However, if ordering in bulk or purchasing common models, you can estimate purchasing new plastic pallets at extremely reasonable rates. Search for something like [your town/county/state] wood pallet broker to find places near you. Some pallets may need to be repaired whereas some are perfectly fine. The good thing about Kamps Pallets is that it will even buy broken or damaged pallets. You can easily injure yourself by transporting wooden pallets if you try handling them with your bare hands. Copyright PalletOne. What is the price of a pallet? The IRS does a good job explaining federal business taxes, but youll need to visit your state and localitys websites to learn more about their tax requirements. Here are some of the pallet manufacturers that provide pickup services for pallets in unusable condition. Some other start-up items that youll need to buy include a set of rugged gloves and tools. Thats what makes this business one of the best to start because it wont cost you much to begin with. For pricing on selective rack, it comes downs to style. For instance, lets say you find two great clients willing to pay you $2 for each pallet in good shape. You might encourage your current customers to tell others about you by offering them a discount on their next pallet purchase. How much does a standard pallet cost? If your pallets need to meet any of those requirements, used pallets will not work for you. In case you only need a few pallets, Facebook marketplace or Craigslist may be your best option. This may take some time, but when you get into the swing of things and establish a good relationship with a few wood pallet recycling companies, you will be able to predict how much you can make per haul. As well, odd sizes and/or scrap pallets can also be removed. Below is a chart of other popular skids First, the ongoing labor challenges in the supply chain have made it difficult to find workers to produce new pallets. Many businesses pay to have their wooden pallets hauled to a recycling center, so you could be saving them some money! Based on the ways these pallets were recovered, there is an opportunity to reuse broken pallets and by recycling the pallets that are thrown away. As a result, its generally best to stick to standard sizes when selling pallets. Repaired pallets are given grades usually A and B, sometimes referred to with corresponding numbers 00,01. Because construction sites can be messy and chaotic, pallets help to keep things organized. You can also search on Craigslist and buying/selling Facebook groups for used pallets. 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. Wooden pallets are perfect for creating a vertical garden when you stand them up on their end. Or places where you can pick up pallets for free. Technical and vocational schools are perfect, especially if they have woodworking or furniture programs. The main things youll need to get started are a truck and a trailer. Of course, the start-up costs will be cheaper if you already own these things. Others may be barely functional, with broken deck boards, stringers or water damage from being left out in the elements. 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. Stack your points and redeem them: Simple! You know those wood pallets you find at work or you see near dumpsters of local businesses or homes? They might have a need for pallets for certain technical courses. Learn how to do it and how much you can make. 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. pallet size will (usually) have the most impact on the value of your load when selling pallets. Used pallets are available in a remarkable wide variety of sizes to meet specific needs. We buy used 48" x 40" 4-way pallets, GMA pallets, EU pallets, and other common pallet sizes in a variety of grades. A wooden pallet typically has a higher value than plastic pallets, and the value of them can vary depending on the quality of the materials used and the location of the seller. While smaller pallets may be easier to handle, they are often less valuable because they cant be used universally. Whatever the reason, theres absolutely a market for buying used wooden pallets, and you can get your share of the pie. Several factors come to play when determining how much you can sell a pallet for. Pallet prices range anywhere from 50 cents each up to $4 each. However, the money you make may be worth it. 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. No matter what way you choose, youll need to pay taxes on your business income. Repaired pallets can come in all sizes but perhaps the most common are GMA. New wooden pallets typically cost between $19 and $24, while used or reclaimed wooden pallets tend to cost between $10 and $18. You will pay more for those that look like new, but it will still cost considerably less than purchasing new pallets. Can you Recycle Plastic Pallets for Money? , Advantages of Remanufactured Wood Pallets , Disadvantages of Remanufactured Wood Pallets . Top among them is the size, condition, and the number of wood pallets you have. If you're looking to sell your repaired (or repair-able) pallets, we offer a fair market price. Inside pharmaceutical facilities all pallets must be made of a plastic that can withstand both heat and chemical sanitation. Stop by and see if they have wood pallets you can take off their hands. In my local area, there were several listings for free wood pallets on Craigslist. Saving 20% is a good number to start with. Every year in the U.S., 1.9 billion wood pallets are used by transporting products all over. Join Opinion Outpost, one of the few faithful and honest survey panels and earn cash and gift cards for your opinion. Instead of complaining or adding to the problem, you can turn it into an income-generating opportunity by finding a better way to deal with used pallets. Here are some options for finding