One time a guy asked me if I would rip down his basketball hoop. He was an old landscaping client of mine. I told him that I couldn't drive half an hour in my truck, chain up his hoop, rip it down, and then scrap it and expect to make any money. In fact, I would lose money. So, I told him I would do it for $150 and he said, "OK, but for that price I also want you to take an old wheel barrow, soccer goal, and some other stuff I have out back." He's a rare one, though... very, very well off. (I also don't think he realized that had he offered the soccer goal and old wheel barrow I may have done it for free, or much much less.)
That's my thing with the whole scrap metal gig... I have never been able to make it work by itself (until the past job I found where I started ripping out an old metal dump, but that is a unique situation). I have found that (for me) I can make the business work when I am already on my client's property. Then, the metal I find is just like a tip. The other day I found two gigantic steel handrails and about 20ft of 1.5in copper pipe under some leaves. I was already getting paid to remove everything from the back yard, so the scrap was an added bonus to the whole process. Here's my main issue with the "free junk removal" ads: I don't understand how it is worth it to drive somewhere to pick up a washing machine. Perhaps if my truck got better mileage, but even so, if it takes two gallons to get the machine, doesn't that eat up most of the profit?
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