Investing in ATMs

[notting]

Re: Investing in ATM machines

Didn't My 'ATM' go broke offering something like this?
Maybe Emu eggs is a better option.
Ask them for a written guarantee of 18% for the first 2 years if they are so confident!!

 

[McLovin]

Re: Investing in ATM machines

Didn't My 'ATM' go broke offering something like this?
Maybe Emu eggs is a better option.
Ask them for a written guarantee of 18% for the first 2 years if they are so confident!!

Wow, remarkably similar...

In contrast, in the My ATM model, an investor would buy a machine for as much as $25,000 and My ATM undertook to provide them with a 20 per cent return.

If you don't get a certain volume of transactions this model will fail (and did).

http://www.smh.com.au/business/my-atms-demise-no-bar-for-ezeatm-20111209-1om5w.html

 

[skc]

Re: Investing in ATM machines

Interesting trends on various forms of money.

http://www.petermartin.com.au/2012/03/dont-you-want-me-baby-were-falling-out.html

We’re falling out of love with cash. We withdrew cash from ATMs 64.7 million times in January, which sounds a lot but was well down on 65.6 million times the previous January.

Chart looking toppy? Or a potential continuation pattern...

http://www.macrobusiness.com.au/2012/03/evolution-of-money-continues/

 

[notting]

Re: Investing in ATM machines

You may also like to look at CUS and ICP charts as as a reflection of how ATM Businesses are travelling at present!
I used to own CUS got out on the last bounce in December and glad I did!

 

[geeroy]

Re: Investing in ATM machines

OP must have watched ACA last night. anything advertised on ACA is guaranteed to be a bad investment.

 

[jarryd]

ATMs

Hi Everyone.

I am hoping someone here has some experience in ATMs. I am trying to work out the best way to go about getting one in my business and cant work out what the best option is.

These companies seem to have options to buy, rent or even get one for free. http://ownyourownatm.com.au/
http://www.getanatm.com.au/ http://www.ifatm.com.au/

But I think buying one outright would be the best option for the long term.

Any help would be appreciated.
Jarryd

 

[ATM Scam]

Re: ATMs

Hi Everyone.

I am hoping someone here has some experience in ATMs. I am trying to work out the best way to go about getting one in my business and cant work out what the best option is.

These companies seem to have options to buy, rent or even get one for free. http://ownyourownatm.com.au/
http://www.getanatm.com.au/ http://www.ifatm.com.au/

But I think buying one outright would be the best option for the long term.

Any help would be appreciated.
Jarryd

DO NOT invest in ATM's...I recently bought several ATM's and the company who sold them is going bust. A legal battle has begun so I cannot disclose anymore info. I shall update you as soon as this matter is (somehow) resolved.