Local locks trade counter and delivery service

Locksmiths, builders, maintenance crews, hardware shops and property management companies who need parts the same day.

Margin on products sold over the counter and on trade accounts, with extra income from delivery, key cutting supplies and special orders.

• Strong product knowledge of locks and hardware
• Stock control and ordering
• Customer service and trade account management

• Rent, stock and a vehicle tie up money, so check the numbers before committing to a lease
• Restricted key systems usually need proof of identity or authority from the buyer, check supplier rules
• Some states regulate the locksmith trade and security products, check your state's licensing body
• Public liability and product liability insurance, plus workers compensation insurance if you hire staff
• Check council zoning and signage rules for your premises

Estimates suggest startup costs are typically around $30,000 to $120,000, depending on rent, stock range and your delivery vehicle. Check the numbers carefully before committing to a lease, as rent, stock and a vehicle tie up money.

Check supplier rules on restricted key systems, which usually need proof of identity or authority from the buyer. Also check your state's licensing body, insurance including workers compensation if you hire, and council zoning and signage rules.

Estimates suggest monthly revenue is typically around $12,000 to $50,000, depending on your stock range, customer base and delivery area. Hours typically start from around 35 a week, so plan for a full-time commitment.