Page 1 of 2 12 LastLast
Results 1 to 20 of 22
  1. #1
    Scrapcrazy started this thread.
    Scrapcrazy's Avatar
    SMF Badges of Honor



    Member since
    Jul 2012
    Location
    Oklahoma
    Posts
    321
    Thanks
    153
    Thanked 321 Times in 125 Posts

    Contract awarded. My first E Waste collection event.

    Well, I've bid three and actually won one. My first E Waste collection event. A fairly large college town with over 300,000 residents in the state of Texas. The City pays for it. My pricing for the event is as follows.

    TV's and CRT monitors- $15 and $30. Limited to 2 per household unless they choose to pay the fees.
    Computers and household electronics. Free
    Printers, scanners, key boards, mice, remote controls, radios, etc - $0.18/lb
    Lead acid batteries- free
    NiCd, lithium and NiMh- $2.25/lb
    No appliances or yard machinery.
    Transportation $1550 per trailer x 4.



    This event will beheld in October in conjunction with a household hazardous waste collection event. They do it every year and the last event had a total of 1789 cars come through. Not all had e waste but they did ship out a total of 4 53 foot semi trailers. Total weight shipped 56,000 lbs of electronics. I have already made arrangements with a nation wide company who is R2 and e-steward certified to take all the CRT tubes and tv's for $5 less than
    what I'm billing. They will also take the printers scanners, keyboards, etc for $0.13/lb. They will also provide me with 4 laborers, and $1200 for transportation of 2 trailers.
    Majority of the loads will be tv's and monitors. Of the 56,000 lbs they moved last year 28,430 was tv's and
    monitors. 6788 lbs of lead acid batteries. 11,340 of the misc. 14,865 lbs of electronics. They manifested 17 pallets alone of towers.
    Costs I will needs to cover.
    Forklift rental, drop off and delivery. $475
    150 pallets $4ea $600
    Gaylord boxes estimated $400
    Labor 6 guys from temp service $16/hr for 7 hrs. $1440
    Transportation rental, mileage and fuel for 2 semi's and temp driver costs. $1980.
    3 laborers for 24 hrs to break down computers and various electronics post event $864
    Performance bond $1120

    Sounds steep but most of these costs will be paid for alone by the $5 I make per CRT tube and since my subcontractor is covering the cost for the other two semi trucks and trailers I will have additional funds from my
    transportation charges that should put me in the positive. Based off my estimates today's current prices and
    volumes from the prior collection event I stand to make 2 times my monthly salary for a few days of planning,
    7 hours of labor, and few more hours to cover misc. Now if I worked at Walmart 2 times my monthly salary wouldn't be that impressive but fortunately I have a descent day job. This event should pay for my 40x60 shop I'm in the process of building now. This event will also open doors to others if I'm able to pull it off. I'm also afraid if it is done as planned my day job may eventually change. My wife thinks I'm in way over my head. Less than a year ago I was breaking down computers in the garage, now I'm building a large shop to hold my inventory, insured for over a million bucks, contracts with large hospitals and a university now this.. And to think I still get excited when I find a pentium pro.
    Thanks guys for all your help and guidance. Reading all the past and current posts have given my so much information. Plus the large amount of encouragement. I can't wait For October.
    Sweat is the cologne of success!

  2. The Following 9 Users say Thank You for This Post by Scrapcrazy:



  3. #2
    Ecycle Atlanta's Avatar
    SMF Badges of Honor

    Member since
    Apr 2011
    Location
    Outside Atlanta
    Posts
    734
    Thanks
    291
    Thanked 692 Times in 326 Posts
    I wanna be you Congrats on your hard work paying off! I'm in the process of getting all my logos, business cards, etc. put together before i start a marketing campaign. Maybe in a year i'll make a similar post!

  4. The Following 2 Users say Thank You for This Post by Ecycle Atlanta:


  5. #3
    SMF Badges of Honor



    Member since
    Feb 2012
    Location
    OK
    Posts
    5,728
    Thanks
    6,814
    Thanked 3,464 Times in 1,989 Posts
    Congratulations! SC Good work! Let me know if you need any help hauling all the money home ; )

    I'd recommend getting matching tshirts for all the workers to wear during the event. Let them keep it, and make it distinguished/fun/bright enough that they'll be proud to wear it other places. If you make it well, and get a good deal on a quantity, you can save the unused ones for your next event
    Last edited by Bear; 09-05-2012 at 08:31 PM.

