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Cash-for-Cans Businesses & Equipment

 

   GoldCan                                            

 

This site provides helpful information concerning aluminum can recycling machines, automated & non-automated recycling equipment, the aluminum market, reverse vending and recycling. We specialize in refurbishing, operating, and selling new and used aluminum can recycling machines also known as Reverse Vending Machines (RVMs) or Buy Back Centers since 1985. We also take requests for other specialized equipment. Please feel free to contact me if you have any questions. - Dale Beckman, Jr. - Owner

 Click here to see a Site Map

 

Click here to see current prices for aluminum cans in the U.S.

 

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Featured Reverse Vending Machine for sale:

Used & fully functioning Golden Goat can machines starting at $12,500 each! 

 

 

New GoldCan RVMs starting at at $21,500 each! (while supplies last- only have 2.)

call Dale for details at 1-815-323-3022.

{To see other machines and promotions, click here}

Other offer below:

This is a genuine opportunity for you to have your own stable business that is simple to set up and operate for years to come!

This is a somewhat yet unknown business in different parts of the U.S. It is an Aluminum Can Reverse Vending Business also known as a Cash-for-Cans or Buy-Back business. These fully automated machines purchase aluminum cans from the public. They have proven themselves to be a stable source of supplemental or primary income for businesses or individuals.

I have been in this business since 1985 and I have never offered or known of a RVM (Reverse Vending Machine) that was simpler to operate, maintain, or rugged then the GoldCan RVM! 

To set up and operate this business is simple. All one needs to do is to set up a GoldCan machine, put money in it to pay the people for their cans, and then empty the machine of cans when it gets full. It takes around 1 hour a week to maintain and unload the processed cans from the GoldCan machine. There are a lot of ways to resale the cans but you can be sure that you will get a premium price for the cans purchased by the RVM because of the larger quantity of cans. If you want to know details about the costs, profits, warrantees, and other information, and profit, read on and visit the rest of this web site. If you want more detailed information then what is on this site, please contact me.

This GoldCan machine up for sale is on sale as a "very minor scratch and dent" unit. It has some minor imperfections but has not been used in public and runs great! It is on sale for $21,500 US Dollars. This is a savings between $8,500 and $13,500 compared to a new "non - scratch and dent" unit! (while supplies last)

The RVM is made of 3/16" (4.8mm) to 1/4" (6.35mm) thick cold rolled steel with the exception of the stainless steel receptacle (where people put their cans in and get money) and has two floors and a roof. The machine weighs about 5000 pounds empty and measures 14 feet tall by 8 feet wide. The machine works by sucking in cans from the customer through a hole and into the top half of the machine where they are crushed and stored. It is very fast. There are two side man-doors. The top side door allows the cans to be removed and the bottom side door is used to fill the coin dispensers and check records. The RVM is controlled by a super rugged refurbished Panasonic Toughbook laptop computer. The control program is very user friendly and licensed. The power requirements are 240VAC with 50A - Single Phase service. The machines are shipped on their side and can be set up with an extension boom forklift or small crane - Unless we use our own equipment to do it for you. It may cost about $100 for a small crane operator to set it up for you. We can offer assistance with setting up your shipping. Shipping costs are not included with the purchase price but may be free or greatly reduced depending on the shipping destination and possible other factors - Call for details.

If the buyer wishes to pick up the machine, the machine must be removed within 120 days of purchase with the funds clearing our bank, to avoid storage charges ($10 / day). Additional storage time may be added at no charge. We usually assist the buyer with handling at little or no additional cost. Please contact me for further information.

The machine comes with a 30 day replacement warrantee (normally 120 day but for this promotion it has been lowered due to the price difference - all equipment is the same) on all processing components and their controls due to failure from normal functions. This does not include shipping damage which should be covered by the carrier nor does it cover "act(s) of God" like flooding or other natural events. The warrantee date begins with the date of purchase. We reserve the right to have the needed time for arranging transportation to the point of destination. This usually takes about two to four weeks.

Any potential buyer is welcome to visit by appointment and see how the machines operate.

All prices mentioned in this listing are in US Dollars.  

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Read on to see answers to questions people have asked:  

Click here to see other frequently asked questions

"How does someone make money in this business?"

Below is a real example of costs and profits of running an RVM in different sized towns. Although this information is from 2006, the principles are the same.

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RVM Business Performance in 2006 and Future Analysis (rev. Jan. 11, 2007):

 

Introduction:

The data below is confidential and not to be used by anyone unauthorized by Dale Beckman, Jr.


The data is based on four RVMs which Automated Recycling operated in 2006 and is as accurate as possible. However, some values had to be approximated to keep things simple.

The data presented may or may not represent costs and profits in different parts of the world. The data will vary in other locations due to but not limited to: location / visibility of the RVM, local weather patterns, and distance from local competition.

All mentioned RVMs (Reverse Vending Machines) are located in Wisconsin (North Central USA). Additional information and pictures may be viewed at www.can-machines.com.


