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Last Updated : 402 Days ago
1490 Barton St E, Hamilton, Ontario, Homeside

1490 Barton St E, Hamilton MLS Number: X9045706

Homeside, Hamilton, ON, L8H 2X2

$600,000

Status: OFF MARKET

  • Property Type: Commercial (Sale Of Business)
  • Property Taxes : $0.00 (Tax Year:2024)
  • Listing Courtesy : Re/max Real Estate Centre Inc.

1490 Barton St E Property Description

Outstanding and Profitable ATM business for sale!! Comprised of 90 machines, primarily located in Hamilton, with additional placements in Mississauga, Brampton, Milton, Oakville, Burlington, Durham and Niagara Region. The business processes approximately 13,000 monthly transactions, each earning a margin of $2 to $2.50, generating Annual Gross Commission of $370,000 as per Seller. Total annual expenses include Payouts to Locations ($70,000) and insurance as well as minor maintenance issues ($12,000). Only a single operator required to replenish cash. The operation is fully monitored 24/7, providing real-time statements. Cash replenishment is managed weekly. Each machine valued between $3,000 to $4,000. Net Income for the period of July 2023 to June 2024 was approximately $286,000!!! System is fully automated and digital, with comprehensive documentation ensuring seamless operations. Perfect opportunity as an investment for additional income!

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1490 Barton St E Property Facts

Property Type :Commercial
MLS Number :X9045706
Listing Type :Sale
Possession Date :
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Last Updated :29 Oct, 2024 (402 Days ago)
Source :TRREB
Area :Hamilton
Postal Code : L8H 2X2
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1490 Barton St E Property Price & Tax Insights

Price : $600,000
Property Taxes :$0.00
Tax Year :2024

1490 Barton St E, Hamilton Property Details

Cross Street :Barton St E / Kenilworth Ave N
Fireplace/Stove :No

1490 Barton St E, Hamilton - Price History

2024-09

28 Sep, 2024

TREB #X9045706

Available

$600000.0

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1490 Barton St E - Location Map and Landmarks

  • St. Peter's, Hamilton 3.08 km
  • Juravinski  and Cancer Centre, Hamilton 3.84 km
  • Hamilton General, Hamilton 4.77 km
  • St. Joseph's Healthcare Hamilton - Charlton campus, Hamilton 5.79 km
  • McMaster University Medical Centre, Hamilton 6.12 km
  • St. Joseph's Healthcare Hamilton - West 5th campus, Hamilton 6.91 km
  • Joseph Brant, Halton 7.74 km
  • McMaster Children's, Hamilton 9.67 km
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