Mobile Notary Service Business - Business Ideas

Updated: September 15th, 2022
A Mobile Notary Service Business

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

A mobile notary, also known as a traveling notary, is someone who travels between locations to ensure that the notarization process is completed properly. A mobile notary meets with clients personally and completes all paperwork on-site.

A mobile notary verifies the signer's identity, witnesses the signing of documents, and puts his signature and stamp on the document.

You can easily promote Mobile Notary services on your webpage. Mobile Notaries that help with mortgage closings can earn $75-200 per appointment.

Ing a Mobile Notary Service Business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell mobile notary service, or selling mobile notary service online, you can use this page as a guide for everything you'll need to know.

Key Stats

market size
$66B
starting costs
$11.7K
gross margin
90%
time to build
210 days

Startup Costs

Min Startup Costs Max Startup Costs

Office Space Expenses

$0

$7,000

Employee & Freelancer Expenses

$150

$250

Website Costs

$223

$7,015

Business Formation Fees

$600

$4,700

Software Expenses

$162

$2,894

Advertising & Marketing Costs

$0

$1,400

Total Startup Costs

$1,135

$23,259

Successful Businesses

Business URL Rank

123notary

123notary.com

212,315

BANCSERV

bancserv.net

676,446

SUPERIOR NOTARY SERVICES

superiornotaryservices.com

714,267

Notary Pro

notarypro.ca

1,039,785

Certified Mobile Notary Service

certifiedmobilenotaryservice.com

1,070,202

atlnotary.com

atlnotary.com

1,251,141

Nationwide Signing Services

nssnotary.com

1,445,687

Home Page

theclosingexchange.com

1,836,624

@AfterHoursVA

afterhoursva.com

2,086,709

Become an Ohio Notary Public

becomeanohionotary.com

2,445,778

24 Hour Mobile Notary DC Maryland Virginia & Apostille

dmvnotarymobile.com

2,717,948

Pros & Cons

Pros Description

Flexibility

You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.

Ability to start your business from home

It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!

Little startup costs required

The cost to start a Mobile Notary Service Business costs significantly less money than most businesses, ranging anywhere from 62 to 23,259.

Rewarding work

Starting a Mobile Notary Service Business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.

Scalable

With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.

No overhead costs

To get your Mobile Notary Service Business started, there are no costs associated with overhead, storage, packaging, etc. This will save you a lot of time and money!

Cons Description

Crowded Space

Competition is high when it comes to your Mobile Notary Service Business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.

Longer Sales Process

A Mobile Notary Service Business can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.

Work can be inconsistent

As a Mobile Notary Service Business, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have.

Lack of benefits

With a Mobile Notary Service Business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.

Isolation

Often times, as a Mobile Notary Service Business, you typically work alone and do not have much face-to-face interaction with other team members.

Taxes

As a Mobile Notary Service Business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.