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
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Entries (RSS)
July 15th, 2008 at 10:50 pm
Dear Sir,
Offer For Sales Of Used Railway steel metals,Train Coaches And Scraps.
We are consultants to the Federal Ministry ofTtransport in Nigeria,and have its mandate to offer to you, the above mentioned materials for immediate purchase from the various stations of the Nigeria Railway Corporation.
As you may have been aware, The World Bank has granted the Nigeria Railway Corporation various sums in loan amounting to usd$3. billions for the replacement of it rail lines and refurbishment of its train coaches, since 1998, This projects has been executed and the used metals, materials and copper wires are now approved by the Ministry of Transport for immediate disposal as scrap metals. This to include:
1).HMS 1 dan 2 (ISRI 200-206)
2).HMS 1 (ISRI 200-202)
3).Used Rails (R50 – R65)
All purchases are on FOB basis, ex - Apapa ports, Lagos.
Payment terms,prices,photos of materials/scrap metals with other specifications will be forwarded to you,upon receipt of letter of intent to purchase the above mentioned materials.
You are therefore required to express your intentions by sending a LOI to the contact below for consideration.
Attn: Engr.Williams Ibe
Global consult. inc
Email: williamsibe47@yahoo.com
Your immediate response will be appreciated.
While thanking you for the anticipated cooperation, we look forward to doing business with you.
Your’s Faithfully,
Engr.Williams Ibe
2347055022258