Quote from: hugeblack on July 03, 2020, 02:38:33 PM

Quote from: gmangman247 on June 28, 2020, 09:07:54 PM

We have a record of sales which we can show any potential buyer. The machines sell bitcoin and litecoin. We are easy to find on google and coinradar. We currently charge 17.5 percent per transaction.

I did a quick search for that area, I found many Bitcoin ATM machines so it is difficult to charge 17.5 percent per transaction.
Are there some taxes, insurance, and other expenses?

https://i.imgur.com/nnWgzsT.png

If we ignore all of this and assume that it is zero and there are no other costs.
Suppose, for example, that we charge 5% to 10% fees that make sense.

5%: 120,000*10% - (150*2*12) = 8,400/Year.
10%: 120,000*5% - (150*2*12) = 2,400/Year.

So I need 2 to 5 Years to make profits.

15000 pounds look like an exaggerated number.

Quote from: gmangman247 on June 28, 2020, 09:07:54 PM

We have a record of sales which we can show any potential buyer.

Did you ask any clients before using their data commercially?

in the bitcoin ATM industry operators charge between 10%-25% more of what the current bitcoin price is. Operators gotta make some $$ plus BTMs are a really convenient fiat on ramp / off ramp. Thats what you are paying for. No need to wait for an exchange or open an account with an exchange, your bitcoin, when you want it.