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Updated RecentlyACFN- The ATM Franchise vs ATMBusiness.com Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of ACFN- The ATM Franchise vs ATMBusiness.com including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $39,134 - $64,017 | $50,000 - $150,000 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 0 | - |
| Advertising Fee | 1% | - |
| Year Founded | 1996 | 1999 |
| Year Franchised | 2003 | 1999 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | No prior experience required. | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | Yes/Yes |
| Start-up Costs | No/No | Yes/Yes |
| Equipment | No/No | Yes/Yes |
| Inventory | No/No | Yes/Yes |
| Receivables | No/No | Yes/Yes |
| Payroll | No/No | Yes/Yes |
Training & Support |
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| Training | ACFN knows what it takes to succeed in developing and operating your own ATM franchise business. All new franchisees attend an extensive, three-day training session in our offices in San Jose, CA. We cover a wide-range of topics during this class to provide franchisees with the knowledge and expertise needed to start an ATM business, including: * Overview of the ATM industry * The ACFN Franchise business model * ACFN's competitive advantages * Our target audience and effective marketing strategy * Meet our team - presentations from all departments Franchisees benefit from a strong network of central office operational and marketing support. ACFN's marketing strategies and services provide the competitive edge that every business should have in their toolboxes. | - |
| Support | As an ACFN franchisee, you'll have access to: 1. National databases of business to conduct market research and identify businesses that meet the initial ATM placement criteria. We help develop and provide franchisees with a segmented list of these businesses in the agreed upon radius of operation. 2. Marketing materials to help interest prospective businesses in our ATM Program and to maximize the chances of securing a contract for ATM placement. Our team works to contact and contract locations for the placement of your ATMs. 3. Lead tracking software, which enables you to view the activity of your leads. 4. Support for scheduling and completing ATM installations once an agreement is signed with additional support during installation to ensure correct programming. 5. Complete monitoring and service support after installation in addition to on-going performance monitoring of processing and accounting functions. | - |
| Marketing | National Media Regional Advertising Website development | - |
| Operations |
Franchise can be run from home.
Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | Yes | No |
| International Expansion | No | No |
Company Overviews
About ACFN- The ATM Franchise
If you are looking for a part time franchise that can lead to financial independence
with a strong long term residual income without the complexity of employees
or the demanding schedule of a retail operation, ACFN is the franchise for you. ACFN is a premier deployer of ATMs in hotels and other travel and entertainment
based businesses since 1996. We franchised in 2003 and have since been recognized
as one of the top franchise companies by many publications including the
prestigious Entrepreneur Franchise 500, Inc. Magazine, Franchise Times, Military
Times Best Franchises for Vets and AllBusiness.com
Our 180+ franchise owners (25 Veterans) currently provide ATM services across
the USA and Canada.
Some of the benefits of the ACFN Franchise include:
* Marketing - We find qualified locations in your area, negotiate and obtain the contract
for placement of your ATMs.
* ACFN targets High-End, Quality and Profitable locations
* Proven business model and track record
* Flexibility and simplicity - create your own schedule
* Independent long term residual income.
Your Part time Franchise for a full time retirement.
Veteran Incentives $1,000 off franchise fee
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About ATMBusiness.com
As an ATMBusiness.com business owner you will be joining the best team in the ATM provider industry. ATMBusiness.com will assist you with our unique marketing techniques and provide training and dedicated software to capture the ATM provider market in your area of methods. To further strengthen your ATMBusiness.com base, we will employ a variety of techniques to increase name recognition at your specific locations. We offer you a complete turnkey package including training, set-up, service and maintenance contracts and support 24/7. As an ATMBusiness.com business owner, you will be taking advantage of a licensing opportunity as opposed to a franchising opportunity. The licensing opportunity affords you many benefits over the franchising system, some of which include making your own business decisions, paying no royalties, keeping 100% of Interchange Fees, no fee processing and promoting your business as opposed to ours.