Profitability of Owning an ATM Machine
Owning an ATM can still be a viable income stream for those willing to navigate the risks and challenges. According to industry research, the average income from owning an ATM machine is between $3,000 and $5,000 annually.
Factors Influencing ATM Profit
The income potential for ATM owners varies, but averages $1,000–$3,000 per month per machine. Location and transaction fees are key influencing factors.
Cost of Running an ATM Machine
ATMs cost $2,000-$8,000. Realistically expect to pay $2,000-$3,000. Wall mounts cost less than through-the-wall models for busy areas.
Negotiate an ATM agreement, buy and install a machine, and load cash. Location plays a big role – high-traffic areas generate more transactions and higher earnings. Fees per transaction also impact income.
As an owner of an ATM machine you make money each time a customer uses your ATM to take out cash. A convenience fee is placed on the machine and you collect that fee daily.