Business For Sale. Multi-svcatm W/check Cashing

NUBANC, LLC. designed and developed a next generation multi-services ATM platform that provides an array of financial services at retail locations, essentially extending the banking market and potentially displacing more costly check cashing storefront locations. The company has created its third generation Remote Management Services (RMS) software which is designed to accommodate a broad base of attendant-less ATM customer Services including payroll check cashing, payday loans, money orders, consumer loans, bill payment, vouchers, deposits, phone cards, and coupons, as well as standard cash withdrawals from established accounts, balance inquiry, and cash transfers. In addition, the company';s ATM platform can act as a physical front-end for Internet banking services. The company';s core initial focus is the estimated 28%; of U.S. households who use check cashing services, a market which processes over 24;55 billion in checks and generations more than 24;1 billion in fees. Nubanc';s solution provides its customers with a product that operates at nearly one-sixth the cost of storefront locations and provides and estimated return on investment within one year. The main product development is completed with systems operating at retailers and convenience stores, automated back office management is operational, and the Company has identified order flow to achieve it';s first year of financial projections. The company is seeking upwards of 24;3 million for a 30%; interest in the company and to support its first year of operations, deliver on current incoming contracts, and achieve over a projected 24;20 million in revenue with positive cash flow during its second year of operation. For more information, please contact Ted Inouye at 714-224-7300.