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Is Purchasing an ATM the Right Decision for Your Business in 2023?

As a business owner in the Greater Houston, TX Area, you are probably always looking for ways to increase revenue and improve your customer experience. One option you may want to consider is purchasing an ATM for your business. While there are upfront costs associated with purchasing and maintaining an ATM, it can also bring in additional income and provide convenience for your customers.


So when might it be a good idea to invest in an ATM? Here are a few factors to consider:


  1. Location: If your business is located in an area with high foot traffic, an ATM can be a useful addition. Customers who need to withdraw cash for purchases at your business will appreciate the convenience, and you can charge a small fee for each transaction to bring in additional income.

  2. Type of business: Certain types of businesses may benefit more from having an ATM on-site. For example, a bar or nightclub may see more usage of an ATM due to the high volume of cash transactions. Similarly, a retail store or gas station may also see good returns on an ATM investment. Here is a comprehensive list of business types that often can benefit from installing an ATM on site:

    1. Hospitals / Healthcare Centers

    2. Airports, Travel Center, Resorts, Lodges, Hotel & Motel

    3. Bars, Food Court, Taverns, Entertainment Centers

    4. Bank, Credit Union, Financial Centers

    5. Events & Festivals, Carnivals, Fairs, Amusement Parks

    6. Food Establishments, Diners, Restaurants, Liquor Stores

    7. Office Buildings, Office Location

    8. Malls & Shopping Centers, Retail Store Location

    9. Seasonal Summer Businesses, Beach & Boardwalks

    10. Gas Stations, Fuel & Petroleum Location, Car Wash

    11. Grocery, Supermarkets, Convenient Stores

    12. "Cash Only" Businesses

    13. CBD Stores, CBD Retailer, Legal Cannabis Businesses

    14. Stadiums, Movie Theaters, Auditoriums

    15. Schools and Universities, College Dormitory

    16. Casinos, Racetracks, Sporting Events

    17. Tobacco & Smoke Shops, Cigar Shops, Smoke Accessory Stores

  3. Customer demand: If you have received numerous customer requests for an ATM or have noticed that customers are frequently leaving your business to find an ATM elsewhere, it may be worth considering adding one on-site.

  4. Cost: There are upfront costs associated with purchasing and maintaining an ATM. These costs can include the purchase price of the machine, installation fees, ongoing maintenance expenses, and fees charged by the ATM processor. It's important to carefully consider these costs and compare them to the potential revenue the ATM may bring in before making a decision. Service providers like ATM Plus who provide ATM cash management, ATM unit tech support, ATM business consultation, and more can help reduce risk and increase profitability.


If you’re a business owner in the Greater Houston Area looking to diversify your income streams in 2023, you may want to consider placing an ATM in your location. ATMs can be a useful addition for businesses that are located in high foot traffic areas, cater to cash transactions, have customer demand for an ATM, and can justify the costs associated with owning one. If you think an ATM could be a good fit for your business, it's worth considering as a potential investment for the New Year. You can learn more about placing an ATM in your business and how ATM Plus can help you maximize the profit on your ATM investment today at https://www.atmplus.co/contact




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