RVM 1:


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Town approximate population: 12,500

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Located in a supermarket / department store parking lot

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No local advertising for services or attempt to generate advertising revenue with the RVM

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Closest competitor about 17 miles

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Recorded Pounds1 = 30,443

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Current Sale Value of Cans2 = $26,485

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Cost of Cans3 = $6,621

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Utility Costs (mainly electrical) = $246 – Based upon the RVM utility bills

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Royalty/Donation/Rent = $662 – Based upon the cost of cans (Percentage of what the public is paid for the credited (recorded) cans)

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Simple Profit4 = $26,485 - $6,621 - $246 - $662 = $18,956

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Complex Profit5 = $31,783 - $6,621 - $246 - $662 = $24,254

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Labor6 = $286 to $373 per hour


RVM 2:


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Town approximate population: 5,000

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Located in a small video store / fast food restaurant parking lot

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No local advertising for services or attempt to generate advertising revenue with the RVM

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Closest competitor about 13 miles

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Recorded Pounds1 = 11,392

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Current Sale Value of Cans2 = $9,911

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Cost of Cans3 = $2,848

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Utility Costs (mainly electrical) = $227 – Based upon the RVM utility bills

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Royalty/Donation/Rent = $285 – Based upon the cost of cans (Percentage of what the public is paid for the credited (recorded) cans)

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Simple Profit4 = $9,911 - $2,848 - $227 - $285 = $6,551

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Complex Profit5 = $11,893 - $2,848 - $227 - $285 = $8,533

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Labor6 = $101 to $131 per hour



RVM 3: (This RVM was set up and running July 15, 2006 – some numbers are extrapolated from the past six months to reflect an annual analysis/projection)


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Town approximate population: 4,700

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Located in a supermarket parking lot

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No local advertising for services or attempt to generate advertising revenue with the RVM

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Closest competitor about 19 miles

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Recorded Pounds1 = 16,536

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Current Sale Value of Cans2 = $14,386

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Cost of Cans3 = $4,134

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Utility Costs (mainly electrical) = $204 – Based upon the RVM utility bills

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Royalty/Donation/Rent = $413 – Based upon the cost of cans (Percentage of what the public is paid for the credited (recorded) cans)

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Simple Profit4 = $14,386 - $4,134 - $204 - $413 = $9,635

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Complex Profit5 = $17,263 - $4,134 - $204 - $413 = $12,152

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Labor6 = $148 to $187 per hour


RVM 4:


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Town approximate population: 62,000

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Located in vacant parking lot

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No local advertising for services or attempt to generate advertising revenue with the RVM

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Closest competitor about 2 miles (There are 4 major and 2 minor other recyclers in this city)

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Recorded Pounds1 = 11,620

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Current Sale Value of Cans2 = $10,109

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Cost of Cans3 = $2,905

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Utility Costs (mainly electrical) = $256 – Based upon the RVM utility bills

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Royalty/Donation/Rent = $291 – Based upon the cost of cans (Percentage of what the public is paid for the credited (recorded) cans)

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Simple Profit4 = $10,109 - $2,905 - $256 - $291 = $6,657

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Complex Profit5 = $12,131 - $2,905 - $256 - $291 = $8,679

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Labor6 = $102 to $134 per hour



1 Recorded Pounds are pounds based upon count and do not account for increased weight from moisture, plastic, or other foreign materials included with the cans. The RVM’s computer definition for a pound is 33 empty and clean 12 ounce aluminum cans. This definition may be easily changed if the industry standard changes. Recorded pounds do not account for cans placed in the machine in the wrong spot or at the wrong time which can add unrecorded pounds (Some people who use the RVMs do not read simple directions). The approximate actual pounds (recorded + unrecorded pounds) can be 20% greater then the recorded pounds.


2 Value of Cans sold to a larger recycler as of 1-11-2007 at 87 cents on the pound. In 2006, I sold all my cans to a single local recycler. I could have received a higher pay (about 2 cents more on average) but would have had to invest more time. The price varied from the recycler purchasing cans from 73 cents to 96 cents a pound. The average sale price for the cans (over 2006) was approximately 80 cents on the pound. See links page for market speculation / data. Can sales are not taxed in Wisconsin.


3 Cost of Cans is here defined as the money paid to the public for their recorded pounds. The price paid to the public for the entire year was 25 cents on the pound which is defined on the machine to equal 33 clean and empty 12 ounce aluminum cans.


4 Simple Profit does not include other costs of doing business like trash bags, cleaning supplies, deductible vehicle costs, or other miscellaneous items.


5 Complex Profit is from adding the value of the cans that do not get counted by the RVM due to various reasons. The customer may not insert their cans at the correct time or follow other directions. This complex profit also includes but is not limited to other reasons such as moisture in the cans. The RVM does not pay customers for moisture but when the cans are taken in to a larger recycler, the cans are weighed. This weight includes the moisture. It is the industry standard to expect up to 4% foreign material by weight by many recyclers. This is normal. This number is derived from multiplying the Recorded Pounds by 120% and then multiplying that result with the Value of Cans amount.


6Labor is the amount of time to service the machine / profit. This service time is divided up to 3 times a week. The machine will be checked and cleaned twice per week at 15 minutes per time. The RVM will be emptied and cleaned, once a week (if needed) for an average time of 45 minutes. This comes to a total service time of 1 hour and 15 minutes per week. This time is averaged between the machines. This does not include the time of traveling. The amount is calculated with the simple profit and the complex profit annual values / 65 hrs (1.25 hrs * 52 weeks per year). This amount does not take taxes into consideration.

 

*All funds mentioned within this site are in U.S. dollars.

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