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At a glance: money to start · hours · how fast it pays · how much you keep · how much it can earn. Taller bars are better; the dashed line is halfway.

Locksmith: what it really costs to start

Starting a locksmith business in Europe costs €5,000–€18,000 in 2026, with first income after about 6 weeks and earnings of up to €4,000 a month working full time.

Last updated: September 2026 · sources at the bottom of the page

Emergency entry, locks, security.

Locksmith in numbers
Money to start €5,000–€18,000 What you spend before the first customer pays: kit, stock, licences, launch.
Hours a week 25–50 What it takes to run it properly, from part time to full time.
Weeks to first income about 6 How long you pay in before any money comes back. You still need to live in those weeks.
Kept of every €100 €70 What stays with you after running costs, before you pay yourself for your hours.
Most it earns a month €1,300 part time · €4,000 full time A realistic ceiling for one person running it. Your own hours are the limit.
Competition low Few do it, usually because something hard keeps them out.
Licence or qualification not usually Beyond registering the business and insurance, nothing specific in our research.

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What nobody usually tells you

Urgency pricing at its purest: a locked-out customer at 11pm does not compare quotes. The trade-off is the hours — the profitable calls come at night and at weekends, and you are on the phone constantly.

The route, in five steps

  1. Do the training course — this is a skill, not a YouTube job
  2. Get on the emergency lists of insurers and letting agents
  3. Charge a callout that reflects the hour of the night
  4. Carry the ten locks that cover most doors
  5. Add safes and access control for daytime margin

What you'll need to buy

These are the categories this business pays for in the first month. We go through the software side on the tools page.

training coursetools and picksvanstockinsurance

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Common questions

How much does it cost to start a locksmith business?

Between €5,000 and €18,000 to begin. That covers training course, tools and picks, van and the rest of the setup. It does not cover your own living costs during the 6 weeks before the first income arrives, which is the cost most people forget.

How long after starting a locksmith business does the first income arrive?

Around 6 weeks to the first euro. Reaching the realistic maximum of €4,000 a month takes considerably longer, and assumes 50 hours a week.

How much can you earn a month if you start a locksmith business?

Up to about €4,000 a month working full time, or €1,300 part time. Of every €100 it takes, about €70 stays with you after running costs.

Can you start a locksmith business alongside a job?

Yes, at a cost. Part time it realistically tops out around €1,300 a month, against €4,000 working full time, and it needs 25–50 hours a week.

Is there a lot of competition?

Competition is low. Low competition here is not luck: it is a barrier doing its job, and barriers cost money or time to clear.

Similar businesses to compare

Sources

Where these numbers come from. Figures are rounded ranges for European markets; check the ones you are about to spend money on. Last checked September 2026.

  1. Master Locksmiths Association — Training FAQs (5-day beginner course about £1,660) money to start · licence
  2. UK Tax Calculators — How much a locksmith earns what it earns

Does it fit you?

These numbers are the average case. Whether this business clears your target depends on your money, your hours and how long you can wait. Put them in and see.

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