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Locksmiths & the services they provide

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Services provided by Locksmiths:

  • Servicing residential or commercial lockouts (picking locks)
  • Rekeying locks
  • Setting up Master Key systems for businesses and industry
  • Creating, or originating, keys for locks where keys have been lost
  • Repairing locks
  • Opening locked vehicles
  • Changing safe combinations (quite easy to do, does not require extensive safe knowledge)
  • Duplicating keys
  • Installing hardware such as deadbolt locks and keyed entry locks

The term "smith" originates from the Anglo-Saxon and originally meant to "strike" something.  In past days as well as in our modern times, a "smith" is someone who primarily works with metal in one fashion or another.  Hence, locksmith, metal smith, blacksmith.  Over time, the meaning has been stretched and now refers to someone engaged in any specific skill.  We've all heard song writers referred to as "tunesmiths".

Locksmiths have been around just as long as have locks.  I'm sure that in ancient Egypt there were artisans who made their living fashioning the newest invention; the keyed lock.  They were locksmiths.

The profession is one of the most rewarding, and as it happens one of the easiest to get into.  If you are interested in mechanical things and you like to solve problems, this is something you should look into.  Also, it lends itself exceedingly well to Sole Ownership.  It is easy to make huge profits in this business IF you operate with low overhead (easy to do) and you work for yourself.  The more people you hire, the more difficult it is to stay in the black UNLESS you think big naturally and you set out to create an empire for yourself.

If you operate your business as a Sole Ownership (one-person owns and operates the business), you can keep the business small and stay busy, generating ridiculous profits.  This is because Locksmiths function in a service-oriented envirnoment.  Unless you plan to set up a store that sells hardware and locks, which will complicate matters, you can easily generate income that has built-in 80-90% profit margins.

The single most common service that is provided by the Professional Locksmith is the servicing of lockouts . . . be it residential, commercial, or vehicular in nature.  That means picking locks (in the first two instances) and opening vehicles, which is rarely accomplished by picking locks.  In any case, your fee is almost all profit right from the beginning.  You charge a service fee to travel to the location, and you charge either by the hour or by the specific operation.  Your cost is confined to the cost of gas, because you own your tools (which are written off as business expenses and which, once purchased, are not used up for the most part).  Most locksmiths charge by the hour if they are immersed in a large job, such as rekeying an apartment complex, and the norm is currently around $80 per hour.  For small jobs, such as picking open a locked door, it is more sensible to charge a service fee PLUS a set fee per lock cylinder to be picked.  On top of this, you are perfectly justified to charge extra if the lock turns out to be damaged or otherwise un-pickable.  The upshot of all this is that almost every task is free of overhead.  If you choose to work out of a vehicle, very common for Lockout Specialists, your overhead is confined to the cost of upkeep on your vehicle and the gas it takes to cover your area.  Of course advertising does add to the overall cost but this is calculated over a year's time.  You should look seriously into Yellow Pages advertising, even if only a listing.  Many people will call the listings rather than the big ads because they think they might get a lower price.

* Information above was gathered from www.lockpickersmall.com

This content was sponsored by:

Lickety-Split Locksmiths LLC
2003 Bayview Heights Drive Spc 3
San Diego, CA 92105
car locksmith in Charlotte NC
12633 Sabal park dr Unit #102
Pineville, NC 28134
Goldfingers Lock & Key
2314 Spruce St Philadelphia, PA
Philadelphia, PA 19103
Aragon Lock and Key
6000 E Evans Ave #1-011
Denver, CO 80222
Top Master Locksmith
5115 Dean Martin Dr #405
Las Vegas, NV 89118
Choice Locksmith
20533 Biscayne Blvd
Aventura, FL 33180
All Secured Security Services
1100 Alum Creek Dr.
Columbus, OH 43209
Elon 24 Hour Lock Service
501 Manning Ave
Elon, NC 27244
1 Able Locksmith
4560 Pioneer Terrace
Hernando, FL 34442
Locksmith Kingdom
209 Pheasant run
Ponte Vedra Beach , FL 32082
All Hour Locksmith
369 E 900 S
#172
Salt Lake City, UT 84111
Riverdale Georgia Locksmith
7055 Hwy 85
Riverdale, GA 30274
495 Locksmith
5237 5th St. NW
Washington, DC 20011
BRO LOCKSMITH
144 W. Tennessee st
Tucson, AZ 85714
Guard Lock CO.
9531 S. Jeffery Blvd Suite A
Chicago, IL 60617
GNC Lock and Keys
912 E 15th St
Brooklyn, NY 11230
Crescent Movers
6321 N. Cicero Ave, Unit A
Chicago, IL 60646
Speed Locksmith
680 Edgewood Ave
http://www.rochesterlocksmith.net
Rochester, NY 14618
locksmith las vegas
4780 w tropicana ave
las vegas, NV 89103
System one
3-1750 The Queensway, Unit 320 Toronto, Ontario M9C 5H5
Toronto, OH 17351
HS Locksmiths of South Bay
20707 Anza Ave
#103
Torrance, CA 90503
Meter-Key.com
11815Foothill blvd
Riverside , CA 91730
Turtle Roofing
8404 Sterling St #1
Irving, TX 75063
Evanston Locksmith
1424 Lake Street
Evanston, IL 60201
24 Brooklyn Locksmith
272 Webster Ave.
Brooklyn, TX 11230
Discount Locksmith LLC
2308 N Horne
Mesa, AZ 85203
Green Locksmith service
1515 Benton st
Pooler, GA 31322
M & D Locks and Keys
1004 Cortelyou RD
brooklyn, NY 11218
EMBASSY LOCKSMITH & SECURITY
1562 3rd Ave.
New York
New York, NY 10128
H.A.Reed Locksmiths
60 McLachlan Street
Brisbane
Queensland
Fortitude Valley, ME 4006
Locksmith for You
1717 Pennsylvania Ave NW
Washington, DC 20006
Drytech Restoration Services
80 Central Ave.
Spring City, PA 19475
Johnson Construction Company LLC
1707 N West St.
Lima, OH 45801
 

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