From the course: 43 Ideas for Starting a Side Business

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Place ATMs

Place ATMs

From the course: 43 Ideas for Starting a Side Business

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Place ATMs

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- I know a guy who was in the business of buying ATM machines and placing them in local establishments. This is a business that requires a bit of resourcefulness. You'll need to find a good source for buying the ATMs. The good news is that some of these ATM companies will actually finance the machines for you. You'll then look for places that may benefit from an ATM. There's a ton of opportunity to find locations that others may have overlooked; barbers, coffee shops, laundromats, and more. Start walking into locations and just talk to the owner. Explain what you do, drop off a business card, and keep hunting until you land some locations. You make money by the fees that your ATM charges, which can add up to hundreds of dollars per month, per ATM. You can either offer a fixed fee to the business owner or share the revenue. Some easy ways to get started is to get knowledgeable about the industry. Talk to the ATM companies and…

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