Wood pallet recyclers prefer selling to these companies because it is convenient in saving time and gas, while also supporting smaller recycling facilities. Plastic bottles and containers can be recycled into new bottles and containers. The company accepts the following pallet sizes: Some are allowed to have some damage or missing boards, but Smart Recycling requires Euro pallets to be in good condition without missing pieces or damage. Some businesses, especially those with bulk quantities occupying space in their warehouse, may even be glad to pay you to recycle the wood pallets. Used pallets are perfect for strapping down Gaylord Boxes or storing inventory. You can expect to make anywhere between $0.5 to $4 per pallet, depending on its size and condition. The standard sizes of re-manufactured pallets are 4840 (this is the most common size), 4242, 4848, 3648, 4040, 3636, 4836, 4248, 4048. Keep this money untouched, so you have money to pay the tax man in the spring. Thinking of selling your used pallets? How much is a used pallet worth? The price you'll get per pallet depends on these factors: What area you live in One of the most important parts of running a business is knowing how to grow that business through marketing. Made of hardwood or softwood or any combination of them. Start negotiations for a price that will make you a profit and save the company money as well. Others may be barely functional, with broken deck boards, stringers or water damage from being left out in the elements. The key to keeping things consistent is maintaining your inventory at a steady pace. Fortunately, theyre super easy to repair with some nails and a hammer. Join today: 100% free! Add a few nails if needed. These pallets must be: 48" x 40". Depending on the size and condition of used wood pallets, you can expect to sell these anywhere from $0.50 up to $2.50 to $4 each. There are several benefits to recycling wood pallets. Their goal? What are some advantages of purchasing an used pallet? Saving 20% is a good number to start with. Recycled pallet prices range from $0.50 to $4 per pallet. First, the ongoing labor challenges in the supply chain have made it difficult to find workers to produce new pallets. Or places where you can pick up pallets for free. The typical cost per pallet is about $0.50 to $4, with most of them averaging about $2 each. Its important to know that these recycling efforts have spread to the shipping industry as well and we actively work to keep our pallets out of our nations landfills. Another option would be to check with local manufacturing companies that receive a lot of supplies. Banking | Business | Insurance | Taxes, About | Team | Contact|Press |Policies. How to Win the Lottery: 17 Key Tips to Hit the Jackpot! By refusing to take the easy way out, a savvy entrepreneur can recycle wood pallets for money by taking the time to learn how to recover broken pallets or sell them to pallet recycling companies near you. The price of wood pallets has been on the rise in recent years, due to a combination of factors including high demand and rising lumber costs. How Much Does CSL Plasma Pay ($1000 a Month)? Reselling your pallets saves you money in a variety of ways, such as: In the past quarter-century, great strides have been made to reduce, reuse, and recycle pallet products to improve our environment and reduce waste sent to landfills. Recycled pallet is a word that is sometimes used, it often means a used pallet. When it comes to pallets, there is no one-size-fits-all answer. Currently, there are over 2 billion pallets in use nationally, The pallet market for both new and refurbished pallets is estimated to be worth $17 billion in North America, In 2011, 476 million pallets were newly manufactured, while 474 million used pallets were recovered from landfills, Of the 474 million pallets that were recovered, 326 million of them were reusable as pallets, while the remaining 148 million were repurposed wood pallet for other ideas, Out of each 100 pallets sold, 43 of them are used for wood pallet recycling or recovery. 6. Creating an extra stream of income is an essential step towards financial freedom and is a great option to increase your net worth. For that reason, we suggest putting aside some of your side hustle income in a separate savings account. Stop by and see if they have wood pallets you can take off their hands. Pinecone Research, a leading name in online survey panel honesty, absolutely guarantees $3 cash for every survey you complete! If that doesnt work, dont worry, because there are other options: This website has a full directory of companies that buy and sell used pallets all over the world, so you can find one local to you no matter what country you live in. This service helps to understand your companys pallet inventory life cycle, ensuring every pallet is being used and reused optimally. Companies could have saved millions by reusing or repairing the pallets instead of discarding them. You can also ask other local businesses that you think may use wood pallets to see if you can take them off their hands. Pictures; Quality; Amount per pick up; What are the Common Pallet Sizes in AZ. If the pallets are in good condition, youll be able to sell them for more. Whether its recycling wood pallets or one of the many other awesome side hustle options available, having a side gig is a great way to increase your income and achieve your financialgoals. Clean pallets in good shape sell at a higher rate than pallets in poor condition. If you have several of those in your inventory that you havent yet gotten around to fixing, then this company is an option for at least making some money from them. Or if you were planning on purchasing a truck or trailer anyway, it could be worth the expense too. States also have their own laws about forming businesses, naming your business, etc. Recycled wooden pallets can work just as good as pricey firewood, though, if