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locksmithing

This is the old Locksmith business info area and will be broken down to fill in the new sections below.

locksmithing

Postby superchicken » 15 Apr 2008 22:16

Do most locksmiths work alone? Are there companys that have crews that go out each day with work orders and multiple jobs a day?? How much does the average locksmith make a year?

I browsed around the site for a while but could not to seem to find these details. I am a motorcycle mechanic now but would like maybe look into becoming a locksmith.
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Re: locksmithing

Postby freakparade3 » 15 Apr 2008 23:00

superchicken wrote:Do most locksmiths work alone? Are there companys that have crews that go out each day with work orders and multiple jobs a day?? How much does the average locksmith make a year?

I browsed around the site for a while but could not to seem to find these details. I am a motorcycle mechanic now but would like maybe look into becoming a locksmith.


Some locksmiths oun there business and work alone. Some have larger businesses and employ several other locksmiths. There are a few franchise operations like Pop-A-Lock that you can buy into and use their name and recources.

As for how much a locksmith makes it all depends what you are willing to put into the job and what area of locksmithing you are into. You will not get rich, or make a living in fact, just doing rekeys. It takes alot of money to gat started and you have to be willing to work long hours and sometimes go out at night.

The basic rule for a locksmith is 80% of your business comes from 20% of yor customers. You need to find commercial operations that use you often. Schools, construction companies, apartment complexes, hospitals. Those are where the money is at. Doing transponder work is a big money maker but takes many thousands of dollars to get the necessary equipment. With the initial investment for tools, training, and invatory don't expect to turn much, if any of a profit for a couple of years.
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Postby Eyes_Only » 15 Apr 2008 23:01

Some locksmiths do work alone and are gutsy enough to pull it off. Then there are a lot of shops with like 10 or more employees that run multiple jobs a day.

The worst part of this job is probably being on call where you can't really do anything like cook or go out with friends and family after everyone else gets home at 5 or 6 pm cos you gotta be ready to take off in your work vehicle and go unlock a car or make a key at 10 pm or 7 am.

Pay really depends on what you charge on each job if you work alone but if you work for someone and your shop doesn't get much business don't expect to get paid more than $10 an hour, especially if you're in training. But thats an extreme case of course.

It is a fun job and can be really rewarding if you love locksmithing but it can also be extremely stressful at times.
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Postby freakparade3 » 15 Apr 2008 23:04

Eyes_Only wrote:
It is a fun job and can be really rewarding if you love locksmithing but it can also be extremely stressful at times.


You mean like when a guy refuses to pay $61.50 because you opened his car in less than 2 minutes. :roll: I always tell them "If you could do it yourself why the hell did you call me?"
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Postby Eyes_Only » 15 Apr 2008 23:07

Yeah thats one of them. :lol: Thats also how you learn how to be quick about throwing the keys back in the car and locking it before they get their cheap @$$ hands on them.
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Postby patrick181 » 16 Apr 2008 14:43

Eyes_Only wrote:Yeah thats one of them. :lol: Thats also how you learn how to be quick about throwing the keys back in the car and locking it before they get their cheap @$$ hands on them.

got a real good social life, huh? :roll: lol
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Postby digerati » 16 Apr 2008 15:41

So, I'm in college right now, but I'm really interested in locksmithing. I want to try and get a job with a locksmith, but the problem is that I live far away from where I go to school. So if I got a job somewhere over the summer, I'd be leaving them after a few months. (Probably to get another job in a shop up near school.) Would anyone hire me knowing that? Or would I just be wasting their time by asking?
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Postby mitch.capper » 16 Apr 2008 17:05

your school may have maintenance who handles the locks and they may be willing to let you work with them. You should see if you can give that a shot as they would certainly understand your situation.
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Postby digerati » 16 Apr 2008 17:29

That's not a half bad idea. They might not like a student having access to that stuff, though. I'll ask them, maybe I can get work-study doing it.
Thanks :)
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Postby Eyes_Only » 16 Apr 2008 17:53

I know there was one guy here that was in a similar situation a couple years back. Don't remember who it was or how it all went for him though but totally worth a try.

And to answer freakparade, my social life is extremely erratic. :wink:
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Postby globallockytoo » 16 Apr 2008 20:23

An article in US News recently might be helpful...

http://www.usnews.com/articles/business ... mmary.html
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Postby superchicken » 20 Apr 2008 17:52

OK thanks alot
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Postby WOT » 17 May 2008 8:03

digerati wrote:That's not a half bad idea. They might not like a student having access to that stuff, though. I'll ask them, maybe I can get work-study doing it.
Thanks :)


but your school would be MUCH more accommodating of your school schedule. They understand your primary mission is your education and if there's a conflict between test time and work, I think they'd let you go take your test no problem.
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Postby eppiotic » 28 May 2008 19:07

freakparade3 wrote:
Eyes_Only wrote:
It is a fun job and can be really rewarding if you love locksmithing but it can also be extremely stressful at times.


You mean like when a guy refuses to pay $61.50 because you opened his car in less than 2 minutes. :roll: I always tell them "If you could do it yourself why the hell did you call me?"


heh I know what you mean. Its $55 minimum just for us to show up... then we start working. "my brother in-law coming up here with a coat hanger!" Well good luck, opening your 08 lincoln. Tell him to make sure he doesnt un hook any connector rods... that'll be $55.
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Postby freakparade3 » 28 May 2008 19:15

08 Lincoln with a coat hanger, I'd love to see that. :lol:
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