When pricing a master key system installation, it's essential to account for both labor and materials. Hourly rates for this service typically range from $15 to $100 per hour, depending on the complexity of the job and the expertise required. For larger, more intricate systems, expect to charge a fee that reflects more time and design effort.
Contractors should have a clear understanding of the number of cylinders being master keyed and the hours necessary for planning and execution. Pricing tiers can help standardize costs across different projects while ensuring profitability. Always remember to include a margin for overhead in your final quotes, as this can significantly impact your bottom line.
