A system which is particularly well suited for the storage and disposal of reclaimable oil and grease materials resulting from food preparation operations. The system utilizes a storage apparatus associated with a building. The apparatus preferably comprises: a container positioned outside of the building; an inlet conduit for conducting the material to the container; and an outlet conduit for conducting the material from the container. Each of the inlet and outlet conduits preferably has a first end positioned inside the building and a second end connected to the container.