How to Make $864K/Year Profit with ATMs. ATM Biz Deep Dive. Ep #072

The Koerner Office - Business Ideas, Advice & Deep Dives - A podcast by Chris Koerner

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I sat down with Mitchell Sorkin, the ATM guy from Twitter. He owns 900 ATMs across Los Angeles, bringing in $864,000 a year in net profit. We talk about how he bought these locations rather than using cold calling to get them, and why this is an approachable business for anyone. The multiples are much lower than you'd think, making it a great opportunity in a well-established industry.At the end, we talk about few different business ideas beyond the ATM industry, including a unique AI busines...