How Many Transactions Can You Expect?
Posted: Sun Jan 19, 2025 9:27 am
How Many Transactions Can You Expect?
Again, this depends on location, but the average ATM is used 300 times per month. Of those, you can figure that approximately 250 will be a successful cash withdrawal that will result in you pocketing a surcharge.
This also implies that when you are surveying potential ATM locations, you australia whatsapp number data focus on ones for which attracting 300 ATM visitors per month is feasible. Your ATM will need to have ten visitors a day to meet the national average.
Likely Total Revenue
To calculate your likely total revenue, multiply 250 transactions by the $3.00 surcharge. This leaves you an average monthly revenue of $750 for each successfully placed ATM. This works out to an annual passive revenue of $9,000.
Step 5: Calculate Your Profit
For the following profit calculations, we will assume we are able to achieve $9,000 in annual revenue. If you can achieve more, the profits will be that much higher.
Again, this depends on location, but the average ATM is used 300 times per month. Of those, you can figure that approximately 250 will be a successful cash withdrawal that will result in you pocketing a surcharge.
This also implies that when you are surveying potential ATM locations, you australia whatsapp number data focus on ones for which attracting 300 ATM visitors per month is feasible. Your ATM will need to have ten visitors a day to meet the national average.
Likely Total Revenue
To calculate your likely total revenue, multiply 250 transactions by the $3.00 surcharge. This leaves you an average monthly revenue of $750 for each successfully placed ATM. This works out to an annual passive revenue of $9,000.
Step 5: Calculate Your Profit
For the following profit calculations, we will assume we are able to achieve $9,000 in annual revenue. If you can achieve more, the profits will be that much higher.