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You might be right, as soon as we buy a lock, it will be forever unless its key is lost.Are you referring to padlocks? Hmmm, don't think it's profitable, I think anything that is not a fast moving items will not give you profits immidiately.
It is still a good business but the location matters a lot.There are so many ways to use these locks. It varies from one purpose to another. It is still a good business unless the automated locks will be in a cheaper price and people can afford them.
Even in my place people continue buying locks. I bought 4 locks the other week for our garage. The old lock was already rusted. I noticed the price doubled.Selling locks is a good business, friend of mine is doing this business and he is earning very reasonable amount, the reason behind this, is the demand of locks are on much more higher side.