Junkshop is considered by many as a dirty business, I mean it literally, but this is a lucrative business that generates a lot of money both for garbage collectors and junkshop owners.
Things you might need:
- Weighing scale is the most important equipment since you are buying all the scrap materials per kilo, except for glass bottles which is paid by piece.
- Kariton – maybe you can start with at least 3 then hire some tambay at your neighboor to collect and buy the scrap from house to house.
- An open space – to dump all your scrap materials.
- List of recycling centers that will collect your scraps. Transactions will usually take weekly or monthly, depending on the amount of scraps that you collected.
- Delivery truck – if you plan to collect scraps from neighbooring provinces.
“..The prices of recyclables sold ranged from a low of P.50 per kilo for paper, plastics and cardboards, to as high as P275 for used batteries of vehicles. Used tires with nylon fabric would fetch from P5 to P35 a piece. Materials made of aluminum like soft drink cans, food trays, window frames also sold at P30 to P33 per kilo while metals like copper, zinc and ordinary scrap metals earned from P80 to P90 per kilo.
Plastics, particularly high and low density polyethylene, such as pails, trays, crates, shipping containers, industrial parts, plastic retail bags and garbage bags, sold for P2 to P3.50 per kilo. Polypropylene plastics or materials found in carpet fibers, films, bags, car bumpers, microwave containers beverage cups and toys fetched P3 to P3.50 per kilo…” source: MindaNews
Interesting article: Dirty Job
Update 12/9/07: Active forum about the junkshop business here
Update 5/6/08: Approximate scraps buying rates
Update 5/7/08: List of Recyclable Materials and Recycling Centers
photo from rochesterenvironment.com