Acquiring Minds

Building an ATM Empire


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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:

 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
...more
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Acquiring MindsBy Will Smith

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