Noble Locksmith
Noble Locksmith franchises provide onsite automotive key and vehicle access control device replacement, residential locksmith services, and other related services and products using proprietary equipment, tools, and supplies. The business model licenses a system identified by Noble Locksmith trademarks, requiring franchisees to operate in designated territories, conform to operations manuals, and source supplies from approved channels. Target customers include vehicle owners needing key replacements and access services, as well as residential customers requiring locksmith assistance.
Franchise Costs
7% royalty + 1% brand fund + up to $500/mo technology fee
Financial Performance
Item 19 Financial Performance
Data Based On: 9 Operational Franchise Outlets open for the full 2024 Calendar Year as listed in Table 3, page 4.
* Calculated average and median gross revenue from the individual gross sales of 9 Operational Franchise Outlets for the 2024 Calendar Year as presented in Table 3. Gross Sales for the 9 outlets were: $359,248, $224,412, $15,236, $170,373, $190,069, $500,538, $93,749, $182,425, $48,952. Average = $198,333.56, Median = $182,425.00. No basis for Net Income, Net Profit, or EBITDA calculations was provided for franchise outlets (only partial expense data for Google Ads was available, and full expense details including 'franchisee related expenses' were not disclosed).
Extracted Item 19 Section
How Noble Locksmith Compares
Key Insights
- Lower investment than 80% of Home Services franchises
- Lower than average SBA loan default rate in Home Services
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Noble Locksmith Current | $82K – $188K | $34K | 7.0% | 13 |
| MERRY MAIDS | $127K – $166K | $55K | 7.0% | 933 |
| HOLIDAY LIGHTING HEROES | $150K – $177K | $127K | 10.0% | 653 |
| SIGN GYPSIES | $4K – $5K | $1K | N/A | 587 |
| MOSQUITO AUTHORITY | $54K – $128K | $45K | 10.0% | 546 |
| Culligan | $130K – $814K | $40K | 2.0% | 460 |
Home Services Average 130 franchises | $144K – $289K | $53K | 7.0% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 130 Home Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for Noble Locksmith franchisees (2010 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
1 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
1 Contacts Available
Unlock all Noble Locksmith franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a Noble Locksmith franchise ranges from $82,200 to $187,600. This includes a franchise fee of $34,000. Ongoing royalty fees are 7.0% of gross sales.
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