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. If you can find many pallets in good condition, you can be sure to get a higher rate and increase your total earnings. Other times they might resell the pallets. You can always give them a call to see if they have a need before stopping over with your supply. These schools may have the budget for some pallets to use for students, although the budget is probably much lower than other local businesses. Companies in need of pallets for shipping will be eager to save money by purchasing recycled pallets. We will take into consideration the following factors and work with you to come to a reasonable agreement. Check local technical college listings for woodworking or furniture making schools. And, if you really want to go above and beyond with your used pallet business, you can even use these sites to sell things you make from pallets, like furniture. If you have access to a lot of wood pallets, this could be a viable side hustle for you. What Do I Need To Start A Wood Pallet Selling Business? This DIY video will take you through a step by step process on how to repair broken pallets. If so, you can likely grow your business! locations now have wood and wood pallet recovery areas, Reducing dumpster rental and landfill disposal fees, Creating an additional source of revenue for your company, Less overhead requirements and reduces handling costs. Recycling wood pallets for money is a great side hustle. So, its totally possible to earn, at minimum, $400 per month, even when youre just starting your business. All of those options however, will cost you less than buying new pallets. What is the price of a pallet? Sign up to receive my latest money saving tips. Join Opinion Outpost, one of the few faithful and honest survey panels and earn cash and gift cards for your opinion. As a result of the challenges, businesses that rely on wooden pallets are struggling to keep up with demand. National Wooden Pallet Container and Association, Local Pallet Companies or Furniture/Woodworking Schools, What local recycling companies are willing to pay. This business can also thrive from low-cost ads placed in the newspaper or free ads posts on Facebook Marketplace or Craigslist. How much is a single pallet worth? These vary by dimension, the number of nails, thickness, and type of wood. Everything You Need to Know. How Much Can You Sell A Pallet For? If you want to make money recycling wood pallets, youve got several options for selling them. Used wood pallets are environmentally friendly, cost effective, and readily available. As long as its in decent condition, you should be able to find a seller for any size pallet. Although not strictly forbidden by government regulations, the use of recycled pallets in the food industry is frowned upon because of the risk of contamination. 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. How much does a blue pallet weigh? Second, the lack of available trucks and shipping containers has limited the ability to move pallets around the world. Ask them if they accept damaged or broken boards and what sizes they accept before you head over with your pallets. Where Can I Sell My Wood Pallets Near me? Typical Retail Prices for 48x40-inch Wood Pallets: Pallet Prices for New Pallets - $15 -$25 Pallet Prices for A Grade Recycled Wood Pallets - $10.00 - $12.00 Fortunately, with this type of business, word of mouth can be an excellent marketing system that requires minimal effort on your part. Selling used wooden pallets can become a business venture more than just side income if you dedicate yourself to the process. When you set up a business in your town, even if you plan on running it from home for a while, youll need to learn about the laws your town has for running a business. This may not influence your price per pallet, but the total number of pallets you have will come to play when determining the total payout you should expect. We buy used 48" x 40" 4-way pallets, GMA pallets, EU pallets, and other common pallet sizes in a variety of grades. That said, you can also expect to make more money from a whole truck of pallets in not-so-good-condition than just a few in great shape. How much does an empty pallet cost? The company does say that you can get paid more for large quantities of pallets 400 or more rather than small ones, and that neatly stacked pallets will also yield a better price than disorganized ones. When youre first starting out, youll probably have some dry spells where you have little to no pallets to sell. Although you may not make a lot of money, selling to the local pallet companies near you may be a great idea, especially if you have excess stock. Sometimes the companies repair and reuse the pallets. It would help if you got a rough idea of how much you can make per pallet so that you can weigh your options and determine whether the pay is worth your effort. The amount of money that you can get for your pallets has a lot to do with the condition that they are in and where you are. Is there a market for wooden pallets? ), 21 Legit Ways to Get Free Coins on Webtoon, How and Where to Get Your Preferred Ice Cream for Free, 14 Places to Get Balloons Filled with Helium, 12 Millionaires & Billionaires Giving Away Money, Standard Australian Pallets 1165 x 1165mm. There are several benefits to recycling wood pallets. This makes them viable places for selling your recycled pallets. According to Pallet Profile Weekly, new pallet prices may range anywhere from $11.25 to $25. 