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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
7% royalty + 1% brand fund + up to $500/mo technology fee
Franchise Stats
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 to Other Home Services Franchises
Key Insights
- Lower investment than 80% of Home Services franchises
- Lower than average SBA loan default rate in Home Services
| Franchise | Investment Range | Franchise 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 129 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 129 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
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
Unlock Franchisee Contact Database
1 franchisee contacts on file. Upgrade to see names, locations, phone numbers, and matched SBA loan data.
Upgrade to Pro$199/year · Cancel anytime
Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Noble Locksmith franchise?
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.
How much revenue does a Noble Locksmith franchise make?
According to the 2025 FDD, the average gross revenue for a Noble Locksmith franchise is $198,333.56. The median revenue is $182,425.
How many Noble Locksmith franchise locations are there?
As of the 2025 FDD, Noble Locksmith has 13 franchise locations. The company has been franchising since 2022.
Can you get an SBA loan for a Noble Locksmith franchise?
Yes, SBA loans are available for Noble Locksmith franchises. Historical data shows 5 SBA 7(a) loans have been approved for Noble Locksmith franchisees, with an average loan amount of $214,000. The historical default rate is 20.0%.
Is Noble Locksmith a good franchise to buy?
Noble Locksmith shows several positive indicators: transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Noble Locksmith?
Talk to a franchise advisor to get personalized guidance and learn if Noble Locksmith is the right fit for you.
Talk to an Advisor