Bitcoin ATM Business for sale london uk

Bittothefuture

jr. member

Activity: 35

Merit: 13

Quote from: hugeblack on July 03, 2020, 09:38:33 AM

Quote from: gmangman247 on June 28, 2020, 04:07:54 PM

We have a record of sales which we can show any potential buyer. The machines sell bitcoin and litecoin. We are easy to find on google and coinradar. We currently charge 17.5 percent per transaction.

I did a quick search for that area, I found many Bitcoin ATM machines so it is difficult to charge 17.5 percent per transaction.
Are there some taxes, insurance, and other expenses?

If we ignore all of this and assume that it is zero and there are no other costs.
Suppose, for example, that we charge 5% to 10% fees that make sense.

5%: 120,000*10% - (150*2*12) = 8,400/Year.
10%: 120,000*5% - (150*2*12) = 2,400/Year.

So I need 2 to 5 Years to make profits.

15000 pounds look like an exaggerated number.

Quote from: gmangman247 on June 28, 2020, 04:07:54 PM

We have a record of sales which we can show any potential buyer.

Did you ask any clients before using their data commercially?

in the bitcoin ATM industry operators charge between 10%-25% more of what the current bitcoin price is. Operators gotta make some $$ plus BTMs are a really convenient fiat on ramp / off ramp. Thats what you are paying for. No need to wait for an exchange or open an account with an exchange, your bitcoin, when you want it.

Berking

newbie

Activity: 28

Merit: 0

4.5K gbp if ok

gmangman247

newbie

Activity: 3

Merit: 0

my machines are not on the map
what about the value of the machine did you take that in consideration.

hugeblack

legendary

Activity: 2702

Merit: 4002

Quote from: gmangman247 on June 28, 2020, 04:07:54 PM

We have a record of sales which we can show any potential buyer. The machines sell bitcoin and litecoin. We are easy to find on google and coinradar. We currently charge 17.5 percent per transaction.

I did a quick search for that area, I found many Bitcoin ATM machines so it is difficult to charge 17.5 percent per transaction.
Are there some taxes, insurance, and other expenses?

If we ignore all of this and assume that it is zero and there are no other costs.
Suppose, for example, that we charge 5% to 10% fees that make sense.

5%: 120,000*10% - (150*2*12) = 8,400/Year.
10%: 120,000*5% - (150*2*12) = 2,400/Year.

So I need 2 to 5 Years to make profits.

15000 pounds look like an exaggerated number.

Quote from: gmangman247 on June 28, 2020, 04:07:54 PM

We have a record of sales which we can show any potential buyer.

Did you ask any clients before using their data commercially?

yimfinity

full member

Activity: 322

Merit: 116

Maybe he means volumes and not revenue?

120,000*17.5% - (150*2*12) = 17,400/yr

So he wants ~1 year revenue?

Lucius

legendary

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Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

Quote from: gmangman247 on June 28, 2020, 04:07:54 PM

The business generates 120,000 pounds a year in sales.
You will be buying our customer base, location and machines for 15000 pounds.

You selling a total deal for 15k GBP, and that same deal brings you 120k GBP a year? Well, that doesn't make sense on the business side, but if everything you say is true, then this is more of a gift than a sale Cheesy

Quote from: gmangman247 on June 28, 2020, 04:07:54 PM

We currently charge 17.5 percent per transaction.

People complain about 5% of the fee, and 10% is already considered a real robbery - and you charge as much as 17.5% per transaction? Your customers obviously have no other choice or they think this is a normal fee, but it is in any case too much even for crypto ATM.

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

if I understand correctly you are selling Bitcoin ATM, then you should move your thread to this section:

Bitcoin Forum > Economy > Marketplace > Goods

if you have difficulty moving your thread:

gmangman247

newbie

Activity: 3

Merit: 0

Two Bitcoins ATM machines located in Northwest and Southwest London.

Brand new each machine was purchased at 2800 pounds. They do have second hand price.

The business generates 120,000 pounds a year in sales.

Only cost associated with the business is shop space which is 150 pounds a month paid to each shop owner.

You will be buying our customer base, location and machines for 15000 pounds. We have a record of sales which we can show any potential buyer. The machines sell bitcoin and litecoin. We are easy to find on google and coinradar. We currently charge 17.5 percent per transaction.

Topic: Bitcoin ATM Business for sale london uk (Read 341 times)