How to Start an ATM Business from Scratch.

Synopsis

Guest Mitchell Sorkin owns 900 ATMs across Los Angeles netting $864,000/year. He explains buying existing ATM locations rather than cold-calling, why acquisition multiples are lower than expected, location contracts, cash loading, theft and insurance, plus a closing brainstorm of other ideas including a ComfyUI-based AI business.

Ideas in this episode

• Vending machine route

  Mitchell Sorkin owns 900 ATMs across Los Angeles netting $864,000/year — buying existing ATM locations rather than cold-calling, why acquisition multiples are lower than expected, location contracts, cash loading, theft and insurance.