Business At A Glance
Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No
Working as a locksmith on a mobile basis,from home, or from a retail storefront, you can offer customers a widerange of locksmithing services ranging from key cutting, installing newpassage sets, emergency entries, sales of locks, safes, and relatedequipment and installation.
In the United States there are more than30,000 locksmiths, of which 50 percent are self-employed and reportingearnings in excess of $50,000 per year after expenses. Needless to say,the time and money invested in locksmith training is money well spent.
In both the United States and Canada, locksmiths are required to belicensed and bonded, but all states and provinces have their owntraining and licensing requirements. You can contact the associationslisted below to inquire about training and licensing requirements inyour area.