places to sell your wood pallets. With so many industries requiring them, there are almost 500 different kinds of pallets. In 2011, 474 million pallets were recovered compared to 1992, when only 51 million pallets were recovered. First, you can plan your trips so that youre hitting businesses near one another on the same day. Avid Pallet provides several pallet services, from recycling to heat treating and more. They have locations in 48 states, and you can always request a bulk pickup online. Recycle.net has wooden pallet recycling listings to match buyers and sellers interested in wooden pallets. For years, companies have been throwing away a considerable number of pallets in landfills, and the number is on the rise. If you can find many pallets in good condition, you can be sure to get a higher rate and increase your total earnings. They can be found in various grades, or quality levels, but most are as functional as new wood pallets, just perhaps not as nice to look at. Thats your job as the seller and it can definitely help your profit. So there will be thousands of pallets that you can recycle and sell for cash. It usually focuses on large warehouses and factories, but it may be worth a call to see if your pallets are worthy. Your pallets size is the second factor that will determine how much a pallet buyer will pay you. North American Pallet Recycling Network is another pallet broker with a recycling network throughout the US, including Alaska and Hawaii. According to Pallet Profile Weekly, new pallet prices may range anywhere from $11.25 to $25. You can only post up to 5 listings per month, so its best to create bulk listings rather than sell small stacks at a time on Recycle.net. Looking for a place to sell wooden pallets. Just talk to the owner or the manager to pitch your idea of removing them for free. Often, used pallets come broken with missing wood planks or nails. In 1992, only 51 million wood pallets were recovered. There are several pallet brokers all over the United States that are willing to take your pallets off your hands usually in bulk for a fair and competitive price. Top 6 Sites That Pay Cash for Recycling Cardboard Boxes! Get a clear picture of your finances and achieve your goals! They are also commonly used to store tools and equipment. 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. National Wooden Pallet Container and Association, Local Pallet Companies or Furniture/Woodworking Schools, What local recycling companies are willing to pay. States also have their own laws about forming businesses, naming your business, etc. Recycled pallet is a word that is sometimes used, it often means a used pallet. However, you shouldnt be discouraged if you come across pallets in bad shape, because you can still make money from them despite their condition. 41 Stores Like Ross Dress for Less (Some Even Better! Gruber Pallets will accept most pallets that arent damaged upon repair, so they can repair them for resale. 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. The only problem with brokers is that you may not have any near you. Out of these, 55% were used to make colored and uncolored mulch, 10% to make animal bedding, 30% were used for manufacturing waste for. Disadvantages of Repaired Wood Pallets , Remanufactured used pallets are those that have been completely broken down and rebuilt using parts salvaged from other damaged pallets. Cost of fuel to transport stuff by pallet is reason they have gone too cardboard or plastic foam strips between items. National Wooden Pallet Container and Association, 5. Almost everything in a warehouse needs to be bound to a pallet, this act is called palletizing, but not always a new pallet. You can expect to have more freedom and more cash flow than most 9-to-5 jobs where you have to work under others authority and still wait to get paid! You can also ask other local businesses that you think may use wood pallets to see if you can take them off their hands. Explain that youre a seller of recycled wood pallets. The 48 x 40 standard size is the most common pallet in CA. Earn $900 a Week Recycling Old Tires for Cash! Second, if your truck has a topper or sides installed on it, or if your trailer has high sides on it, youll increase the number of pallets you can haul. But what can you recycle? Woodworking or furniture schools will require wood pallets for teaching and learning purposes. As long as its in decent condition, you should be able to find a seller for any size pallet. Selling used pallets is definitely a valid business choice. 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. Its because standard pallets can be easily transported and stored and are compatible with a wide range of pallet racks and other storage systems. There is no difference between a used pallet and a recycled pallet. Also, a simple search of local pallet delivery companies + your zip code on Google will show results near you. According to Pallet Profile Weekly, new pallet prices may range anywhere from $11.25 to $25. Give us a call! Craiglist.org -Many people place ads here to have their pallets collected for free. One great thing about recycling wood pallets is that you choose the hours you work. Industry standard sizes, such as the 4840 pallet used in grocery stores or the 4845 pallet used in automotive manufacturing, are always in high demand. For that reason, we suggest putting aside some of your side hustle income in a separate savings account. You cant just pick up wood pallets and walk to a recycler, so you are going to need a vehicle for transport. It is a marketplace that matches generators to recyclers to promote the recycling of pallets. Not many people advertise their free pallets, but some do. 