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. Its a good business venture because its relatively inexpensive to get started flipping wood pallets and theres large demand. 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. That means companies lost big money by throwing them away! If you dont see any ads for them, post an ad yourself explaining that youll haul off any stacks of used pallets for free. PalletOne is committed to the preservation of our planets natural resources and your businesss finances. How Much Does It Cost To Advertise a New Business? Thinking of selling your used pallets? 39 Work from Home Jobs That Give You a Free Computer, 11 Totally Legal Ways to Get Your Internet at Home Without Paying for It, 18 Best Ways to Get Hulu Absolutely Free Every Month, Key Copies Near Me: 38 Places to Get Duplicate Keys Made (2023). Depending on the quantity and quality of pallets you purchase, the price per unit ranges from $10 to upwards of $80. Do you have questions about buying pallets or any of our other services? Of course, the number of clients youll have depends on where you live. In addition, most beverage containers can be redeemed for cash at your local recycling center, such as aluminum cans and glass bottles. All rights reserved. If you can help them cut their costs in half, youll be saving them a lot of money. You can easily injure yourself by transporting wooden pallets if you try handling them with your bare hands. New wooden pallets typically cost between $19 and $24, while used or reclaimed wooden pallets tend to cost between $10 and $18. You can even make further arrangements with the business owner for wood pallet removal weekly or monthly. Below are the top places to sell your wood pallets. What are some advantages of purchasing an used pallet? Of course, the start-up costs will be cheaper if you already own these things. Theres more to making money with wood pallets than just recycling them for cash if youre looking to really maximize your profits with your business. You may even have local businesses that make handmade items or furniture who could use the wood or want to turn pallets into dcor items. You can even offer to customize them to your clients needs with names, specific designs and colors, etc., for a higher price. 9 Places To Sell Recycle Wood Pallets for Money [Near Me] Kamps is among the top pallet brokers and recyclers with over 45 years of experience in the game. Often, used pallets come broken with missing wood planks or nails. You will get your money immediately when you deliver them at your clients specified location. As you become more familiar with finding used pallets and knowing where to go to sell them, youll find that your business starts evening out a bit. How much is a standard pallet worth? - EasyRelocated What pallets are worth money? - EasyRelocated These pallets must meet these standards, whether new or recycled, in order to be sold as GMA pallets. Whether you are a savvy entrepreneur looking for a business idea or are just tired of your 9-to-5 job and want to find a way to turn in some extra cash as part of your exit plan, recycling wood pallets for money is a great way to get started. Pallets are often used to transport construction materials, including lumber, bricks, and cement. Repaired pallets are given grades usually A and B, sometimes referred to with corresponding numbers 00,01. There is such a thing as an industry-standard pallet. According to Pallet Profile Weekly, new pallet prices may range anywhere from $11.25 to $25. , Regardless of their appearance, remanufactured pallets can be just as strong and reliable as new and may offer greater longevity than most repaired pallets. Some of these pallets may be in great shape, fully capable of supporting full loads. Youll want to have a good mix of some of the more popular sizes of pallets, plus an inventory of odd sizes that people might be specifically looking for. You will pay more for those that look like new, but it will still cost considerably less than purchasing new pallets. Pallet costs range from $4.00 to $200.00 for most pallets. Used pallets can be used for a multitude of applications, from domestic transportation to internal warehouse distribution. Every year in the U.S., 1.9 billion wood pallets are used by transporting products all over. They accept and buy the most common pallet sizes. The National Wooden Pallet Container and Association is a pallet broker that maintains a directory of companies that buy and sell wooden pallets on its website. How much can you sell a pallet for? Use a dehumidifier if needed. Apart from the benefit of earning some extra cash on the side, you can save and invest or use to pay some debts. Here are a few ways to recover broken pallets for cash: As the recycling industry continues to become more effective, there is no shortage of ways to recover broken pallets. However, if