ATM franchising is all set to dominate the Indian business industry by generating numerous business opportunities for investors in low investment.
The commercial real estate segment is drastically emerging as one lucrative investment in modern time. The higher rate of return which is associated with commercial real estate segment is believed to boom the concept of low-cost ATM franchising in India.
ATM franchising is all set to dominate the Indian business industry by generating numerous business opportunities for investors in low investment. In fact, the ATM industry witnessed a rapid growth in terms of ATM terminals that reached to approximately 2.4 lakh by the end of 2017. This statistic is assumed to rise constantly, allowing a profitable business opportunity to aspiring and existing Indian entrepreneurs.
As per RBI’s statement, India is in need of more ATMs in the country as compared to the existing ones. Therefore, apex bank allowed seven non-banking financial companies (NBFC) to introduce white-label ATMs that will be mainly set up in the majority of the Indian rural areas while a small percentage of them will be installed in Indian urban areas.
Low-Cost ATMs: Easy to Earn Model
Low-cost ATM franchise business is one new entrant within the home-based franchise business segment. In fact, the demand for such a franchise business is constantly on a rise that makes it a lucrative business opportunity.
People that are looking to earn good residual income without investing too much money, time, and energy can opt for low-cost ATM franchise business, enjoying its key benefits while making a good amount of money.
Return on Investment
The Return on Investment (ROI) usually depends upon the footfall created at the ATM location. Moreover, the return is directly dependent upon the volume of transactions being carried forward at a particular ATM.
A franchise usually earns a fixed amount based upon every cash withdrawal and nonfinancial transactions.
Gaurav Marya, Chairman, Franchise India says, “People can invest money in an ATM franchise and earn a return on their investment.”
Training for the Franchisees
Investing and running a low-cost ATM franchise is among the simplest business models currently available in India. The franchising doesn’t require any sort of education or qualification that eventually opens the gate for every individual that is willing to invest in this sector in India. As low-cost ATM franchise doesn’t require any experiences, franchisors often provide appropriate training that is required to become successful in this business.
Location for the ATM Franchise
The revenue from an ATM franchise business depends upon the average foot traffic present in the location of the ATM. Therefore, franchisees should focus on opting for the location of the ATM franchise that can decide the future of the business.
Therefore, placing an ATM franchise unit in a location with great traffic is recommended for enjoying the luxury associated with this business.
So, grab this opportunity and enjoy making a great return through low-cost ATM franchise. One could earn a steady income every month through these ATM franchises without investing in much effort and capital.