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Old 03-15-2008, 02:51 AM   #1042 (permalink)
Mmichael13

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Join Date: Oct 2006
Location: Bayside, NY
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Key blanks are another product that us hardware guys make 1000% on.

Basic key blank @ cost = 11 cents
Suggested Retail = $1.00 - $2.00

Medeco key blank= 16 cents
Suggest retail = $4.50-$6.00

Mul-t-lock cost= 50cents
Retail- Anywhere from 11 to 16 dollars.

Most key machines are purchased for a fraction of their original price at auctions, or given [I've seen this 4-5 times] to opening hardware stores from supers, porters, or people who used to own hardware stores. So its not like the prices of keys are evening the price of the machine.

Most shit at your 'mom and pop' hardware store is priced in accordance to the customer, but usually always overpriced. Keys are a huge rip off tho.
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