrange to have a professional install it and train your staff.
This ATM needs its own phone line (but dials a toll free number only) or set it up to use your Internet Service. We also have a Triton ATM for under $2,500. You will probably invest between $2,250 – $3,500 in good ATM machine by the time you’re done installing the phone line, professional installation, signs, or anything else extra you may want for your ATM Business.
Surcharge Income – Example
|Surcharge Amount – $2.00
Your income per use – $2.10
3 uses per day – $6.30
30 days – $189.00
24 months $4,536
|Surcharge Amount – $2.00
Your income per use – $2.15
12 uses per day – $25.80
30 days – $774.00
24 months $18,576
Your income per use will always be equal to or greater than what you charge since ATMDepot shares the backend interchange based on your ATM Usage.
Even if your ATM is only used three (3) times a day and you charged $2.00 (typical US average), it would only take 12 months to pay for itself (12 month ROI) depending on the model of ATM your purchased.
Once the ATM is paid off, your only cost is the phone line (or internet service), the rest is pure profit.
If you have a good traffic location or install an outside ATM, you could easily reach 20 – 25 transactions per day. Then the machine would pay for itself in just a few months. We have many locations that pay for cost of the ATM in one month. Try our ATM profit calculator, and see your income projections.
According to a March2004 study as listed in an Associated Press News story, more than 85% of people ages 18 and older have an ATM card. If you’re a retailer and don’t already have an ATM you should definitely consider installing an ATM machine in your business today.
If you’re a business that offers services to merchants (retailers, hotels, hospitals), a developer, a vending machine business or the type of individual that likes to invest in businesses that have residual based income streams you should call us or really look into the ATM business.
Almost everyone in the USA over the age of 18 that has a bank account carries an ATM card. Everyone needs cash and most need it daily. There’s more money in ATMs than you think.