Nowadays, everyone speaks about protecting the environment and the importance of recycling. Yet, few people do that. In fact, there are numerous things that we could recycle if we only have the time and are willing to exert some extra effort.
At the same time, you could also make some money from your recycling projects.
These days, wooden pallets are one of the things that can be recycled and sold for cash. You would definitely have seen some of these simple crates-like structures lying behind supermarkets, scrapyards, the premises of shipping companies, and other such places.
Basically, wooden pallets are very useful for shipping things because they hold your cargo in place. Therefore, if you know where to get a lot of wooden pallets, it is possible to launch your own side gig and help the environment while making some money.
The first question that would come to your mind is where to find pallets, how much wood pallets cost, and where to sell wood pallets. In this article, I will explain everything. Therefore, continue reading.
However, I will warn you that before you try to make money by selling wood pallets, this business isn’t easy or simple. Therefore, I will start with the necessities to start making money selling wood pallets.
Basic Needs to Earn Money Selling Pallets
To make money selling wooden pallets in 2023, you would require certain things.
- Large storage area or warehouse or your garage
- A heavy vehicle such as truck
- A list of places to get wooden pallets
- A list of places to sell wooden pallets
- A couple of workers to lift and manage wooden pallets.
These are necessary because wooden pallets are very large in size. To really make some money, you will require dozens of these wooden pallets.
They have to be stored in a safe and dry place to ensure there’s no damage due to moisture or weather, rodents and termites. This means your storage area has to be superb.
Getting Wooden Pallets
There’re several places to get wooden pallets. Normally, a store or transport company might give you a single wooden pallet free if they know you or they don’t need it. Others usually collect these wooden pallets and sell them in bulk to scrap dealers and recyclers.
Here’re some of the places where you could look for wooden pallets.
- Stores and supermarkets
- Freight forwarding companies
- Trucking companies
- Car dealerships
- United States Postal Service
- Warehouses of companies
These places are the best ones to look for wooden pallets. Since nobody will give them free, the best thing to do is offer to buy them for a small price. Handling and storing wooden pallets is equally important since that decides the price.
Best Places For Selling Wood Pallets For Making Money
If you want to know who buys wooden pallets near me or where to sell pallets near me? Here is my listing of the best places for selling wooden pallets. The best way to sell them is to write to these places or contact them personally over the phone.
Tell them you supply wooden pallets.
1. National Wooden Pallet and Container Association
The NWPCA is an organization that has members across the USA. They buy and sell wooden pallets. Usually, they buy pallets, repair them and sell them to companies that need them. This is the best place to sell pallets.
2. Gruber Pallets
Gruber Pallets is a wooden pallets manufacturer and also a buyer. They, too, buy, repair and sell wooden pallets. However, they need wooden pallets of a specific size only. Contact them through their website. Gruber Pallets buys in bulk only.
As the name suggests, RecycleNet is a company that buys and recycles wooden pallets. They also buy only in bulk. They buy your wooden pallets, repair and sell them, or they simply send the wood for recycling.
4. Kamps Pallets
Kamps Pallets operates in Midwest USA, and they have brokers across these states. You will have to contact Kamps Pallets through their website. In return, they will ask you to contact a pallet broker in your area to sell your wooden pallets.
5. Pallet One
Pallet One is a manufacturer, buyer, seller, and recycler of wooden pallets. They buy wooden pallets that are in good condition only. However, they require you to sell in bulk quantities, either one-off or regularly. Contact them on their website for further details.
These are a few well-known places in the USA to sell your wooden pallets. However, as I mention, they will buy only if you can offer them large quantities of pallets.
Price of Wooden Pallets
So, How much money can be made by using wooden pallets? Not much, really. It depends on how many wooden pallets you can supply. The prices of each wooden pallet are also decided by their size and overall condition.
According to various websites that I mentioned above, a wooden pallet in superb and reusable condition would sell for anything between $2 and $5. The wood's quality, the pallet's size, and the weight are the three key factors that affect how much money you make.
This means you can earn $500 if you sell 100 large pallets in good condition. However, if you calculate the costs of transportation and manpower, you would have lesser money on your hands. Now also deduct the cost of these pallets that you would have to pay to the stores and supermarkets.
If you get damaged or spoiled pallets, your earnings can drop because they fetch a much smaller price in the recycling market.
Whether the money and the business are worth it or not depends on your choice. This can prove to be a good business depending on how many pallets you are able to collect and sell.
In my opinion, it is not easy to make money selling wood pallets unless you have the necessary things available, such as manpower, transport, a warehouse, an adequate supply of wooden pallets, and other related stuff.
Also, the prices of wooden pallets go up and down regularly due to demand and supply in the entire logistics chain.
Is the pallet flipping business profitable?
Yes, a pallet flipping business can be profitable. It requires some initial investment in the form of purchasing pallets and supplies, but with careful cost management and efficient operations, it can be a lucrative venture. Researching the market for items that are in demand is key to success in this business. Additionally, establishing good relationships with suppliers and customers will help ensure a steady stream of orders and profits.