Bank Deposit & Cash Transport Service
Transport cash deposits and valuables for businesses
Overview
Cash transport services generate $80,000-$500,000 annually with 45-70% margins.
In 2025, businesses outsource cash handling security.
Revenue from per-pickup fees ($25-$100), monthly service contracts ($300-$2,000 per location), armored transport premiums, change order delivery, and vault services.
Services include daily cash deposit pickups, armored car transport for large amounts, change order delivery, safe and vault services, check deposit transport, and ATM cash servicing.
Successful services maintain security and bonding, provide armored vehicles for large amounts, offer daily pickup routes, handle change orders, and ensure reliability and accountability.
Retail and cash businesses as clients.
Marketing through retail businesses, restaurants, convenience stores, cash-intensive businesses, and banking relationships.
Required Skills
- Security Procedures
- Cash Handling
- Route Management
- Armed Security (for armored)
- Accountability
- Customer Service
Pros and Cons
Pros
- Recurring daily pickup contracts
- Essential service for cash businesses
- Premium pricing for security service
- Can build route efficiency
- Barriers to entry (bonding, insurance)
Cons
- Very high insurance and bonding costs
- Security and robbery risk
- Armored vehicles expensive
- Strict regulations and licensing
- Competition from major armored carriers
How to Get Started
- Get security licensing and bonding
- Invest in secure vehicles (armored for large amounts)
- Develop security procedures and accountability
- Market to cash-intensive businesses
- Provide reliable secure cash transport
- Build daily pickup route contracts
- Maintain security and insurance compliance
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