Seeking $1.2MM of equity/debt and $1.6MM of working capital to acquire a portfolio of 295 ATM machines. $2.3MM in revenue and $1.0MM in EBITDA for 2014.
Stage
$1M in TTM Revenue
Industry
Financial Services
Location
New York, NY, US
Currency
USD
Founded
February 2012
Employees
3
Company Summary
I have been moonlighting in the ATM business for over 4 years and have identified an acquisition of 295 ATM machines in CT and NY. The machines have a great track record and are very profitable with $2.3MM in revenue and $1MM in EBITDA per year.
The long term goal is to grow to 1,000 machines by acquiring other ATM portfolios and providing better services to our merchant partners.