8 Businesses That Grow With an On-Site ATM Machine
The growth of your business is determined by the availability and the quality of products or services you offer, however, in order to thrive quickly, you must implement all methods that can help you achieve your goals. In this article, we will explore 8 businesses that grow with an on-site ATM machine.
Business owners seldom consider options that go outside of their industry. While this may be a good thing, it blinds you from exploring other easy options you can adopt to increase your income through passive methods. Installing an ATM machine for your business will do just that, especially if you can get one for free from McWhorter ATM Services. In this article, we will talk about the type of businesses that can grow if an ATM machine is available on-site.
8 Businesses That Grow With an On-Site ATM Machine
Restaurants.
The majority of people like to pay for their food in cash, they don’t like the hassle of credit or debit card payments. These people are always looking for an ATM to withdraw from, if you install one in your restaurant, you would be minimizing credit cards processing fees, provide a faster service and persuade the costumers to buy more of the food and drinks you are offering. Also, servers prefer cash tips so a handy ATM makes it easy for your customers to be good tippers.
Hotels.
While we realize that the majority of hotel clientele prefer to pay with credit cards, it won’t hurt if you install an ATM machine. You can gain passive income from all the withdrawal done by foot traffic. In other words, you will be making money for each person who passes by your hotel and withdraws money. Also, your hotel clientele can always use a little cash whenever traveling so you can earn extra money for the ATM withdrawals.
Thrift Shops.
The majority of costumers who visit thrift shops pay for their necessities with cash. If you have a thrift shop, installing an ATM machine can do wonders for your business. By placing one just outside your doorstep, you will help your costumers find an easy way to withdraw money and purchase your products.
Not only this, while a person who was just passing by stops to withdraw money, an item may catch their attention and they end up buying it from you. It does not matter if they are students or professionals, the working class as well as collectors will always have something to buy from your store and to do that, so having a handy ATM Machine in your retail business, it’s easy for your customers to get their hands on a little extra cash. They can withdraw cash from an ATM, your ATM!
Gaming Areas.
Gaming is on the rise and having a gaming business will always be profitable. Both adults and teenagers tend to join the world of escapism that is offered by games. Either video games or classic ones, your costumers would need money to play. Here, you should make it easy for them to grab cash by placing an ATM in your business area and keep them hanging around longer.
Parking Lots.
There is not a single city without a parking lot. If you are running one, let me tell you that you will make a fortune just out of ATMs. In order to pay, a car owner would need to pay for the time he is using your parking area.
Many parking lots today do not accept debit or credit card so cash is the only option. By placing one, you would convince the costumers to park his or her car there without turning away or go look for another parking lot.
Gas Stations.
Hundreds, if not thousands of people visit gas stations each day. More than half of these people tend to withdraw cash for the road ahead. Placing an ATM machine strategically in your gas station will contribute to making your business grow faster.
Gas stations have a lot of foot traffic. Just imagine if a charter bus carrying 50 passengers and they all need cash, they can use your ATM because it is the closest and easiest way.
Beauty Shops.
A recent study shows that women spend more than $3700 a year on beauty products. By placing an ATM machine near your beauty salon, you would help your costumers to easily get cash, which they can spend in your store on your products or services.
Convenience Stores.
The last business on our list that can be improved with an on-site ATM is a convenience store. Having a source of cash for your costumers will contribute in increasing your sales. There is always an item that grabs your attention or an item you have forgotten while you are in a convenience store. If your costumers have extra money, they will always buy extra products. You will also benefit from the fees of an ATM, something you could use to expand your business.
Conclusion.
McWhorter ATM Services is a fast growing company that can help you install an ATM machine for free if your business is qualifies. There’s no better way to make some passive income, no matter your business type, with little or no out of pocket investment. The business listed here are a few ones that we recommend. We have your best interest at heart and we will use our experience to help you determine if an ATM Machine could be profitable for you and meet your business goals. Call us now at 800-975-1764 to get started today with a free no-obligation analysis. We are located in Alabama, but service companies all around the United States.
