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starting a scrap yard

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  1. #6
    1956's Avatar
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    Well I would have to say I would think about that twice before taking that leap,I sold my 50 percent owner ship in a yard three years ago,thank god I did my old partner is married to that yard now,the business has changed so much in the last couple of years,there are plenty of new regulations that you must subject your self to,the cost of setting up a new yard today is tremendous with all the new laws concerning regulated materials,just the computer system alone to be compliant is over 50 thousand just for starters,the margins are not all that great believe me,the best business in my opinion to open a cardboard paper recycling yard,no regulations not much compaction and the margins are better then metals,not to mention,you will not need to hire a private security company to watch the paper,cost scrap yards thousands a year in security,think paper it's the way to go,let me throw this out to you,,,where is the closest yard to recycle cardboard and office paper in your area??


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