How much money does a scrap yard make?

+1 vote
asked Oct 13, 2017 in Employment & Careers by fghu (220 points)
How much money does a scrap yard make?

1 Answer

0 votes
answered Oct 15, 2017 by timberwolf (720 points)
If it's a high volume scrap yard then most of the high volume scrap yards make at least 10,000.00 per day or more.

But that's usually not all profit since they have to pay the employees and rent or taxes on the property and buildings and then upkeep on the machines they use.

But a big scrap yard can be really profitable. But I wouldn't want the headache of one.

Scrap prices rise and fall in the market pretty quick and you really have to know what you're doing with the scrap market and finances because you could lose a lot of money if you don't.

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