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. They work to make sure that wood pallets avoid a lifetime in the landfill. It is our goal to provide customers with their exact pallet needs at the most competitive prices . If you navigate to the Buy & Sell section, you will find ads from people willing to sell or buy pallets. There paying 11 dollars a pallet 4 way 48/40 over here in LA. Youll get several pieces that you can sell in small and large bundles to meet the needs of your customers. Did you know that PalletOne buys used wood pallets for recycling, from corporations, local businesses, and the general public? This is something youll need to keep in mind as you expand and house more pallets. Once you get into the groove of buying pallets and where to find them, youll learn if this business venture is the right one for you. I doubt any market. 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. The biggest expense for a while will be your gas getting back and forth to the places at which you pick up pallets to sell, and later for delivering pallets. From there, you can search the available listings. As you can see, it is possible to recycle wood pallets for money without making a huge upfront investment. This will help ensure that you dont keep running out because youll have a steady supply to go around. "Material is secondary to design. Some companies simply discard these pallets. Dont forget to read our article on the best other sites like Craigslist for free stuff. Used pallets are not equipped for every situation. Craigslist is popular and gets a lot of traffic in many locations, so you can likely find a buyer for your used pallets. This leaves used pallets in circulation all over. Heat treated (HT) pallets can usually be $1.00 more for each pallet. How much does a blue pallet weigh? This company is best to use when you have a lot of pallets to load up, as it sends a truck to you. But do you know that you can recycle wood pallets for money? There seem to be a lot of listings for most areas for wanted pallets, and theyre updated frequently. Used pallets are perfect for strapping down Gaylord Boxes or storing inventory. You have the power of using both the internet and local resources to market yourself, so it shouldnt be too difficult to get a solid customer base and continue to build it. That means companies lost big money by throwing them away! A heavier-duty block-style pallet such as those used by pallet pools would be $25 or more. 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. Used pallets are widely available and come in all varieties. 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. One of the most important parts of running a business is knowing how to grow that business through marketing. Stack your points and redeem them: Simple! 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. If you are unable to find a used pallet that fits your needs, you can always have them custom fit at a local yard. With its focus on sustainability, Prime uses environmentally friendly methods that utilize every bit of wood received. Its a great way to start a recycling business with less risk. According to Pallet Profile Weekly, new pallet prices may range anywhere from $11.25 to $25. On average, pallets, cost $120.00 depending on the type of pallet. When these wooden pallets get diverted from our landfills they get reused and recycled until they are no longer able to meet quality pallet requirements set by industry standards in which case they are converted to pallet mulch, animal bedding, or biofuel. Sometimes, you may come across some broken pallets that you may need to repair before you can resell them. Since you now have a legitimate business set up, youll need to make sure youre doing your part to keep up with inventory. Whereas, No. Many people sell used pallets because they're usually easy to get their hands on and don't require much effort to sell. 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. Pallet costs range from $4.00 to $200.00 for most pallets. This number grew to 474 million pallets by 2011. After all, if you bought a stack of pallets from someone, you probably wouldnt want to have to fix them all too, right? If you live in a rural area, it may be a little more difficult. It is wise to shop around and find a few clients who are willing to pay a higher rate per pallet so that you can make a decent amount from your hustle allowing for price negotiation. Many pallets can only be used once due to the regulations placed upon those industries. The standard sizes of re-manufactured pallets are 4840 (this is the most common size), 4242, 4848, 3648, 4040, 3636, 4836, 4248, 4048. To start with, there isnt much youll need besides a car, truck, or trailer with which to load some pallets, heavy-duty gloves, and some tools to fix your pallets. 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. These pallets must be: Repaired pallets that meet these standards can be sold as GMA repaired pallets. While you cant wait to get started selling pallets, there might be some startup costs involved that are important to consider to ensure your business runs smoothly. 