Got Junk? Yes.
September 20, 2010 7:01 AM Subscribe
How does one go about selling a bunch (and I mean, a LOT) of fitness equipment (good, bad, and unknown quality), and also try to get a return on months and months of storage of this stuff?
posted by Debaser626 to Work & Money (5 answers total)
I have inherited a problem which I've been sitting on for far too long. Have been paying for storage in a warehouse with many, many pallets (over 1,000 items) of mixed junked and some good fitness equipment. I was going to go through them, until I realized I had bitten off WAY more than I could chew with the time I have to devote to this. I just want to get rid of this stuff now. My goal was to make some money off of this stuff, though I honestly wouldn't mind just being able to have dinner at Applebee's with the entirety of the "profit" by this point.
The items are some home gym type fitness equipment (retail $150), and have wood and plastic parts attached to the steel and are in original shipping packaging from the manufacturer. These are customer returns, and reason for return is unknown (buyer remorse, cracked/missing parts, etc, but no sure way to tell which is which).
Not all of the items are bad, in my evaluation of a several pallets, it would appear that between 15 and 25% of the items are perfectly fine (parts not even taken out of inner plastic packaging, shipping bands not even cut, etc.) and many more are simply missing some hardware or have cracked plastic parts which can easily be taken from another unit, and put on the former. Some of those may be totally broken, but I can't tell which is which just by looking in the box.
I know they have recyclers who will pay for these items, but it takes about 7-10 minutes per unit to remove 95% of the attached non-metal parts, and there really is no way to completely strip the items of all non-metals. Has anyone sold stuff to a scrap yard leaving non-metals on? Is there a charge or deduction, and if so, is it by weight or difficulty?
As far as scrapping them, I am also aware of the possibility of having someone come in and haul the stuff away for "free" (their payment being bringing the stuff to a scrap metal yard), but as this has cost a ton of money over time, I would really like to at least break even on this now, though if not possible, I am willing (as a grudging, last option) to merely stop wasting money on this.
I also have been told that I may be able to sell these pallets as a lot, for a small fraction of their worth. Can anyone recommend an organization around Dallas that does this, or a company that may do this via web auction or something?
I just wanted some informed information from people who may have done something similar, or are maybe just familiar with this industry or situations of this type before I begin making phone calls, and open myself up to being taken advantage of through my ignorance.
I hope that I included enough info, but any help would be greatly appreciated.