Case Study
‘Costcutter Woodvale’
THE VA LU E OF CASH STORE OWNER CASE STUDY ‘Costcutter Woodvale’ Store owner: Frank McAllister 11.06.2014 Frank McAllister owns Custcutter Woodvale and has been running the store for 34 years. “ My bank fees were too high, so I decided to install an ATM ” says Mr Allister. “ Now I’m saving £10,000 per year, and I’m also getting more customers come to use the cash machine and then spend money in my shop. ” “ The cash machine has increased my turnover by 13%. I have had it for ten years now and I couldn’t be happier, ” he says. “ A while back, I surveyed my customers and found that a third of those who use the cash point spend the money they take out on site. It’s definitely been a boost. ” Cardtronics UK, Cashzone’s parent company, conducted market research entitled, The Value o