Security Lock and Key Inc.

What Security Lock and Key Inc. does

Security Lock and Key Inc. is a privately held physical security integrator founded in 1973 by a design engineer who contributed to the original Medeco lock design. The company is headquartered at 3736 Franklin Rd SW, Roanoke, Virginia, and operates a second retail/service location at 1950 Fort Ave., Lynchburg, Virginia (acquired from Hawkins Lock & Key). It serves homeowners, local commercial businesses, schools, and hospitals across the Roanoke Valley, New River Valley, and Lynchburg trade areas of western and central Virginia, holding DCJS license #11-4672.

The company's core offering is the integration of electronic security (alarm systems, access control, video surveillance) with physical security (high-security locks, commercial doors and frames, door hardware) into unified, custom-built security systems rather than standalone product sales. Alarm panels are sourced from Honeywell Home Systems, Bosch, and NAPCO with 24/7 professional monitoring; locks are anchored by an authorized Medeco security center relationship covering mechanical lines (X4, BiLevel, Medeco³) and the Medeco eCylinder electronic platform with audit trails and programmable keys; access control supports proximity/smart cards, keypads, and credential-level permissions; and video surveillance spans IP and analog CCTV with remote viewing. A 2021 smartphone/web home automation layer extends the platform into remote arming, lighting, lock, thermostat, and camera control.

Revenue is generated through a mix of one-time installation and hardware sales (alarm systems, locks, doors/frames, door hardware), recurring monthly monitoring subscriptions ($25/month landline, $30/month wireless), and project-based locksmith services including automotive key/remote work at the Lynchburg location. The go-to-market is direct, sales-led by experienced technicians (averaging 20+ years of commercial security experience) who survey sites and quote custom solutions without high-pressure tactics, supported by phone-based quoting and walk-in retail traffic. The company is bootstrapped, with no disclosed institutional funding, M&A beyond Hawkins, or public market presence.

Name

Security Lock and Key Inc.

Legal name

SECURITY LOCK AND KEY

Website

https://slkva.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

11–50 employees

Short description

Security Lock and Key Inc. is a privately held Virginia-based physical security integrator founded in 1973, supplying integrated alarm, access control, video surveillance, Medeco high-security locks, and commercial doors to homeowners, businesses, schools, and hospitals across the Roanoke Valley, New River Valley, and Lynchburg areas.

Ownership category

akta.pro rank

Product category

Commercial Security Services

NAICS

Locksmiths (561622), Security Systems Services (except Locksmiths) (561621)

SIC

Services-Detective, Guard & Armored Car Services (7381)

akta.pro primary industry

Access Control & Smart Locks (Managed/Monitored) (HSAHAAAG)

akta.pro secondary industries

Residential Smart Lock Hardware (Keypad, Keyless, Biometric, Connected) (HSAHAEAA), Key Management, Duplication & Locksmith Services (HSAHAEAD), Intercom & Video Entry Integration with Smart Locks (HSAHAEAI)

Keywords

• Commercial security systems
• Access control systems
• Video surveillance systems
• High-security locks
• Locksmith services

Headquarters

HQ city

Roanoke

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Security System Installation: One-time installation of custom-built security systems including alarm systems, access control, video surveillance, doors, locks, and door hardware. Products sourced from Honeywell, Bosch, NAPCO, and Medeco manufacturers.
2. 24/7 Monitoring Services: Monthly recurring monitoring services with landline monitoring starting at $25/month and wireless monitoring at $30/month. Trained professionals monitor for break-ins 24 hours a day, 7 days a week and call customers at sign of trouble.
3. Home Security Monitoring: Monthly recurring monitoring for residential customers with trained professionals at central monitoring station watching for signs of trouble 24/7, starting at $25/month.
4. Locksmith Services: Lock rekeying, installation, and repair services for commercial and residential properties. Includes high-security Medeco cylinder installation and automotive keys/remotes (Lynchburg location).
5. Commercial Door Products: Supply of commercial doors (wood and metal), frames, and door hardware including deadbolts, exit devices, door closers, handles, latches, and ADA-compliant hardware.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Security Lock and Key provides integrated physical and electronic security solutions for homes, businesses, schools, and hospitals in Virginia. The company sells, installs, and services alarm systems, access control, video surveillance, Medeco high-security locks, commercial doors and frames, and door hardware, combining locksmithing with electronic security into unified systems tailored to each customer's needs and budget.

