ATM Franchise for your ATM Business?
When people start researching the ATM business they will undoubtedly find me and my ATM Business Blueprint Success System and they will usually find ACFN Franchised, which is an ATM franchise.
The more they look at the possibility of an ATM franchise and the more they look at my ATM Business Blueprint Success System a lot of times the more questions they have about whether they really need to be an ATM franchise or not to start their ATM business.
Here’s the deal: for some people they will want to be an ATM franchise, no matter what. The money isn’t an issue for them. They just want to say they have a franchise, they want to be a part of something bigger. And that is cool. It’s their money to spend anyway they wish after all, right? And if they want to spend it on an ATM franchise then so be it.
For other the folks the big thing that stands out with the ATM franchise is the franchise fee itself. Just the fee alone to call yourself an ACFN ATM Franchise is $25,000.00 That’s a lot of money for a lot of people that may want to start their own ATM business and when they think about the fact that they have to fork over $25k upfront just to be associated with an ATM franchise, well the second thoughts begin to set in.
Just so you know I’m not making stuff up, because I don’t do that, but I realize you don’t know me that well yet 😉 below is the fees for the ACFN ATM Franchise taken directly from their website:
Now I am not here to diss an ATM franchise. I really have no desire to do that because if you really want to be an ATM franchise then you’re going to be an ATM franchise despite the costs.
The first thing that pops out to me though, besides the obvious $25,000 atm franchise fee is the cost of ATMs and other equipment. Now, they already stated in their * that you get 2 ATMs with that $51k cost (the first column to the left.) So, what equipment and supplies could you remotely be spending another $5,000 on for your new ATM franchise?
That’s one of the questions you should get answered by the company prior to becoming a new ATM franchise, because your 2 ATMs should cost you about $4,000, roughly, give or take a couple hundred bucks. So, the other $5,000 is for???
That’s a heck of a lot of receipt paper if you ask me 😉 Sure, it could be for your connection from the ATM to the processor, but again, that cost is no where near $5,000 for 2 ATMs. It’s not even $1,000 and if you do it properly, it’s not even $500! (Oh and that money is not the cash used in the ATMs, because that’s what the next line is that says $14,000.00 but it was a nice thought.)
So, again, I’m not saying not to become an ATM franchise, but please just make sure you do your due diligence.
I do recognize that there are a lot of things that an ATM franchise may have that the ATM Business Blueprint Success System may not and that’s why I’ve listened to the folks that have emailed me and called me with questions and I will be launching very soon my ATM Business Blueprint Wealth Acceleration System!
I’m super excited about the Wealth Acceleration System and can’t wait to share it with you. When I officially launch it to the world I will do a comparison of it and the ACFN ATM franchise, heck I’ll even do a 3 way comparison of the ACFN ATM Franchise, my ATM Business Blueprint Success System and my ATM Business Blueprint Wealth Acceleration System.
I’ve just shared it with a select few people so far and the response has been very good, which I was excited about.
So, to learn more about my ATM Business Blueprint Success System or to be notified as soon as my ATM Business Blueprint Wealth Acceleration System is launched just head over to my ATM Business website here (and you’ll get my ATM Business Road Map for free while you’re at it.)
***Oh and don’t worry, both of my programs are far less than the initial $51,000 that you’d need to get started with 2 ATMs in your new ATM franchise business. Promise.
Now with all of that said. Tell me what you think below about the idea of an ATM franchise vs. just going at it on your own?
you’re topics are very good. you are very up on everything you talk about!!
you’re my girl!!
lol well thank you Lorna! Glad you’re enjoying them!
I’m at a stale mate.. I can’t grow any larger until I find another way of funding my atms….
I’d definitely say Private Money Lenders. I’ve raised over $500,000 for our ATM business from private money lenders.
I’m interested in the download however I think the link might be broken. I’m curious about internet connection is there additional fees, what type of machine, or what are the percentage of taxes. I’m way ahead of myself. Thank you in advance for sending the business download.
Hi Carrie (great name by the way lol)
Did you sign up via email address etc. and then within your email the link didn’t work. Is that
what you are referring to?
Yes there usually is a connection fee (but I teach my students how sometimes they can have a communication/connection
fee be $0.) Machines are pretty comparable functionality wise and price wise (I share exactly what I buy and who I buy it from with my students.) Not sure what you mean by percentage of taxes but ALL tax related questions need to be discussed with your CPA.
Have you signed up for a free ATM strategy session with me yet?
Pls am looking for foreign currency ATM franchise
Sorry, can’t help you there.