Building an ATM Empire

Mitchell Sorkin started by buying 3 ATMs in 2021. Today he has over 140 machines and is targeting $5m EBITDA in 3 years.

Topics in Mitchell’s interview:

• The difference between arbitrage and building a business
• Mitchell's journey to acquiring 140 ATM machines
• How to evaluate an ATM route
• Revenue and margins in the ATM business
• Challenges with SBA financing
• His most controversial Twitter thread
• Future plans to raise a fund
• 3 ways to profit in the ATM business
• Dealing with theft
• How people underestimate ATMs

References and how to contact Mitchell:

• Stack Influence
• ATM Brokerage
• Mitchell’s Twitter thread about the Korean seller
• [email protected]
• Marshall & Sterling

Get a complementary pre-acquisition HR & PEO review for your target business:

• Contact [email protected] or visit Aspen HR

Get complimentary due diligence on your acquisition's insurance & benefits program:

• Oberle Risk Strategies - Search Fund Team

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel
• Connect with host Will Smith on LinkedIn
• Follow Will on Twitter