Can anyone store 160 euro pallets as a joint venture ?

[DSLiverpool]

I’m negotiating to get 160 pallets of stock free
They are 4/5 ft high and can be stacked 1 high

I’m looking to do a joint venture with someone that has storage and access to low cost transport.

I’ll can go into more detail if you can store it until it’s all sold - could be a year or more.

[Simpo Two]

DSLiverpool said:

They are 4/5 ft high and can be stacked 1 high

That's not actually stacked. Or do you mean 2 high?

[AnotherUsername]

Not brake discs are they?

[DSLiverpool]

AnotherUsername said:

Not brake discs are they?

Nope -air filters

[MattsCar]

When you say "free" I assume you mean free, as In costs nothing?

The reverse logistics world is full of stock that cannot be given away, so I would recommend checking that this stuff is saleable.

E.g there might be 100 filters for a proton persona, but there are only currently 6 on the road.

Also worth checking on just how cheaply other people are selling paper filters for. There are big sellers out there who are making pennies on such things, to the point of it not worth your time to pack and ship them if you wanted to compete.

If I have got the wrong end of the stick apologies.

[LuckyThirteen]

I can do this.....

I'd need to know what budget you've got to play with for storage. Also a rough or average weight per pallet.

Secondly if the stock has to stay palletised?
I.e could the pallets be stripped down and the items organised for storage by type or part number etc?

[JQ]

I have a contact in Wrexham who offers pallet storage, shunting and can transport the pallets. But I can’t offer you any discounted rates, just put you in touch with him.

[AnotherUsername]

Haha I’ve done this before. You’re basically getting stock cleanse products - as a vehicle data specialist I had ALL the data for all the products (brakes in my case) and still couldn’t really make it work partly because there’s so much that just don’t sell at any price.
Moving 160 pallets isn’t free.
I did something pretty clever with them in the end which gave a much better return.

Oh, the info I had as to what was in each pallet was wrong too!

[DSLiverpool]

Sorry guys not car air filters
I’m not wanting to pay storage or shipping from
Coventry to wherever
I’ll split the profit (after Amazon fees)

Eg

https://www.amazon.com/Medify-Air-Purifier-Medical...

[Mr Roper]

Good grief......If anyone takes this on and offers you 3% of the profits I'd snap their hand off, fella.

Good luck.

[DSLiverpool]

Mr Roper said:

Good grief......If anyone takes this on and offers you 3% of the profits I'd snap their hand off, fella.

Good luck.

I’ve sold 33k machines across uk / eu last 4 months, they need new filters every 3/6 months.
Not everyone sees opportunity.

[Mr Roper]

DSLiverpool said:

Mr Roper said:

Good grief......If anyone takes this on and offers you 3% of the profits I'd snap their hand off, fella.

Good luck.

I’ve sold 33k machines across uk / eu last 4 months, they need new filters every 3/6 months.
Not everyone sees opportunity.

I like an opportunity as much as the next guy but this couldn't possibly work as a 50/50 venture. Certainly not for me.

However, I don't know everything and I love a success story so I wish you all the very best with it.

[Mont Blanc]

DSLiverpool said:

Mr Roper said:

Good grief......If anyone takes this on and offers you 3% of the profits I'd snap their hand off, fella.

Good luck.

I’ve sold 33k machines across uk / eu last 4 months, they need new filters every 3/6 months.
Not everyone sees opportunity.

If you are confident in a decent profit, which you obviously are, then why not just call any one of the many businesses who store and manage pallets and stock for you, and arrange the storage?

It's approximately £2 per week, per stocked pallet, to be stored and managed by a warehousing company, so for your 160 pallets that is a paltry £320 a week. Even if you only sold 10 filters per week, at the price you linked to on Amazon, you would cover your storage costs. All sales above that are a profit.

These pallet businesses even offer hourly rates to open the pallets, split the stock out, and process it for you.

I presume there are tens of thousands of thousands of filters in these pallets (I'm assuming 60,000 filters from what you have said).

You also said it could take a year or so to shift them, so that would be about £9000 in warehousing costs at £2 per pallet, demising throughout the year.

Total sales income could be about £1.8m

If this is all correct, I'm not sure why you are trying to find some cheapo storage space somewhere? Just get someone reputable to store it to ensure that you can get all your sales done in an organised fashion.

Edited by Mont Blanc on Friday 10th January 13:57

[DSLiverpool]

I can’t get near £2 a week, current warehouse is £4
I’m too busy with other stuff to get very involved hence a jv

[Peterpetrole]

Mont Blanc said:

DSLiverpool said:

Mr Roper said:

Good grief......If anyone takes this on and offers you 3% of the profits I'd snap their hand off, fella.