  6. The Following User Says Thank You to Bear for This Post:


  7. #4
    SMF Badges of Honor


    Member since
    Jun 2012
    Location
    York, PA
    Posts
    45
    Thanks
    19
    Thanked 12 Times in 10 Posts
    Technally you are only over your head when things start to fall on it...Congrats, I am excited for you and more motivated myself now too. Thank you!

  8. The Following User Says Thank You to Whm1 for This Post:


  9. #5
    parrothead's Avatar
    SMF Badges of Honor


    Member since
    Jan 2011
    Location
    Treasure Coast, FL
    Posts
    2,416
    Thanks
    667
    Thanked 2,067 Times in 953 Posts
    Nice. Wishing all the best and hope for a recap when it is all done.
    "64K should be enough for anybody." - Bill Gates 1981
    http://www.treasurecoastelectronicrecycling.com/

  10. #6
    Mechanic688's Avatar
    SMF Badges of Honor



    Member since
    Mar 2011
    Location
    Warsaw , Ind. In the heart of the lakes, and down the street from the hotel where Al Capone stayed.
    Posts
    9,568
    Thanks
    11,247
    Thanked 10,730 Times in 4,728 Posts
    $16. an hour for some temps?? Usually temps up here make $10.-12. per hr max. My daughter runs an office for $14. per.
    P & M Recycling - Specializing in E-Waste Recycling.
    If you enjoy your freedom, thank a vet.

  11. #7
    SMF Badges of Honor


    Member since
    Nov 2011
    Location
    boise, ID
    Posts
    1,605
    Thanks
    469
    Thanked 1,462 Times in 668 Posts
    Great job SC! Mechanic, I use temps occasionally and here it runs around 18.00 an hour but they cover taxes, workers comp and all the rest of the payroll expenses. When you look at it like that, it is really a deal.

  12. #8
    Scrapcrazy started this thread.
    Scrapcrazy's Avatar
    SMF Badges of Honor



    Member since
    Jul 2012
    Location
    Oklahoma
    Posts
    321
    Thanks
    153
    Thanked 321 Times in 125 Posts
    Quote Originally Posted by Mechanic688 View Post
    $16. an hour for some temps?? Usually temps up here make $10.-12. per hr max. My daughter runs an office for $14. per.
    The employees themselves only get $10/hr the other $6 bucks goes to the companies overhead and profits. It's like legalized slavery. That number may come down a bit once I recruit more of my friends and family but to be completely honest with you, Id prefer to use temps. It's a lot easier being stern with a temp who respects you as an employer versus your older brother who an care less if I tell him to hurry up.

  13. The Following User Says Thank You to Scrapcrazy for This Post:


  14. #9
    SMF Badges of Honor



    Member since
    Feb 2012
    Location
    OK
    Posts
    5,728
    Thanks
    6,814
    Thanked 3,464 Times in 1,989 Posts
    for $16 i'll be a temp, and act like your brother too! best of both worlds man, i should charge 30!

  15. The Following 2 Users say Thank You for This Post by Bear:


  16. #10
    Jonniebrass's Avatar
    SMF Badges of Honor


    Member since
    Dec 2011
    Location
    Massachusetts
    Posts
    1,007
    Thanks
    582
    Thanked 496 Times in 296 Posts
    All I can say is wow. Great job. Now I have to go break down my stack of 125 towers and plan for the day temps will do it.

  17. #11
    chrisc's Avatar
    SMF Badges of Honor


    Member since
    Jul 2012
    Location
    ct
    Posts
    251
    Thanks
    201
    Thanked 88 Times in 58 Posts
    the people get min wage the rest goes to company and workman's comp

  18. #12
    SMF Badges of Honor


    Member since
    Jul 2012
    Location
    Oregon
    Posts
    57
    Thanks
    0
    Thanked 14 Times in 10 Posts
    Great work!!! I will never be there just do to not wanting to be but amazing progress!!!!