they havent been treated. This article will show you how to recycle wood pallets for money. Since used pallets come in all shapes and conditions, used pallets should be briefly inspected before being put to work. Usually, recycling services will repurpose wood pallets into mulch, so even if theyre not in good condition, youll still be able to make a sale. It is an excellent opportunity to make money fast while saving the environment at the same time! What do pallet Colours mean? And, its super simple to put up an ad with a few quality pictures and a quick description of what youre selling. We won't send you spam. Recyclers can use the directory to find contact information for companies in their area that may be interested in purchasing the pallets they have for resale. Pallet flipping can be a very profitable way to make money, if done correctly. Why not go ahead and try this side hustle and see how it turns out for you? Waste Management is a good example of a company that offers pallet removal at some location. Top 6 Sites That Pay Cash for Recycling Cardboard Boxes! Dont forget about colleges near you, too. For instance, lets say you find two great clients willing to pay you $2 for each pallet in good shape. Instead, styrofoam must be thrown away in the garbage. According to Pallet Profile Weekly, new pallet prices may range anywhere from $11.25 to $25. Until then, try not to get too hasty by buying a large truck or trailer. It looks for the most common pallet sizes, like 42 x 42 and 48 x 42, but you can always bring other sizes there and see if the company has a need for them. You can also find ways to strategically stack your pallets in your vehicle to fit more at a time and save gas on excessive trips. You can use any wood pallets in rough shape to repair the others by taking apart their planks and using them as replacements. You can expect to make anywhere between $0.5 to $4 per pallet, depending on its size and condition. How much are old pallets worth? , Regardless of their appearance, remanufactured pallets can be just as strong and reliable as new and may offer greater longevity than most repaired pallets. You can always call their headquarters to find out if theres any interest in your pallets. Its important to keep your storage area as dry as possible to prevent moisture from molding and warping the wood. However, pallets are largely diverse in the different types they come in, such as wood, plastic, paper/ presswood or metal, the costs will vary. by Arna Bee December 1, 2019. Just like being a good place to find used pallets, Craigslist and websites like Craigslist are the perfect places to sell used pallets! Youll need to drop off the pallets to a physical location because, in most cases, the company wont come to you to pick them up. Sign up to receive my latest money saving tips. It really depends on the condition of the pallets and your buyer. May be stringer or block types. If youll be the only employee, you can typically get away with running a sole proprietorship, meaning that youre the only person who gets paid at that business. The more popular the size and configuration of a type of pallet, the more likely you will be able to find used ones in those sizes. Take a few minutes to talk to the business owner and ask if its okay for you to remove the pallets for free. But the main factors that play into how much people and companies pay for pallets are size and condition. Craigslist is popular and gets a lot of traffic in many locations, so you can likely find a buyer for your used pallets. So there will be thousands of pallets that you can recycle and sell for cash. You can try negotiating a fair deal from pallet owners who dispose of them at a price if you schedule regular pickups. If you are certain theres a market for recycling wood pallets in your area, it might be worth the expense. If you dont see any ads for them, post an ad yourself explaining that youll haul off any stacks of used pallets for free. On average, pallets, cost $120.00 depending on the type of pallet. It is a marketplace that matches generators to recyclers to promote the recycling of pallets. Through their website, you can search for pallet buyers near you interested in purchasing wooden pallets. First, you can plan your trips so that youre hitting businesses near one another on the same day. Or, they might even be willing to pay you a fair price to take the pallets off their hands. Also, I know of two local businesses in our small town alone that give away wood pallets. "Material is secondary to design. Theres no need to repair pallets before dropping them off here (although that can potentially give you a better price). You can always send in the information of your pallets to the company and it will let you know if your pallets are in-demand and worth any money for the company. This post by Design Sponge shows you how to create these beautiful DIY planters. New pallets in good condition that require minimal repair for reuse look more attractive to pallet recycling companies, therefore youre likely to earn a lot selling pallets when theyre in good shape. ), 25 Best Places to Sell Baseball Cards for Cash (Near You or Online! Ask them if they accept damaged or broken boards and what sizes they accept before you head over with your pallets. The industry has grown substantially over the past 20 years. However, if there is a profit on your business after expenses, youll need to pay taxes on that income. How much does a standard pallet cost? , Advantages of Remanufactured Wood Pallets , Disadvantages of Remanufactured Wood Pallets . Today it's closer to $15 on average In California, where goods often cost more than the national average, businesses are seeing an even greater increase. You cant just pick up wood pallets and walk to a recycler, so you are going to need a vehicle for transport. Cost of fuel to transport stuff by pallet is reason they have gone too cardboard