Are you looking for ways to make extra money or would you like to find a side hustle that can develop into a full-fledged business? Selling used wooden pallets might be for you.
Wood pallets are used worldwide and countrywide. Companies are using these to help carry goods from one place to another.
Some firms simply discard those pallets. They leave them to someone who is willing to pick them up outside of their business. Then people like you and me gather them and transport them to another resale location.
What Are Wooden Pallets?
Wooden pallets are used for transporting products by manufacturing companies. Large quantities of the product are placed on these pallets and then transported by forklift to other areas of the warehouse or loaded onto trucks to be delivered to another place.
Because the products’ weight can be so heavy, a lot of these pallets break under pressure. Unqualified use of forklifts can also damage pallets, making them unfit to repeated use by companies.
When that happens, these pallets are likely to accumulate in the warehouse of a business or outside its doors until they get bust and thrown away. This can be a lengthy and costly process for businesses, as their employees have to take time from important work in order to discard these pallets.
Additionally, what most businesses don’t know is that it can cost them thousands in potential earnings. Companies like Tri County Pallet & Mulch buy and recycle used pallets—meaning that this could be a goldmine for people with an entrepreneurial spirit.
Because these businesses are recycling these old pallets, it is also good for the environment-making it a popular choice for some businesses.
However, the truth is that many enterprises have yet to buy into these effective services. They are instead left to deal with unnecessary pallets littering their warehouses and walkways.
How Much Do They Pay for the Pallets?
The price you will get for the pallets depends on a couple of factors. If the pallets are in good condition, then you can sell them for more. Prices for pallets range from 50 cents each to $4 each, anywhere.
The price you’ll get per pallet depends on these factors:
What area you live in
How many recyclers are in the area
What local recycling companies are willing to pay
If you deliver quality pallets, you can get a few customers who are willing to pay a decent price for them. You can earn some worthwhile side hustle money by finding the right clients.
Let us say you can get 2 customers willing to pay $2 per pallet, for example. If every customer buys 100 pallets a week, you can make $400 a week from pallet sales.
Companies in need of pallets for shipping will be eager to save money by purchasing recycled pallets. If you can help them cut their costs in half, you’ll be saving them a lot of money.
Remember the companies you serve are going to want to know that you can meet their needs. They want you to be able to meet their daily or weekly demand for pallets, and provide good service.
If you are committed to doing both of these things, businesses might want your business regularly.
The website recycle.net has a section specifically designed for people who buy and sell wooden pallets. This site could be a great place to find buyers for your pallets. Or places where the pallets can be picked for free.
Local Pallet Furniture/Woodworking Schools
These two options may also be viable places to sell the pallets you are collecting. Check listings for woodworking or furniture making schools at the local technical college.
Alternatively, check the yellow pages of your local phone book for nearby pallet companies that might want to buy your recycled pallets.