Lucrative Cash Machine Business for sale
Go-4-Cash is a locally owned family business that was established in 2012. The business includes 16 cash machines located in a variety of stores and businesses around the Kootenays and Okanagan. Some of the machines are owned by the businesses themselves, some by G0-4-Cash and some by our business affiliate Cash-in-Time. As well, some of the businesses load the cash themselves and Go-4-Cash cash loads 7 local machines. Hours are flexible and average one day every two weeks or so.
The value of this business lies not only in the business inventory of machines, but particularly with the long-term contracts with each location.
The Business is held in a corporation which can be transferred to the new owner. We have all financial records for the past five years including profit and loss statements, and balance sheets. The profit margins in this business are excellent with gross sales increasing in 2023 to $24,000 with net approximately $18,000. There is also potential for growth with an enthusiastic new owner to find new locations for machine placement.
Owner is willing to train and act as a resource for a period of 6 months after the sale. This is an opportunity to get in on a relatively low cost business which has great returns for very little time each month. We have consulted with the Venture Connect Program to set a fair price and they are willing to assist as needed with the sale.