  19. The Following User Says Thank You to Gord for This Post:


  20. #13
    ddelatorre14's Avatar
    SMF Badges of Honor


    Member since
    Aug 2012
    Location
    Kutztown PA
    Posts
    94
    Thanks
    30
    Thanked 57 Times in 23 Posts
    That is a great find. Good luck with that and I hope the turn out is bigger and better than last year.
    Daniel De La Torre
    JMD Recycling Services Inc.
    www.jmdrecycle.com
    dtorre@jmdrecycle.com

  21. The Following User Says Thank You to ddelatorre14 for This Post:


  22. #14
    Scrapcrazy started this thread.
    Scrapcrazy's Avatar
    SMF Badges of Honor



    Member since
    Jul 2012
    Location
    Oklahoma
    Posts
    321
    Thanks
    153
    Thanked 321 Times in 125 Posts
    Quote Originally Posted by Bear View Post
    for $16 i'll be a temp, and act like your brother too! best of both worlds man, i should charge 30!
    If that's the case I should expect you to be late and buy you lunch too. Thats what brothers are for.

  23. The Following 2 Users say Thank You for This Post by Scrapcrazy:


  24. #15
    AuntieCake's Avatar
    SMF Badges of Honor


    Member since
    Nov 2011
    Location
    By Saginaw, Michigan
    Posts
    140
    Thanks
    114
    Thanked 108 Times in 46 Posts
    Good Luck!!!

  25. #16
    Gravitar's Avatar
    SMF Badges of Honor



    Member since
    Jul 2012
    Location
    Central Texas
    Posts
    1,086
    Thanks
    1,258
    Thanked 1,431 Times in 525 Posts
    Nice score! If you don't mind me asking but what city is it? College towns will get you a lot of material!

  26. #17
    SMF Badges of Honor

    Member since
    May 2011
    Location
    Saint Louis, MO
    Posts
    762
    Thanks
    15
    Thanked 900 Times in 349 Posts
    Wait a minute so I can get throw away workers for 18 bucks an hour. Sounds like a win. Then i remembered how terrible temp workers are. Will they show up? Will they be sober? Will they actually work? Will they walk off? Will they make friends instead of working all day? To many variables to hire temp workers. I have seen the downside off them to often when I have seen them in action aka attempting to work. Employees you can try and train and know they will stay till the end of the job if they can hack it. If not you have to have the next man up mentality. Get rid of them asap.

  27. #18
    SMF Badges of Honor

    Member since
    May 2011
    Location
    Saint Louis, MO
    Posts
    762
    Thanks
    15
    Thanked 900 Times in 349 Posts
    Now comes my actual questions. Why is it costing over a 1000 a trailer? Are they hauling it 250 miles away or what? The trailers should weight in at what 15,000 lbs or slightly more or less according your math of close to 60,000 lbs the last time this event was held. Why aren't you breaking down the items in the trailers? Whats the point of holding the event to make a 1000 of it when you can make 10,000 or more if you break it down and process it yourself? I am just confused as to why you are just being a middle man when you could be the man period?

  28. #19
    Scrapcrazy started this thread.
    Scrapcrazy's Avatar
    SMF Badges of Honor