9 Best Places to Recycle Old Car Batteries for Cash. How much can I get for used pallets? Check local technical college listings for woodworking or furniture making schools. A used pallet can cost anywhere from 6-12 depending on where the coming from and the condition their in. A heavy-duty block-style pallet, like those used to make pallet pools, pricing would be $25.00 or more. Other times they might resell the pallets. by Arna Bee December 1, 2019. Selling used wooden pallets can become a business venture more than just side income if you dedicate yourself to the process. These schools may have the budget for some pallets to use for students, although the budget is probably much lower than other local businesses. Can be found in both stringer and block types, Made of hardwood or softwood or any combination of them, Weigh between 35 and 45 pounds before being loaded, They are guaranteed to meet the standards of their grade level, Probable delay between ordering and delivery, Can be purchased in lots of uniform quality, May be a long delay between ordering and delivery, 48 x 40 This is the GMA Standard and it is used by many industries, including retail and grocery, 40 x 40 used largely by the dairy industry, 36 x 36 used by the beverage industry and any industry that transports full drums, 48 x 20 used in construction where the rectangular shape works well for transporting shingles, also commonly used to transport beverages and packaged paper, 48 x 36 used mostly by the beverage and chemical industries, 48 x 45 used largely by the automotive industry, 40 x 48 used by the military and the cement industry, 35 x 45.5 used almost solely by the military, 44 x 44 used to transport drums, mostly by the chemical industry, 48 x 48 used by any industry that transports drums, 42 x 42 used mostly by the telecom and paint industries. 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. Another thing you need to keep in mind is your numbers. As long as care is taken to find those in better shape, they can be a good option for those who are in need of relatively inexpensive pallets that will stand up to the rigors of loading and shipping goods and who arent concerned with appearances. Mainly price, used pallet can offer a cheaper delivered price compared to their counterparts repaired pallet. This service helps to understand your companys pallet inventory life cycle, ensuring every pallet is being used and reused optimally. This business can also thrive from low-cost ads placed in the newspaper or free ads posts on Facebook Marketplace or Craigslist. Once you have your equipment and tools, keep them in good shape by using them effectively and carefully storing them. 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. Some businesses, especially those with bulk quantities occupying space in their warehouse, may even be glad to pay you to recycle the wood pallets. Since the pallets used in the transportation of food need to be in prime condition, new pallets are the wise choice. GMA stands for The Grocery Manufacturers Association and GMA wood pallets are those that meet their somewhat rigorous standards. Consider investing in basic tools that will create better products to sell. After you get through a year or two of side hustling, you can adjust your tax payment savings accordingly. We buy used 48 x 40 4-way pallets, GMA pallets, EU pallets, and other common pallet sizes in a variety of grades. How profitable is a pallet business? If you have access to a lot of wood pallets, this could be a viable side hustle for you. That means learning everything you can about the business side of things to bring in more customers and help them trust you. Hybrid pallets made of new and recycled material provide a best of both worlds option. The third factor in determining the pallet price is the size of the pallet. Freecycle.org -They have a section on their website for selling and buying pallets. The industry has grown substantially over the past 20 years. Breaking apart pallets for firewood is a fairly straightforward and quick process that doesnt require tons of effort. Some stores may charge a small fee to buy pallets, while others may give them away for free. The best approach is to visit local retail stores and their offices or call to see if they would be interested in pallets to buy. View Inventory. If so, this might be a good avenue for selling your recycled wood pallets. You will get your money immediately when you deliver them at your clients specified location. Note: When you earn money recycling wood pallets or any other on your own job, know that youre considered self-employed. In addition, export pallets, which are specially designed for shipping heavy loads, can cost anywhere from $10 to $28. 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. If you cant find a buyer locally, it may be pointless to buy the pallets in the first place. Theres always a chance that small businesses might have a need for your pallets, but youre probably better off going with large factories instead. Making furniture with pallets will take more time than, say, a decorative wall hanging, but you can also charge a lot for custom furniture. Furthermore, pallets can be sold to various customers, such as businesses or individuals. Pallets play a key role in businesses when it comes to transportation and storage of most products. You can try negotiating a fair deal from pallet owners who dispose of them at a price if you schedule regular pickups. The price you'll get for your pallets depends on a few factors. Cell phones can be recycled at many electronics stores. 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. Repaired wood pallets can be a very cost effective, and environmentally friendly, way to get the pallets you need. They are often used in shipping and warehousing because they can easily be moved around and stacked. Pallet Wood by Robyn. There are so many things you can use pallets for to create something new to sell. If youre only going to ship pallets one way, used pallets might be your best option. First, start out with local businesses and factories that you think might be interested in your pallets. Use a dehumidifier if needed. Ithas a directory of companieson its website that will buy and sell wooden pallets. The costs to start recycling wood pallets can vary. Unfortunately, pallets are susceptible to mold growth when theyre sitting in a warehouse unused. We won't send you spam. 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). Second, the lack of available trucks and shipping containers has limited the ability to move pallets around the world. Blue pallets are made from high-quality lumber and are very strong and durable. 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.