$600,000

Commercial For Sale In Homeside, Hamilton (Homeside), Ontario

$600,000

Property Information:

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. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Irregular: Yes
  • Lot Depth: 108.0 Feet
  • Lot Frontage: 105.0 Feet
  • Lot Size: 105 x 108 FT
  • Zoning: C2

Courtesy of: RE/MAX REAL ESTATE CENTRE INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.