Startup cost: $500 - $5k

The low-end estimate covers basic tools like lock picks, tension wrenches, and a basic key duplicator. It also includes a small budget for initial advertising on platforms like Facebook or Craigslist. The high-end estimate includes advanced tools such as a professional-grade key cutting machine, a wider range of lock picks, a branded vehicle wrap for mobile services, a professional website, and a larger advertising budget. Essential costs include basic tools and some form of advertising, while optional costs involve advanced equipment and professional branding. Hidden fees might include insurance, licensing, and ongoing advertising costs. Many online communities suggest that while starting costs can be low, expenses can increase as the business grows and more services are offered.