Earning Potential from Cardboard Bales
Cardboard sales vary, ranging from $10.00-$70.00 per bale based on geographic location. You could earn from $60.00 to $420 per pickup, assuming you collect 6 bales. The going rate for recycled cardboard typically lies between 1/2 cent and 3 cents per pound. Recycling centers may have a minimum weight requirement, so it’s advisable to inform them of the quantity of cardboard you’re intending to recycle in advance.
Investing in a Baler for Cost Efficiency
Purchasing or leasing a baler machine can cut hauling costs significantly, by approximately 80% – 90%, by reducing the volume of your cardboard waste. If your business disposes of more than 10 tons of cardboard monthly, investing in a baler could be a financially sound decision. Baled cardboard not only reduces storage and transportation difficulties but can also become a source of income when sold.
Benefits of Baling Cardboard
- Makes transportation and storage easier
- Reduces volume, hence improving efficiency
- Baled cardboard can be tied up and sold for a profit
Can You Make Money Baling Cardboard?
If your business produces cardboard waste consistently, you might be able to turn this into a profit by baling the waste and then selling it to a cardboard collection service. When you choose not to recycle, you’re potentially discarding money. Selling cardboard as bales is usually more profitable than selling it loose, because recycling companies often pay more for the compacted material.
Remember, by recycling cardboard, you’re contributing to the production of new cardboard and paper products, which is not only good for your wallet but also for the environment.