Start a local lock and hardware supplier with delivery

Independent locksmiths, builders, remodelers, property management companies, landlords and small hardware stores.

You buy from wholesalers or distributors and resell at a markup. Repeat orders, bulk deals for property managers and delivery fees add up.

• Knowing lock types and grades
• Inventory tracking and ordering
• Building trade relationships

• Sales tax registration and resale certificate rules in your state
• General liability and product liability insurance, plus coverage for stock and your vehicle
• Some states regulate who can buy certain products such as restricted keys or lock-picking tools; check your state rules
• Home storage may need a home occupation permit or must fit HOA or lease rules; check with your city or county
• Tied-up cash in slow-selling stock, so start with a small range

Startup costs are typically around $5,000 to $25,000, depending on how much stock you carry, your vehicle and your storage space. Starting with a small, focused range helps limit cash tied up in slow-selling stock.

Monthly revenue is typically around $3,000 to $15,000, depending on your customer base, product range and delivery area. These are estimates rather than guarantees, and they are revenue before stock, vehicle and insurance costs.

Check sales tax registration and resale certificate rules in your state, and whether your state limits who can buy items such as restricted keys or lock-picking tools. Also check insurance needs and any home occupation permit, HOA or lease rules for storing stock.