|
Already an established locksmith? Trying to get your new locksmith business off the ground? Need training or licensing? Have to get bonded and insured? Visit here to talk about running a locksmith business day to day, including buying a van, renting a store front, getting business cards and invoices made up, questions on taxes, pricing out jobs, what to spend on tools and what works and doesn't in advertizing.
 by GWiens2001 » 17 Feb 2019 9:59
That is going to very based on how much you charge and the cost of your equipment. It will take a while to earn back the thousands of dollars you will need to spend on getting set up to do transponder keys, plus the cost of your inventory.
Gordon
Just when you finally think you have learned it all, that is when you learn that you don't know anything yet.
-
GWiens2001
- Site Admin
-
- Posts: 7550
- Joined: 3 Sep 2012 16:24
- Location: Arizona, United States
by cledry » 18 Feb 2019 21:53
d_Random wrote:What the approximate profit for making transponder keys?
Originating or duplicating? Duplication you are turning a $4-$8 key blank and a $15 chip into a $65-$75 key. To do so you need the key machines. Figure about $3000-$4000 for a good key machine and a manual milling cutter, then you will have another $1500-$2500 in a cloner. Since we already had the regular duplicator it was an investment about $5K in machines, cloner and a small selection of blanks and chips. We stock 10-20 keys for each type and about 25 each of the two chips we use. Once Your initial investment is paid for then other than a few cutters once in a while it is a very good money-maker. We probably do 3 keys on a slow day and perhaps 10 on a good day. Jim
-
cledry
-
- Posts: 2836
- Joined: 7 Mar 2009 23:29
- Location: Orlando
-
Return to Running a Business
Who is online
Users browsing this forum: No registered users and 1 guest
|
