Why I SOLD MY ATM BUSINESS | The Future of ATM’s in 2023
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- Опубліковано 25 чер 2024
- This video explains the Pros and Cons of the ATM Machine Business and Why I decided to Get OUT! I explain the Ins and Outs of the ATM Business, how to expand your ATM Machine Portfolio, Common Mistake You CAN AVOID, How To Scale the Business, Answer Questions from Viewers in My Comments Section and Best Practices for Success in the ATM Business/ATM Industry!
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He got out because he worked his ass off and was able to get out and move to the next stage .. well done ! You done start at the top, you work your way to the top!
🙏
He can’t say that bc then he can’t sell his “passive income” atm course
I am now in the ATM business bcuz of you Austin and your friend Austin lol. I came across one of your videos about "passive income" and you talk about the ATM biz in that video. so I went thru a rabbit hole about the ATM biz and for about 1/2 a year I saved up all the stimulus checks the gov gave me in 2020 + some more of my own money I saved up from working and bought my first ATM in Oct 2020. I am now at 8 ATM's, some at great locations others in not so great locations.
Thank you. keep making UA-cam videos your awesome.
Wow! Appreciate you watching brother. Thanks for the comment and wish you an insane amount of success with your atm business!
How do you stay safe when loading them?
Could explain a little on what made some of your locations more profitable than the others? Thanks!
@@JrnMnd08 you really can't. Just gotta have balls and pay attention.
@@edwinbetancourt3958 Do you have a good email I can contact you about the atm business?
So Helpful!!! Thank You!!!
🙏🏼
This is great. Thank you for sharing.
Appreciate the video, Austin.
Thanks for watching and appreciate you leaving a comment!!
Good video thanks!
Thanks for the video.. Amazing insights and great intel. Can I ask from what company did you purchase your ATM from?
Another issue you did not mention is contracts in atms aren't really enforcable when they kick you out you could try too sue but often its not worth the hassle .
The main point of it is to protect your property tbh
I admire and love your hustle and your ambition,wish I knew you...congratulations keep it up your accomplishing every thing you try
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Great video
Thanks for the watching! 🙏🏼
Where can you buy a preexisting portfolio?
Great Insight. I hope those who are considering getting into this business sees this video first.
🙏🏼🙏🏼
What’s in the first video?
I don't know how your ATM business survived as long as it did lol. I get charged about $0.20 per transaction and I pay the location owners 15 to 20% my girlfriend or my daughter loads the machine while I stand on watch with my sidearm after three years I've never had a single issue depending on the location I'm a load my machines once a week or once every two weeks I mostly have mine set up within bars/night clubs and I also do mobile ATMs at outdoor events like fares and farmer markets and each one of my $2,500 ATMs hey themselves off in roughly 5-6 months keep in mind if you're easily frightened or spooked this isn't the occupation for you because often you are walking around with several thousand dollars but with some common sense and Street smarts it's not really an issue as long as you don't personally associate or hang around people of questionable character or lowlifes
Use punctuation my guy 😅. The stuff you’re writing will make more sense as a result. You’re welcome 😑
Great video!! Thank you for the info!! Question for you .. if you can help .. where do you get the contracts? Thanks again!
great insight, learned alot and what to expect when I start. By any chance do you have a template of an ATM contract?
I don’t, got out of the game a while ago but I have a ATM business tour with my good buddy and old partner on this channel who owns ATMONE. His website is in my bio and he can help provide what you need or get you started
The who? How? and the when? do you get your cash back when you filled up your atms?
I have an interesting question...
Can a bank style ATM be situated onto a food trailer??? I've seen the gap between the screen area and the rear vault area. It's a little bit wide but that can definitely be filled in to suit.
New to this but interested. How does it work.... I put my money in to ATM machine. How do I get that money back? Forgive my ignorance
When you would buy people out for 5/10k would that also come with there machine or would you have to put your own machine in
Where I can buy an atm?