or plastic foam strips between items. In 1992, only 51 million wood pallets were recovered. As well, odd sizes and/or scrap pallets can also be removed. This site might be a good place for you to find buyers for your pallets. Just talk to the owner or the manager to pitch your idea of removing them for free. However, the money you make may be worth it. Along with that, youll want to have a drill and some nails for repairing any broken pallets. But do you know that you can recycle wood pallets for money? Our goal is to service companies all of sizes. A pallet might be 72 x 50 or 40 x 51 or 52 x 24 or have a strange block in the middle of it, there really are infinite options. Its also a good place to buy cheap wood pallets potentially for resale. Is there a market for wooden pallets? So, its totally possible to earn, at minimum, $400 per month, even when youre just starting your business. Youll also probably need to learn about sales tax, too, and how to file that for your state. 16.2% were dismantled and used in the making of new pallets or as repair lumber. To avoid incurring unnecessary fuel costs, owning a truck and or trailer are your best bets for building a successful side hustle selling wooden pallets. With the right tools, you can do it yourself to increase their resale value. The 48 x 40 standard size is the most common pallet in CA. This company is best to use when you have a lot of pallets to load up, as it sends a truck to you. Here are some options for finding places to sell your wood pallets. If you spend a few minutes repairing broken pallets, you can likely get a lot more out of them than you would if they were broken. Blue pallets are made from high-quality lumber and are very strong and durable. According to Pallet Profile Weekly, new pallet prices may range anywhere from $11.25 to $25. These pallets must meet these standards, whether new or recycled, in order to be sold as GMA pallets. Hello,I collect pallets from time to time and I was wondering where can sell them any information will be greatly appreciated. You can also treat the pallets with mold-preventing chemicals to keep them mold-free. Pallet prices range anywhere from 50 cents each up to $4 each. How much is a single pallet worth? While not as durable as structural steel pallet racking, selective pallet rack can do the job in most cases. For a cost-free collection, telephone or e-mail them on 0800 515 320 or collect@chep.com or visit their site for additional information at www.chep.com. While theyre designed for one-time use, many companies are willing to pay cash for used pallets that can be recycled and reused. Their mobility, storage capacity, and stackability make them a key logistics tool. And, replace any missing or broken wood planks. How much are used pallets worth in Arizona ? Whereas, No. The prices they were willing to pay ranged from 50 cents apiece on up. And the good news is that reselling pallets runs on a cash basis. Industry standard sizes, such as the 4840 pallet used in grocery stores or the 4845 pallet used in automotive, will hold a higher value than odd-size or custom sized pallets. So, before you throw away your old air conditioner or cell phone, consider recycling it for cash. On the other hand, the 1200mm x 1000mm pallet is more appropriate for export from Asia-Pacific to Europe and the United States because these dimensions fit well with both regions' systems. For those who are looking to accomplish a simple logistics task, these pallets are perfect cheaper alternative compared to those of repaired pallets. Wiley Pallets sells pallets of all different strengths, sizes, and types. Freecycle.org -They have a section on their website for selling and buying pallets. The best way to get rid of your wooden pallets is to give them away for free and the best way to do this is through a haul-away service. By conducting a visual inspection, you can determine the quality of a used pallet. If youre committed to doing these two things, companies may want your business on a regular basis. They leave them to rot somewhere on their premises, toss them into landfills, or burn them in the fire pit-possibly because they dont know what to do with them and how to get rid of pallets. A durable, reusable plastic pallet costs between $100 and $120. Where is the Best Place to Find Wood Pallets? As you can see, recycling and selling used pallets can definitely rake in profit, but you have to know how to find the right places to sell to. You can also contact trash and recycling companies to arrange for a pickup. Everything You Need to Know. Many pallets can only be used once due to the regulations placed upon those industries. The North American Pallet Recycling Network is eager to work with pallet recyclers. No hidden fees and completely free! First, start out with local businesses and factories that you think might be interested in your pallets. We use cookies to ensure that we give you the best experience on our website. In this case, you could spend between $10 to $25, depending on the pallet style, where youre purchasing your pallets from, and the quantity youre buying. Kamps Pallets is a provider of pallet services and is a pallet broker, meaning that you can sell your pallets to the company! The good thing about Kamps Pallets is that it will even buy broken or damaged pallets. Some of these pallets may be in great shape, fully capable of supporting full loads. We will take into consideration the following factors and work with you to come to a reasonable agreement. On average, a single pallet can range from $15 to as high as . How to Improve Office Fluorescent Lighting for Cheap? are the perfect places to sell used pallets! You can always give them a call to see if they have a need before stopping over with your supply. But, they also may not be as picky about their pallets either, so it could be a good chance to sell some in your inventory that arent in the best shape.