Good luck.

I’ve sold 33k machines across uk / eu last 4 months, they need new filters every 3/6 months.
Not everyone sees opportunity.

If you are confident in a decent profit, which you obviously are, then why not just call any one of the many businesses who store and manage pallets and stock for you, and arrange the storage?

It's approximately £2 per week, per stocked pallet, to be stored and managed by a warehousing company, so for your 160 pallets that is a paltry £320 a week. Even if you only sold 10 filters per week, at the price you linked to on Amazon, you would cover your storage costs. All sales above that are a profit.

These pallet businesses even offer hourly rates to open the pallets, split the stock out, and process it for you.

I presume there are tens of thousands of thousands of filters in these pallets (I'm assuming 60,000 filters from what you have said).

You also said it could take a year or so to shift them, so that would be about £9000 in warehousing costs at £2 per pallet, demising throughout the year.

Total sales income could be about £1.8m

If this is all correct, I'm not sure why you are trying to find some cheapo storage space somewhere? Just get someone reputable to store it to ensure that you can get all your sales done in an organised fashion.

Edited by Mont Blanc on Friday 10th January 13:57

A standard semi trailer has 33 pallet slots (one high as I understand OP). Obviously a double deck 60. Surely the transport costs to the warehouse are going to be vastly more than the storage costs over a year?

[Tisy]

Mont Blanc said:

Even if you only sold 10 filters per week, at the price you linked to on Amazon, you would cover your storage costs. All sales above that are a profit.

[...]

Total sales income could be about £1.8m

DSLiverpool said:

I’m too busy with other stuff to get very involved hence a jv

I suspect there are some key details missing from his offer to effectively make someone close to a millionaire in a year at the figures he's touted, hence why he's looking for someone to take on half of the risk. This time next year, Rodders.

[PistonBroker]

AnotherUsername said:

Haha I’ve done this before. You’re basically getting stock cleanse products - as a vehicle data specialist I had ALL the data for all the products (brakes in my case) and still couldn’t really make it work partly because there’s so much that just don’t sell at any price.

Mrs T used to go to a house clearance type auction most Tuesdays in the noughties. Occasionally something that interested me would come up. A VFR400 once, for instance.

We bought a job lot of window regulators and brake discs there. Google found me most of the models they fitted. I still didn't sell it all though. I think I weighed the remaining brake discs in when we moved house.

[Mont Blanc]

Tisy said:

Mont Blanc said:

Even if you only sold 10 filters per week, at the price you linked to on Amazon, you would cover your storage costs. All sales above that are a profit.

[...]

Total sales income could be about £1.8m

DSLiverpool said:

I’m too busy with other stuff to get very involved hence a jv

I suspect there are some key details missing from his offer to effectively make someone close to a millionaire in a year at the figures he's touted, hence why he's looking for someone to take on half of the risk. This time next year, Rodders.

Agreed. I guess the filters will be sold at a knockdown price to get them shifted. Not saying there is anything wring with that, but it seems likely.

Peterpetrole said:

A standard semi trailer has 33 pallet slots (one high as I understand OP). Obviously a double deck 60. Surely the transport costs to the warehouse are going to be vastly more than the storage costs over a year?

Agreed again.

The warehousing costs will be proportionally tiny in this operation.

The vastly bigger costs will be:

Employing multiple staff members for a full year to process all the incoming orders and do the financial accounting for the sales (Probably over 1000 filters a week to process)

The payment processing.

A premises or rented area to process the orders in.

Packing all the filters for shipping.

Postage of the filters.


Perhaps the OP has all the above organised or available and it's just the storage missing.

[DSLiverpool]

Just the storage is needed. I can leave them where they are in Coventry but it’s £4 a week

Demand is not high as I’ve only just sold the 33k main machines (19k uk) but in 3 months ish it’ll be huge.

Throw them into Amazon for last mile delivery but I really can’t be arsed. My client says to destroy them which is a huge waste.

[Chipstick]

AnotherUsername said:

Haha I’ve done this before. You’re basically getting stock cleanse products - as a vehicle data specialist I had ALL the data for all the products (brakes in my case) and still couldn’t really make it work partly because there’s so much that just don’t sell at any price.
Moving 160 pallets isn’t free.
I did something pretty clever with them in the end which gave a much better return.

Oh, the info I had as to what was in each pallet was wrong too!

As someone who bought pallets of NOS wiper blades purely because the price was too good to miss, I hear you. Especially one pallet which is an odd fitting/connection and they all the one length.