Product overview

Security Lock and Key is a physical security services company offering an integrated portfolio of security products and installation services. Their core offerings include alarm systems (Honeywell, Bosch, NAPCO), access control systems, video surveillance (IP and analog CCTV), and high-security Medeco locks (mechanical and electronic eCylinder). They also supply and install commercial doors, frames, and door hardware with ADA compliance. The company provides integrated security solutions combining these products—locksmithing, alarms, access control, and video surveillance—into unified security systems. Services are offered to commercial (businesses, schools, hospitals) and residential customers in Virginia's Roanoke Valley, New River Valley, and Lynchburg areas.

Differentiator

Problem solved

Functional benefit

Products and services

• Alarm Systems

Quantifiable outcome

• 30-day guarantee on work plus manufacturer warranty
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core, secondary and minor.

• MedecocoreTechnology or IntegrationSecurity Lock and Key is an authorized Medeco security center, authorized to sell and install Medeco commercial-grade locks including Medeco X4, BiLevel, Medeco³ mechanical locks, and Medeco eCylinder electronic locks. Medeco's patented keys can only be duplicated by authorized dealers who must match identification, verify authorization, and keep records of every key cut.
• Honeywell Home Systems (Resideo)coreTechnology or IntegrationSecurity Lock and Key offers and installs Honeywell Home Systems for alarm systems with dependable 24/7 monitoring. Honeywell provides the core alarm system technology.
• BoschsecondaryTechnology or IntegrationAlternative alarm system option available from Security Lock and Key, providing customers with choices for their security needs and budget.
• NAPCOsecondaryTechnology or IntegrationAlternative alarm system option available from Security Lock and Key, providing customers with choices for their security needs and budget.
• 434 MarketingminorOthersWebsite development and digital marketing partner credited for the company website (slkva.com).

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Vivint: National smart-home security provider offering professionally installed and monitored alarm, video, and automation systems, applying pricing pressure on regional integrators like SLK in the residential segment.
• Brinks Home: National home security monitoring provider offering professionally installed alarms, video, and smart-home solutions, competing directly with SLK's recurring residential monitoring business.
• ADT: Largest U.S. residential and commercial security monitoring provider with national scale; competes with SLK on residential and SMB monitored alarm and home automation contracts in Virginia.

Direct peers

• Vector Security: Regional/national security systems integrator offering monitored alarms, video surveillance, access control, and home automation solutions to residential and commercial customers with strong recurring monitoring revenue - directly comparable in product mix and recurring-fee model.
• Bates Security: Regional security systems integrator providing commercial and residential alarm systems, access control, video surveillance, and locksmith services across the Southeast U.S., closely matching SLK's integrated offering and customer base.
• Ackerman Security: Mid-Atlantic-based security systems integrator offering monitored alarms, access control, video surveillance, and smart home integration to residential and SMB customers, sharing SLK's regional integrator profile.
• Guardian Protection: Regional/national security systems integrator offering monitored alarms, video surveillance, access control, and home automation to residential and commercial customers across the Mid-Atlantic and beyond.
• Sonitrol: Verified-audio intrusion security and access control provider with a franchise network of regional operators delivering monitored alarm and access control services to commercial and institutional customers.
• Pop-A-Lock: Largest U.S. locksmith franchise network providing residential and commercial lock services, rekeying, and automotive keys; overlaps with SLK's locksmith and Medeco offerings.

Others

• ASSA ABLOY: Global parent of Medeco and leading lock/hardware manufacturer that supplies SLK; relevant as the upstream gatekeeper of SLK's key differentiated technology access.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/security-lock-and-key-inc.

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Security Lock and Key Inc.