    Member since
    Jul 2012
    Location
    Oklahoma
    Posts
    321
    Thanks
    153
    Thanked 321 Times in 125 Posts
    Quote Originally Posted by PistoneScrapProcessing View Post
    Now comes my actual questions. Why is it costing over a 1000 a trailer? Are they hauling it 250 miles away or what? The trailers should weight in at what 15,000 lbs or slightly more or less according your math of close to 60,000 lbs the last time this event was held. Why aren't you breaking down the items in the trailers? Whats the point of holding the event to make a 1000 of it when you can make 10,000 or more if you break it down and process it yourself? I am just confused as to why you are just being a middle man when you could be the man period?
    All great questions.
    High cost for trans is due to the fact, yes I am transporting over 300 miles. I could get around 45,000 pounds into each trailer but in reality the material I'm hauling takes up most of the space. Sure the tv's can be heavy but even if you stacked them all the way to the trailer ceiling you still
    wouldn't max out on weight. You can only stack so high and shrink wrapped onto a pallet for it to make it to its final destination. Keep in mind i also have time restraints. Gates open at 7am and close at 2pm i must be off site by 5pm. I have neither the satff or the time to break down on site. Nor do I have the time once the event is over to deal with all the less valuable material like printers, keyboards, radios and such. I don't do this full time, I have a job I obligate 50 to 60 hours a week to. Sure I could make higher margins if I decided to manage everything myself but that would take a lot of time, a lot of storage, full time staff and headaches I'd rather pass on at this time. If I did decide to do this full time, I would have made other decisions. I'm keeping my fingers crossed there's a good showing and everyone brings two CRT's each. I anticipate 1200 CRT's which will cover majority of my costs. Last years event produced 17 pallets of computer towers which which held 45 to 50 towers per pallet. This is where I will be making most of my money. With scrap value being $12 to $14 per tower that should bring in close to $10,000. Lead acid batteries could easily bring in another $2000. If $12,000 is all I make it would be worth all my efforts even though my estimations have me making even more. I have a very strong resell outlet so I do have high intentions of doing well in
    that department as well. I may not ultimately be "the man" because ill be giving away profits to another company, but I will be a
    man making a large amount of money in a very short period of time with little effort. Work smarter not harder.
    Last edited by Scrapcrazy; 09-07-2012 at 11:10 PM.

  29. The Following User Says Thank You to Scrapcrazy for This Post:


  30. #20
    Scrapcrazy started this thread.
    Scrapcrazy's Avatar
    SMF Badges of Honor



    Member since
    Jul 2012
    Location
    Oklahoma
    Posts
    321
    Thanks
    153
    Thanked 321 Times in 125 Posts
    Quote Originally Posted by PistoneScrapProcessing View Post
    Wait a minute so I can get throw away workers for 18 bucks an hour. Sounds like a win. Then i remembered how terrible temp workers are. Will they show up? Will they be sober? Will they actually work? Will they walk off? Will they make friends instead of working all day? To many variables to hire temp workers. I have seen the downside off them to often when I have seen them in action aka attempting to work. Employees you can try and train and know they will stay till the end of the job if they can hack it. If not you have to have the next man up mentality. Get rid of them asap.
    These are the chances you take using temps. I'm taking a big chance especially since I'm expecting them to be onsite at 6am on a Saturday morning. Plus they're working for $10 to $11 per hour. Sure I'm worried about that. As for technical skills. I'm just hoping they can follow simple directions, off load a car, truck or trailer, sort material into 4 simple categories, stack on a pallet,
    shrink wrap and use a pallet jack. Not computer science but like I said in the beginning, these are the chances you take when using temps.


  31. Similar threads on the Scrap Metal Forum

    1. got a new contract
      By corycouch in forum A Day in the Life of a Scrapper
      Replies: 6
      Last Post: 06-02-2013, 09:56 AM
    2. Paydirt: First Fundraiser / Recycling Event Scheduled
      By Geiser093 in forum General Electronics Recycling
      Replies: 10
      Last Post: 11-07-2012, 11:37 AM
    3. Anyone ever used a collection agency?
      By ScrapYaHerd in forum General - Let's talk business
      Replies: 2
      Last Post: 10-17-2012, 09:49 PM
    4. What a Video Game collection this is
      By ScrapperNJ26 in forum Off Topic Discussions
      Replies: 5
      Last Post: 07-11-2012, 08:05 PM
    5. no contract housing
      By bluemeate in forum Off Topic Discussions
      Replies: 4
      Last Post: 11-03-2011, 01:42 PM

Page 1 of 2 12 LastLast

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

 
Browse the Most Recent Threads
On SMF In THIS CATEGORY.





OR

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

The Scrap Metal Forum

    The Scrap Metal Forum is the #1 scrap metal recycling community in the world. Here we talk about the scrap metal business, making money, where we connect with other scrappers, scrap yards and more.

SMF on Facebook and Twitter

Twitter Facebook