"Partnership"

The thing is, JnJunks partner is paying in %50 of the money needed to buy the metal in the first place.
Then hes scrapping down the nonferrous and supplying the vehicle & trailer to take the metal to the yard.

Theres nothing stopping the partner from buying all the metal and getting it to the yard easy like, and keeping %100.

I don't have a vehicle to shift the metal to the yard, but I organise someone else to do it with their vehicle.
I pay well for that service. It costs a LOT of money to buy & maintain a vehicle, plus the great trailer...
For something thats only 20 blocks away I pay nz$20. Plus a bonus, last time it was a $10 extra, as I got more than I expected. So, $30 for that trip of 40 odd city blocks. Inc his time as driver.

Well thats a great service doing that. And storing the Ferrous Iron.... And the 50% $ investment of his.
When you started scrapping, could you have bankrolled the whole deal yourself? Transport included?


Oh, its impressive you have your own pickup @ your age too.

I dunno how you could do better in the short run. If both of you had not got together I'd expect you never would have gotten into scrapmetal in the first place.
I have no real answer to your question. But id like to know what the vehicle owner gets for his input & overheads.
Your Father... well thats saved you a bunch of time and effort, but, its only saved your time. Ie, work out what your Father should get out of your 1/2......

And what $% is the ferrous compaired to nonferrous and hows the Ferrous stored and how much is there of it?

My deal, I get scrap from a guy, I scrap it all down and keep the nonferrous and dispose of the rubbish that I generate.
All the Ferrous metal I clean down too, then I return it to him. Plus, I give him all the Ferrous that I get, %100 of it. Even if it does not come from his scrapmetal......
Thats covers the amount of 'weight' that I remove from his scrap pile.



I pay all of my overheads, tools, time, storage etc etc. But I get %100 of the Nonferrous I find except if its something he can 'use' and sell for more than scrap value, but I don't 'handle' it, I just put it aside in a safe place for him.