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ProfitLayer with Timothy Dick - Business building explored layer by layer.

Mar 20, 2019

"ATMs are like little rental properties without tenants, toilets, or trash."

- Carey Buck (25:59-26:02)

Timothy Dick

Profit Layer


Success in any industry requires a commitment to persistent action. But with some businesses, the hard work paves the way for an income stream that requires relatively little time, energy, and attention.


Carey Buck has built a profitable business by owning and operating independent Automated Teller Machines (ATM) while teaching others how to do the same. With minimal upfront costs, business owners are creating multiple income streams that support their financial goals.


After reading Robert Kiyosaki’s Rich Dad Poor Dad, Carey became interested in creating passive income streams. After a brief stint in real estate, she found out about the ATM business at a property management seminar. That’s where her entrepreneurial success started. She was eventually fired from her full-time day job, but because of her ATM business, Carey never had to find another job.


Look for people who have actually built a business, had success, are qualified to help, and care about people.” Timothy Dick (53:34-54:07)


Cash is Still King


It’s possible you didn’t even know it was possible to buy your very own ATM. In fact, 60% of ATMs are owned by private individuals instead of banks. In a world where people are used to paying for things with debit and credit cards, cash is still king. According to the Federal Reserve, cash is the most frequently used payment method. It’s used for 30% of all transactions as well as 55% of transactions under $10.


The ATM business model is simple.

  • Buy an ATM.
  • Set the fee you want to charge users.
  • Put cash in your ATM.
  • Place your ATM in businesses or at local events.
  • When someone uses the ATM, they pay a surcharge that is your profit to keep.

Maximum Profits With Minimal Investment Cost

An ATM is a vending machine for cash. But unlike other vending businesses, you don’t have to buy new inventory. The money withdrawn from your ATM is returned to your bank account within 24 to 48 hours. By returning that money to your ATM, your inventory is continually restocked while you collect the surcharge fees for every transaction.


If you place your ATM in a local business, expect to generate $300 to $600 per month on average. However, there are many factors that influence your income. Understanding how the business works is critical to meeting your financial goals. Mobile ATMs that you place at events and local fairs can generate larger sums in a shorter period of time. Carey estimates that a mobile ATM at a local event could generate between $500 and $2000. The ATM business offers a level of freedom and control you can’t find anywhere else. You can purchase a machine for around $2,200, put $1,000 in it, and soon be earning a steady stream of new income.

“You’re going to operate and run your business much better when you’re not worried about finances.” - Carey Buck (49:30-49:38)

Important Details to Consider


ATMs have to comply with rules and regulations. If you purchase a used ATM that isn’t ADA (Americans With Disabilities Act) compliant, you could face a $50,000 fine. ATMs are vulnerable to skimmers, devices that illegally collect card data from users. Without the right business tools in place, you could be held liable for the losses of your ATM customers. You need to plan for these and other issues if you want to succeed in the ATM business.


The ATM business can be the ideal path to entrepreneurship for anyone looking to create new income sources. Retirees and others looking to leave the 9-to-5 work life can get the freedom they need by learning how to buy and set up profitable ATMs in their local area. ATMs give you complete control over your investment, and you decide what financial goals you want to reach. The ATM business lets you create the work lifestyle you want. With over 30 million businesses in the U.S. and only 500,000 ATMs, the opportunity is there for you to create passive income and have the freedom of entrepreneurship.

How to get involved
If you would like more information about Timothy Dick, and the success businesses have gained through work with him, please visit his  website.

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Learn more about how to get into the ATM business at You can connect with Carey in her Facebook group and subscribe to her YouTube channel.