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stoneisland

ATM Business as Passive Income Source?

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Hi guys, I learnt about ATM business and was intrigued by the possibility as passive income source. I have a full time job and wanted to do this outside normal working hours. I'm located in New York area. Regarding capital available I can do 100k or more. Would probably start small though. Obviously I'm willing to exchange lower return for less personal involvement. Read a few old posts here and interested to learn insider's view on:

1. Is it possible to do this more like passive similar to rental property?

2. What would be reasonable annual return expectation?

3. In my case is purchasing a existing route the way to go? 

 

Appreciate any advice from you guys!

 

 

 

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Free free to drop me an email, we can talk. 

Unless you ask like an investor, "passive" is very tough.  It seems passive sort of passive, but if your customer is open, you need to service them.  

Last week I drove 7 hours to Brooklyn and back.  As soon as I pulled in the driveway, a cash only bar in New Hampshire called with a bill jam.  Spent another 3 hours driving.  

 

todd@newenglandatm.net

 

 

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On 3/11/2019 at 11:57 PM, BluePlate said:

Thank you BluePlate. I probably will only do local in the beginning. Sure will reach out to chat.

 

 

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