there is a profit on your business after expenses, youll need to pay taxes on that income. Note: When you earn money recycling wood pallets or any other on your own job, know that youre considered self-employed. In fact, recycling these items is a great way to earn some extra cash. The industry has grown substantially over the past 20 years. the reduced cost makes them a great option for those who need to protect their bottom line while still effectively transporting or storing goods done safely and reliably. Their mobility, storage capacity, and stackability make them a key logistics tool. 48 Top Low-Stress High Paying Jobs (for INTROVERTS) in [year], 36 Direct Deposit Times Hit at Banks and Credit Unions, Does Instacart Pay for Gas: Answers Here on Hourly & Mileage, Start A Catering Business From Home With No Money (or little money), 16 Legit Sites To Get Paid To Do Homework For Money (Legally), 9 Ways on How to Make Money on Airbnb Without Owning Property, Wood Pallet Industry Statistics in the US. Theyll want you to be able to meet their daily or weekly pallet demand and provide good service too. How Much Are Blue Pallets Worth - BikeHike Negotiate with the manufacturers to see how much they may be willing to pay for recycled pallets. Dont forget to read our article on the best other sites like Craigslist for free stuff. But, this information can get you started in your business so you can start earning cash quickly. If youre lucky, you may find businesses in your area that will order a specific weekly amount, like 50 each week. As you would expect, larger pallets in great condition will bring more money than smaller ones regardless of condition. This price will be lower for the most basic designs, with very simple plastic pallets designed to hold lightweight product costing as little as $10 each when bought in bulk. Once you click your country, youll be taken to the database of listings for each state or province. Do you live in an area that has a lot of manufacturing companies? The price you'll get per pallet depends on these factors: What area you live in A lot of herbs can be grown this way, and some smaller fruit and vegetable plants can also work in this type of garden. Along with that, youll want to have a drill and some nails for repairing any broken pallets. What do you think of this interesting business opportunity? There paying 11 dollars a pallet 4 way 48/40 over here in LA. When tax time comes around, youll need to report your earnings on your tax reporting form. Interesting Way to Earn Cash: Get Paid to Text, Flirt and Talk! Unsubscribe at any time. If each client buys 100 pallets a week, you can make $400 per week selling pallets. This means you have the money youve earned in hand as soon as you drop the pallets off at their specified location. When it comes to pallets, there is no one-size-fits-all answer. Combine these tips to maximize the profit you make on your wood pallet recycling business. If the pallets are in good condition, youll be able to sell them for more. Why not go ahead and try this side hustle and see how it turns out for you? How Much Are Blue Pallets Worth - The Prospect The costs to start recycling wood pallets can vary. Some consider it one of the best under the table jobs that pay cash. However, pallets are largely diverse in the different types they come in, such as wood, plastic, paper/ presswood or metal, the costs will vary. The next most common pallet dimensions are 42 x 42 and 48 x 48. You Can Earn $700 a Week Recycling Used Wood Pallets For Money! You can also host giveaways on social media, inviting people to share your posts and giving a lucky fan some pallets for free for participating. The National Wooden Pallet Container and Association works differently. Where is the Best Place to Find Wood Pallets? So there will be thousands of pallets that you can recycle and sell for cash. In cases where pallets are beyond repair, they often grind them up into wood mulch and resell them to those needing mulch. Reconditioned pallets are not only just as sturdy and dependable as newly built ones, but are also offered at a lower price point. These pallets are perfect for moving unfinished products domestically or internally. How much are used pallets worth in Arizona ? If there are no salvaged pieces to fit a specific need, new parts may be used. APE has locations in Alabama, Florida, South Carolina, Georgia, North Carolina, Tennessee, and Mississippi. Its a great way to start a recycling business with less risk. 27 Best Ways to Get A Free Laptop From the Government! 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. For those who are looking to accomplish a simple logistics task, these pallets are perfect cheaper alternative compared to those of repaired pallets. Plastic pallets are available for both one-time shipping and reusable applications. The decision to put a perfectly good product for reuse aids green initiative movement all while lowering your cost. Good luck. And what can be more than to recycle wood pallets for money by selling them to wood pallet brokers in your area! The price of used pallets can vary depending on whether you are purchasing as is, repaired, or remanufactured ones.