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STEALTH
Clemson Fan
Kansas
Member since Feb 2008
958 posts

ATM Machines
I was wondering if anyone on here owns one. Im trying to weight the option of buying my own ATM or letting a bank provide one for me. I hear they run around $2,500. There will be plenty of transactions at my business but I'm more concerned about the maintenance issue.


Ric Flair
LSU Fan
Charlotte
Member since Oct 2005
11867 posts

re: ATM Machines
No experience with this, but I'm sure there are vendors that will split the fee with you and do the maintenance themselves.


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Golfer
LSU Fan
Member since Nov 2005
75052 posts

re: ATM Machines
quote:

ATM Machines


One of my pet peeves...along with PIN Number...


LSUDrinka
LSU Fan
Chicago
Member since Jul 2005
5549 posts

re: ATM Machines
for a while I looked into getting one for a bar who's owner I was friends with in NYC.

the fact is that if you are not there all the time to stock it with cash, maintain it, fix it when its out of order. . . then you're better off googling "free atms" and getting one from a company that manages it completely and just gives you like 30 cents a transaction. (or something else minute but would nonetheless be passive income)


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Giggetygigetty
LSU Fan
Member since Jan 2007
21 posts

re: ATM Machines
There is a company I deal with. You can purchase the machine ( a Triton) for around $3300, put your own money in and make $2.50 a transaction. You can opt to give them .25 cents per transaction and they fix/maintain any problems w/the machine. The money taken from the ATM is put in your checking within a day, weekends are put in on Mon/Tues. You receive a fee check at the end of the month. My machine paid for itself in 6 months. I haven't had a problem with the machine in 2+ years.....


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cenla tigah
LSU Fan
cenla
Member since Sep 2007
5521 posts

re: ATM Machines
quote:

One of my pet peeves...along with PIN Number




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Spankum
LSU Fan
Miss-sippi
Member since Jan 2007
51425 posts

re: ATM Machines
quote:

One of my pet peeves...along with PIN Number...


me too....another is MLB baseball....


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