I am UK based and looking to setup a BTC ATM, initially just one or maybe two locations, I'd rather not lease or take on a franchise, but run a machine myself. Has anyone any experience in this?, where's a good place to buy the actual machines? - I've seen a range of prices from US to China, how is easy is the software setup? I know the turnover question is difficult to answer but selling small amounts of SATs, can one location sell up to 1 btc per day?, any other things I should be aware of? BTW am pretty much clued on local laws in the UK.
Thanks in advance
Do you live in a big city?Having an ATM at some crowded place might generate some transactions,but I really doubt about reaching 1 BTC per day.I assume that you will need some kind of permission or license by the local authorities in the place where you live.If you ask me,leasing and franchising are the best options for a beginner.If you cover all the costs of buying and installation,combined with your lack of knowledge about how to setup and run the machine,you will be taking a big risk.