Some pallets may need to be repaired whereas some are perfectly fine. 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. When tax time comes around, youll need to report your earnings on your tax reporting form. 4848 and 4845 are among its most in-demand pallet sizes. People like you and me then gather them and haul them to another location for resale. Pallet prices range anywhere from 50 cents each up to $4 each. PalletOne offers zero-to-landfill programs and services that will allow your business to dispose of, recycle, and repurpose post-industrial materials. 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. For example, the price range for a new 48-by-40-inches GMA pallet is $11.25 to $12.50, but heavier-duty block-style pallets cost $25 or more. First, start out with local businesses and factories that you think might be interested in your pallets. The company specifies that the type, size, and grade of your pallets matter, which sounds like it depends on what the company needs most at the time. You can also treat the pallets with mold-preventing chemicals to keep them mold-free. We invite you to call us to discuss selling or buying pallets, pallet removal services, or any other pallet management services you may require. But, this information can get you started in your business so you can start earning cash quickly. 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. You can check local technical college listings to find woodworking or furniture-making schools in your area, or contact local schools to offer your pallets if they offer woodworking classes. If you're looking to sell your repaired (or repair-able) pallets, we offer a fair market price. In addition, export pallets, which are specially designed for shipping heavy loads, can cost anywhere from $10 to $28. You cant just pick up wood pallets and walk to a recycler, so you are going to need a vehicle for transport. You can expect to make anywhere between $0.5 to $4 per pallet, depending on its size and condition. 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. Some towns forbid certain businesses to be run from home and will, instead, require you to have a commercial address for it. What is the difference between a recycled pallet and a used pallet? Used pallets however are often in limited quantities, they can be cheaper but oftentimes not available. Ive seen everything from custom paintings on pallets to garden paths made from boards to a wooden pallet mug hanger. Knowing where to find pallets and knowing where to sell them are the two most important aspects of the business. 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. Interesting Way to Earn Cash: Get Paid to Text, Flirt and Talk! Recycling wood pallets for money is a great side hustle. By finding the right clients, you can earn some valuable side hustle money. Of course, the number of clients youll have depends on where you live. You can quickly locate local pallet delivery companies in your area from the white pages or the local telephone book. Almost 2/3 of MSW and of half of all C&D locations now have wood and wood pallet recovery areas. Craiglist.org -Many people place ads here to have their pallets collected for free. 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. As long as you can keep your promise, provide a good service, and satisfy their weekly pallet demand, you can be sure to have a constant stream of income, up to $2,400 per month. A heavy-duty block-style pallet, like those used to make pallet pools, pricing would be $25.00 or more. 6 Ways Digital Marketing Entrepreneur Makes Money. If youre only going to ship pallets one way, used pallets might be your best option. Theyll want you to be able to meet their daily or weekly pallet demand and provide good service too. However, if there is a profit on your business after expenses, youll need to pay taxes on that income. But do you know that you can recycle wood pallets for money? Join today: 100% free! So there will be thousands of pallets that you can recycle and sell for cash. In 1992, only 51 million wood pallets were recovered. Use your GPS to plan your route. No matter what way you choose, youll need to pay taxes on your business income. You can expect to get $0.50 to $5 on average per pallet.This also depends on where you are located in the country. The best part is that DIY crafts can bring in a whole new audience for your business, essentially giving you two full customer pools to market to. Is there money in selling pallets? Where Can I Sell My Wood Pallets Near me? You can reach us at 866-336-6032 or send us an email. In fact, recycling these items is a great way to earn some extra cash. Top among them is the size, condition, and the number of wood pallets you have. The North American Pallet Recycling Network is eager to work with pallet recyclers. However, you shouldnt be discouraged if you come across pallets in bad shape, because you can still make money from them despite their condition. According to Pallet Profile Weekly, new pallet prices may range anywhere from $11.25 to $25. Companies in need of pallets for shipping will be eager to save money by purchasing recycled pallets. Creating an extra stream of income is an essential step towards financial freedom and is a great option to increase your net worth. In the US, the standard pallet size is 48 x 40 and weighs 37 pounds. It really depends on the condition of the pallets and your buyer. ), 25 Best Places to Sell Baseball Cards for Cash (Near You or Online! According to Pallet Profile Weekly, new pallet prices may range anywhere from $11.25 to $25. The question you have now is probably How can I find out who buys pallets near me?. Pallets can be sold to a Pallet company. Get a clear picture of your finances and achieve your goals! There seem to be a lot of listings for most areas for wanted pallets, and theyre updated frequently. National Wooden Pallet Container and Association, 5. View Inventory. According to Pallet Profile Weekly, new pallet