Will know later this week but it looks like I just picked up a deal for a couple hundred computers to scrap.
We split the profits and he gets the steel. Nice thing about this is that I give no money up front.
Opinions?
Will know later this week but it looks like I just picked up a deal for a couple hundred computers to scrap.
We split the profits and he gets the steel. Nice thing about this is that I give no money up front.
Opinions?
Metal Recycling Entrepreneur
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sounds great to me. where do I sign up for a deal like that?
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He gets the steel? I would want to split that too. Could be a couple tons of steel...that or he only gets the steel.
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thats about $200 worth of steel
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Great deal go for it no money out of pocket
Sledgehammer Enthusiast
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Here's hoping for all Al cases hehe
gonna have to bang it out for good $ per hour would be my only concern. but definitely do able
good deal nice to hear your staying busy
There ain't nothing wrong with an honest days work. Anyone who says otherwise is a fool.- Old Man
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Hopefully you get some good resale boards / ram / cpus to keep for yourself, if he gets the all of the steel then you get all of the gravy. Fair is fair. Plus your the one putting in all of the labor and that is not fair.
I buy and sell all types of scrap and escrap. I buy specialty and hard to sell escrap. I buy resale items. PM me or contact me at jghilino@hotmail.com
I AM ACTIVELY BUYING ESCRAP OF ALL TYPES. BOARDS, RAM, CPUS AND MUCH MORE
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splitting the profits and giving the owner the steel, may actually be a better deal that buying them outright at 3-4 each. At the very least, you know you can't over pay, or loose money on a stripped tower. Make sure fuel is deducted before declaring the profit
That is my thoughts. Anyways, no good place nearby to sell the metal. Have to drive 50+ miles round trip just to get 6 cents per lbs for it. That eats most of profit for metal. Add in the extra time and just not worth calling in small amounts of metal.Originally Posted by MattInTheHat
This also looks like it is going to be an ongoing thing. Whenever he gets 25 or so he will give me a call.
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So for what is about a half a weeks work (20 hours) getting paid approximately 400-1000 dollars isn't a fair deal? The reason a lot of the people on here are not bigger is the #1 problem of cash flow. If someone has the material and is willing to give that much just for labor I think that's incredibly generous. He could just pay someone a dollar a computer and keep the rest. I would hope if there is useable material you would listen to some of the more ethically minded people on the forum and split that also. Congrats on a wonderful opportunity.
Metal Recycling Entrepreneur
urban you hit the nail on the head. Stuff you do well on go back and pay your guy a few extra bucks. Anytime. Unless you are dieing profit wise. I retained a lot of my customer base by doing that. You never know when tough times are on the way and having treated people right is always a blessing. Karma. Im not perfect. Just trying.
Aaron.
Nice score. If your super buys buy them and flip same day by selling them by the pound to a good buyer, take memory and see what chips are there. You dont want to be scrapping good memory if its reusable.
Aaron.
Right now ewaste is slow. It is doing this or tearing down printers. Even with paying for the computers, still better profit than printers.
I am going to keep track of my time and see how it goes. Should be interesting to see how much per hour after all is done.
I have a new person helping me do the printers. He gets 75% of the profit of the printers, VCRs, etc that does. That is helping me a lot since I have about 7 Gaylord's of them. He doesn't even want the money but I am making him take it. He is just bored.
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Ok, I'll play devils advocate. A: with the steel; are you having to haul it after tear down either to the scrap yard or back to the sellers place? If so, you loose 8-12% just on the loss of steel, additionally you're waisting time/fuel back hauling, if that's the case you might want to add in opportunity cost factor in another 8-12%. B: You're splitting the guts with the seller 50/50; while you are providing the tear down time/labor.
So of the saleable goods, per unit your gross should be $10 per unit on average. You pay out $5 you net $5 of the gross I would factor in 16-24% for the steel/handling that you're technically back paying the seller. Say 2$ per unit for simplicity sake which is an average of an additional %20 per unit. You are netting %30 in that scenario. Which is about $3 profit per unit. Additionally I would factor in travel time, fuel, loading, unloading in addition to your breakdown time.
200 units x 3$ per = $600 - your additional factored in costs(say 20%) I'd guess around $480 for 22 hours tear down+ travel time + unloading/reloading. Your hourly wage ($20)will be decent; however imagine what it would be if you could do a free removal. Remember you are providing services its not the other way around. I personally would just pay per unit; at least your paying for material and it is yours win or loose to do with and how you want. He essentially just made you an employee, he does and can have say over what you do on his terms, perhaps he doesn't like his cut and determines you're not playing fair. Now you have time restrictions and so forth... I just don't like the idea of splitting a deal like that. You essentially just took on a partner that is making you do all the work.
https://www.facebook.com/pages/Junk-...25918997574928
www.JUNKBUTLERLLC.COM
CHICAGO, IL 855-CALLJUNK
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Still a great deal anyway you look at it I would take it all day.
After reading people's opinions, the one thing I will change is I will get them in one trip. One trip to get them and one trip to pay and give the metal back.
I will factor in my mileage
Still think the 50/50 is fair. I know he's paid $1 for each one so don't think he would go any more. Also I don't have to give any money up front so no worrying about prices.
I do have a lot of time built up at my work so I will take a paid week off. Should be able to tear the scrap one's down easy enough in a week. He also has a partial pallet of just boards so that also helps.
I did 200 dell clamshell towers recently and you can get real tired of doing the exact same 2-3 models X 200. The good news is you learn all the right moves quickly. Play loud music it helps.
Personally I really prefer to buy outright and then I can do as I like. But if its the only deal you can do then that's what you do.
I had all 200 towers plus a 300-400 lbs of insulated wire in my Ford E250 van, its a 3/4 ton, and was waaaay overloaded but a short drive. Mike
"Profit begins when you buy NOT when you sell." {quote passed down to me from a wise man}
Now go beat the copper out of something, Miked
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