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ATM Machines - Does Your Business Need One?


By Shane Penrod

If you're reading this article, then the answer is probably yes, but before we get ahead of ourselves. You need to ask yourself a few questions regarding the actual location you plan on placing your new ATM machine.

1. Do you have customers asking for the location of the nearest ATM machine?
2. Do you have at least 200 people a day visiting your location?

If you answered yes to both of these ATM related questions. Then I'm about to show you why you need to buy an ATM machine and how your going to make a great profit with little or no effort.

The key to being successful in the ATM business is to find ATM placement locations that will make you money. ATM sales are based on traffic count, so let's figure out how many people will use your new ATM machine on a daily basis. The formula I am about to show you is the same formula that is used by every ATM dealer and ATM distributor in the country when placing ATM machines. Trust me when I tell you this formula is tried and true.

ATM dealers and ATM distributors look at one thing when deciding weather or not to place an ATM machine at a particular location. The rule of thumb goes like this. 3% - 5% of the foot traffic that actually sees the ATM machine will use the ATM. So let's figure that you have a total of 300 people a day coming through your doors Nick Williams Womens Jersey , and let's say that you are charging a $2.25 surcharge per valid withdrawal. If you take the middle road that 4% of the people that see the ATM machine will use it. Then you can count on your new automated teller machine to generate you a minimum of 360 transactions per month at $2.25 per valid withdrawal. That comes out to $810 per month or a total of $9,720 per year. All that from one ATM machine at one location.

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