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How to Create Passive Income by Owning ATM Machines
Owning an ATM (short for automated teller machine) can be an excellent low maintenance, mostly-passive way to make solid income. These machines offer a perfect side hustle that can be done by just about anyone. In addition, if you run enough ATMs, they can be a full-time business providing more substantial money. ATM operators make income off the transaction fees added to every withdrawal made by customers. This predetermined fee is charged to the customer, ranging anywhere from $1 up to several dollars, depending on the amount of traffic and demand at the location. Read on to learn more about this opportunity.
A Great Business
This is a great business for someone who wants a simple, low-maintenance way to make money. In addition, there’s very low risk since almost anyone can start this business and ATMs are in demand in many areas. Annual income can be as much as $60,000+ per year by just running a few machines in locations where people are always coming by for help with their transactions.
In addition, this business requires no previous experience in order to get started. You do not need any kind of formal education or training. You can set up a single ATM and earn profits right away, but if you want to expand, then there is obviously a need for that. As with any business or venture, you will…