Its good for people who have a vending machine business ... Take the cash and put it in the atm
What if your Atm machine gives someone to much money. Because the bills stuck together. How do you know who it gave to much money to and who it didn't?
You should ask yourself of all of the people you know in real life - how many do you know of getting extra money when using an atm? There's your probability.
What ATMs do u get yo funds from holmes??? If u find one that gives stuck together bills, pls pls, let’s us know! 😅
Thankfully i only plan to put ATMs at golf courses
Everyone and their mother investing in the real estate market is exactly the reason why most people can't afford to find a place to rent or buy even in small-town rural USA you can expect to pay $1,000 a month for a one to two bedroom apartment now it's gotten out of hand
Hahaaa now y’all can stop talking shit about Cali
How much cut do the business owner of the location typically want?
Depends on the location! It’s tough to give an average. The most I personally ever gave was 50%
what happens if someone steals from the atm????
Atm is good
I'm 3 years into this and it really seems like a waste of time. Its been very difficult to find locations. And once I get them, the volume of transactions is insignificant. $1000 per month per machine? I'm lucky if I make $100 in a month. At this rate, I'll see a ROI in about 25 years.
Well what locations are you placing them?
DAYUMM!
Idk why ppl would try to rob atm ? There is a dye pack in the cash box . U can just let them take it
Man Ive been looking into getting in the ATM business for a lil while now, im a barber currently and while doing research i came across this video.. @13:52 you show a barbershop and ironically it just so happened to be the shop I cut at.😅 what are the odds of that?... idk what could be more of a sign.
That is wild!! 😂
😅😅😅wow! Crazy! So did u get one?
Did you go to college in Newyork?
I did not
❤Please are you there
Just buy more? I’m so confused how someone can not see growth.
But you get to a point where you have too many to maintain yourself. then you have to hire people or pay for 3rd parties to fill/maintain the atm which eats all profits. Pretty simple actually. I’m so confused how you don’t see that.
So hire someone and train them to be an operations manager to help scale! SMH 🤦🏽♂️
I think it’s bc it’s too much work and people use Zelle Cashapp and Venmo services that don’t require a fee and no travel or lines to get cash
How does selling/buying a route work in the ATM industry?
don’t do it if anything you should steal the route tell the owner he’s selling it and give them an offer cut throat
@@jimmycantstop that's shit business practice bruh. Lemme find out you hustlin cpn's too.
@@edwinbetancourt3958right?? Damn 😅
@@jimmycantstoptell us u swindle ppl w/o telling us
You never say where to buy an atm?
True passive income = dividends stock market.
Fuck no
You need to analyze the stock for performance and also the dividend payout changes. So there is preventative maintenance.
Venture Capital investors the closest thing to passive income.
Tech. Copying code that's copyright protected is as passive as it gets. This dude needs a computer and watch more UA-cam tutorials
taxes., stock market dividends especially non qualified are taxed heavily
so fucking what? It's still passive!! @@azhardav
Austin, can I buy your atm business brand and use it in Africa
😅😅😅
"Drive around in my Prius" "Drive around in my Prius" "Drive around in my Prius" Who is he? Brian Griffin?
The biggest con is cash is getting phased out and being replaced with digital currency. Get out of the ATM game.
I told you guys when u started posting vids on youtube😂😂😂😂 its not what ya say at all that business is over and too much headache for too little
I know tons of people that still have success! I just sold because real estate is end game for ne
@@AustinZaback yea still have mine not that big of. A business but pays the bills! Looking for a 2nd income now as we speak
What are the headaches and why are you still in it if it's not great?
Nearly every business is "too much headache for too little"...grow some balls.
@@ran2j722what company do you recommend to buy an atm?
Pros? Didn’t hear any
Your presentation is tedious and too long dude.
Noted! Thanks for the feedback! Will simplify
Damn straight....just goes on and on and on...😢
Heard and will simplify. Thanks for the feedback
I liked it I don't see the problem
“The swampmeet” You must be a fellow Californian lol