Low-Cost Merchant Services for Small Restaurants

A payment processing company that offers lower credit card transaction fees specifically targeting small restaurants and coffee shops under $3 million in revenue. Currently small businesses pay around 15% markup on broadliner street accounts while national chains pay only 3.5%. There is a huge gap to serve the 400-500K restaurants in the US with cheaper merchant services outside of bundled POS providers.

Startup Budget

$10K – $50K

Difficulty

Advanced

Business Type

Online

Location

Anywhere

Time Commitment

Full-time

Revenue Potential

$10000+/month

Skills Needed

fintechsalespayment processingB2B marketing

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Low-Cost Merchant Services for Small Restaurants — YouTube thumbnail

Watch on YouTube — Chris Koerner

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