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Residential, commercial & automotive

Locksmith

A trade you can run alone out of one van.

Typical pay

$38k-$85k

How you get in

Apprenticeship or short course plus state licensing

Outlook

Steady; automotive and access control are the growth

Locksmiths install, repair and bypass locks and access control systems. Automotive key programming and commercial access control have largely replaced simple lockouts as where the money is.

A day in the life

  1. 8:00aCheck the schedule, stock key blanks and cylinders
  2. 8:30aRekey a house for a new homeowner
  3. 10:30aCar lockout, then program a replacement fob
  4. 12:30pLunch in the van
  5. 1:30pCommercial job — install panic hardware and a master key system
  6. 4:00pQuote an access control upgrade, invoice the day

How to get in

Work for a locksmith shop

Duration

1-2 years

Cost

$0 — paid

Credential

State locksmith license where required, plus bonding

  1. Get hired as a helper at an established shop
  2. Learn rekeying, master keying and hardware installation
  3. Get licensed and bonded — most states require a background check
  4. Add automotive key programming, which is where the margin is

Training course then independent

Duration

3-9 months

Cost

$3,000-$15,000 including tools

Credential

Certificate plus state license and bonding

  1. Complete a locksmith training program or ALOA coursework
  2. Buy a starter tool set and key machine
  3. Get licensed, bonded and insured
  4. Start mobile — a van is the entire premises

Specialize in access control

Duration

1-3 years after the basics

Cost

$2,000-$15,000 in equipment and certification

Credential

Manufacturer access control certifications

  1. Master mechanical locksmithing first
  2. Add electronic access control, keypads and networked systems
  3. Get certified by the manufacturers you install
  4. Commercial contracts and service agreements beat one-off lockouts

What people love

  • · Very low startup cost for your own business
  • · Automotive key work has excellent margins
  • · Genuinely interesting problem-solving
  • · Emergency calls command premium rates

What wears people down

  • · On-call nights and weekends for lockouts
  • · Background checks and bonding are required
  • · Key programming equipment is expensive to keep current
  • · Competing with dealer and app-based services

From people doing it

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