Are you looking to get an ATM for your bar or restaurant? Here are the best reasons to have an ATM in your business.
An ATM will increase cash usage, reducing credit card fees and chargebacks. Customers are happier to have on-site access to cash and studies have shown they typically spend up to 20% more when using an ATM in your location. Servers prefer cash tips. More importantly, if customers must leave to use an ATM, they may never come back.
Our bar and restaurant owners that have an ATM are tapping into additional revenue by getting an ATM. The average ATM generates $300 per month to the owner, which pays for the machine in less than 9 months.
Lieberman Companies is happy to offer two types of ATM programs for bars/restaurants:
Buy An ATM
Bars and restaurants that choose to purchase an ATM receive the surcharge which is additional profit for the location. You decide the amount of the surcharge fee. You would also be responsible for filling the machine with your cash. We offer a 2-year warranty on parts and outstanding free technical support. The ATM machine is an asset for the business and could be used as a business tax write-off.
Buying an ATM allows you to keep more of the surcharge and generate additional revenue. If you ever sell your business, the ATM revenue would increase the selling price.
Free ATM Placement
If you take advantage of our free ATM placement, there are no upfront costs to place a machine in your bar or restaurant. You just need to provide the space, power, and internet for the ATM. Cash for the machine is filled by us, not you, and we handle all repairs and maintenance. Our free ATM placement program is available to qualified locations based on volume and size.
If you are concerned about the extra cash required to fill the ATM, our free ATM placement is the way to go. You will still reduce your costs and generate positive customer and staff feedback.
On-site ATM Benefits
An ATM placed in your bar/restaurant offers your customers a convenient way to get cash quickly. Studies show that 80% of the money withdrawn from an ATM is spent on-site. Help your bartenders and servers get tipped in cash without adding credit card fees. Having an ATM machine also builds foot traffic by attracting additional customers.
Lieberman ATM Services
Lieberman Companies is an ATM distributor and certified ISO processor. We offer secure transactions, competitive pricing on both new and used ATMs, and unmatched technical support for your ATM. We also provide ATM cash vaulting services. We have longevity in the ATM market and operate machines throughout the United States.
Lieberman is a 4th generation family-owned business celebrating over 119 years. We pride ourselves on honesty, integrity and giving back to the communities we serve.
For more information on buying an ATM machine or free ATM placement, give us a call today at 925-887-5303 or simply fill out the form below to get started.