prices may range anywhere from $11.25 to $25. The global pandemic has created a perfect storm of conditions that has led to a shortage of wooden pallets. You can plan your work around your schedule and your clients schedules. If you have pallets for sale, please call us at 580-276-9800 or click here to contact us Recycled or Used 48x40 4-way Pallets As well, odd sizes and/or scrap pallets can also be removed. You can add your listings for free or browse listings in your area to find local buyers. These brokers are in business for themselves to also make a profit on pallets, so its kind of like using a middleman if you cant find another avenue. Air conditioners and other large appliances can be recycled at most scrap yards. You might be wondering why companies would want to buy pallets from some guy (or girl) off the street. Once you have your equipment and tools, keep them in good shape by using them effectively and carefully storing them. How much you make selling recycled wood pallets depends on how much time you can devote to your business and the need for them in your area. If you continue to use this site we will assume that you are happy with it. Furniture is an excellent choice for pallets, especially if you have several to share. As a result, stores can be a good place to get free wood pallets. And the good news is that reselling pallets runs on a cash basis. 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. For instance, lets say you find two great clients willing to pay you $2 for each pallet in good shape. Also, I know of two local businesses in our small town alone that give away wood pallets. Add a few nails if needed. The square pallet (1100mm x 1100mm) and the rectangular pallet (1200mm x 1000mm) are the two most common pallet sizes in Asia, and ISO approves both. At full truckload volumes, a pallet company might pay a small price for them but most likely they will pick up for free or a small disposal fee. Its possible that factories near you have a shortage or will be willing to pay your better rates for pallets than what theyre paying for suppliers. The most common used pallet are the 48x40 Standard Pallet, they are exceptions to this of course, but if you need something very niche, dont bank on it that there will be a cheaper used version, you may need to get it custom made. The costs to start recycling wood pallets can vary. Mainly price, used pallet can offer a cheaper delivered price compared to their counterparts repaired pallet. Some businesses, especially those with bulk quantities occupying space in their warehouse, may even be glad to pay you to recycle the wood pallets. Also, a simple search of local pallet delivery companies + your zip code on Google will show results near you. People often will pay more for handmade furniture than they would for something from a store because its unique; no one else will have a piece just like the one you made. Also, you get to choose the clients with whom you work. 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. You can also search on Craigslist and buying/selling Facebook groups for used pallets. The price youll get per pallet depends on these factors: If you deliver quality pallets, you may be able to get yourself a few clients who are willing to pay a decent price for them. Repaired pallets are given grades usually A and B, sometimes referred to with corresponding numbers 00,01. Join Opinion Outpost, one of the few faithful and honest survey panels and earn cash and gift cards for your opinion. Note: When you earn money recycling wood pallets or any other on your own job, know that youre considered self-employed. What do you think of this interesting business opportunity? Why not go ahead and try this side hustle and see how it turns out for you? Its important to keep your storage area as dry as possible to prevent moisture from molding and warping the wood. Used pallets are often still as functional and reliable as their new counterparts, in many cases they can be used repeatedly, this makes them a cost effective solution for storing and distributing products. This will help ensure that you dont keep running out because youll have a steady supply to go around. What are some advantages of purchasing an used pallet? Join our newsletter and get our FREE Starter Budget! If people dont know about you and what you do, then your business wont get very far, right? Pinecone Research, a leading name in online survey panel honesty, absolutely guarantees $3 cash for every survey you complete! Since the pallets used in the transportation of food need to be in prime condition, new pallets are the wise choice. Unlike repaired or remanufactured pallets, as is used pallets are available in both block and stringer types. Thats what makes this business one of the best to start because it wont cost you much to begin with. All of those options however, will cost you less than buying new pallets. Wood Pallet Pricing For a new, modified, 48-by-40-inch GMA pallet, recent pricing has been in the $11.25-$12.50 range, depending upon the region of the country, according to Pallet Profile Weekly. 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. If each one asks you to deliver 150 pallets per week, it means that you can get paid $600 per week. With its focus on sustainability, Prime uses environmentally friendly methods that utilize every bit of wood received. Of course, as your business expands, youll probably want to set yourself up with a large truck or trailer to haul more pallets at once. 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. Its a good business venture because its relatively inexpensive to get started flipping wood pallets and theres large demand. Companies could have saved millions by reusing or repairing the pallets instead of discarding them. 4. Sometimes the companies repair and reuse the pallets. Before you find a market for your recycled wood pallets elsewhere, check with your local manufacturing companies to see whether they need some.