Quick Verdict · who it fits
Noble Locksmith fits first-time franchise buyers looking for an emerging home services concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$82K - $244K
Franchise fee (Item 5)
$34K
Royalty (Item 6)
7–10% + 2% ad
System size (Item 20)
13 +4
Agreement term
10 yrs
Years in business
5+ yrs
Training (Item 11)
10 days
Company-owned units
1
Item 3 litigation
1 suit
Model Noble Locksmith's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
Buyer qualifications
✓Exclusive territory•Owner-operator required✓No bankruptcy disclosed•1 Item 3 case
Data extracted from the 2025 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Drag to your projected annual sales. Royalty 7–10% + ad fund 2% on gross sales.
PROJECTED ANNUAL SALES$500,000
$100k$2M
Royalty (7–10%)
—
Ad fund (2%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
Free AI summary — the first read on the filing.
14
Total units open
2
Units opened last year
2
Units closed last year
0
Net unit growth
2024 year-over-year
What our analysis flagged across the 2025 filing.
5
Risks to review
2
Strengths identified
4
Questions to ask
How Noble Locksmith ranks against 254 Home Services peers we've analyzed.
Initial investment
19th pct · of 254 peers
Franchise fee
16th pct · of 254 peers
System size
21st pct · of 254 peers
Home Services industry averages
Avg investment
$156K - $287K
Avg franchise fee
$52K
Avg system size
150
Franchises analyzed
254
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Noble Locksmith | Disclosed | $34K | $82K - $244K | 7–10% | 13 |
| Lawn PrideSimilar price | Disclosed | $48K | $141K - $244K | 8% | 42 |
| BranchesBiggest system | Disclosed | $68K | $80K - $114K | 6% | 8,086 |
| CBDTop-rated in category | Disclosed | $20K | $154K - $511K | 7.25% | 84 |
Not sure Noble Locksmith is the one?
Answer five questions and get matched against 2,000+ analyzed FDDs — including every Home Services brand we cover. Free, no account needed.
Free explainers to go deeper before you sign.
Brand Analysis
Home Instead's most recent Item 19 reports a $2.26M median across 603 franchised territories — among the highest senior-care AUVs disclosed. The low investment ($91K-$270K) makes the AUV-to-investment ratio one of the strongest in any franchise category.
Brand Analysis
Home service franchises offer lower overhead than restaurants and strong recession resistance. Compare investment costs, royalties, and territory sizes across plumbing, cleaning, restoration, lawn care, HVAC, and handyman brands.
Brand Analysis
HomeVestors' 2026 FDD reports a $287K median across 898 franchised territories — but the unit-economics story is unique: the franchisee buys houses, renovates, and resells. Revenue is one metric; capital deployment and inventory cycle are the real ones.
Noble Locksmith requires a $34,000 initial franchise fee and a total initial investment range of $82,200–$243,600, per the most recent FDD on file.
Noble Locksmith is franchised by Noble Franchising, Inc, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.
Yes. Noble Locksmith discloses Item 19 financial performance representations in its FDD. See the financials sub-page for the disclosed figures.
Franchisees pay a royalty of 7.0% to 10.0% and an advertising fund contribution of 2% on gross sales as defined in Item 6 of the FDD.
As of their 2025 FDD, Noble Locksmith has 13 total locations, with 4 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
Yes. Noble Locksmith's most recent FDD documents approximately 10 days of initial training, typically split between classroom and on-site components. See Item 11 of the FDD for the full training and support schedule.
Yes. Noble Locksmith grants franchisees an exclusive territory under Item 12 of the FDD. Note that exclusive territories often carve out online sales, alternative distribution channels, and non-traditional venues — review the full Item 12 language before signing.
Per the FDD, Noble Locksmith discloses an initial agreement term of 10 years, a renewal fee of $10,000, a transfer fee of $15,000. Review Items 10 and 17 for the full renewal and termination provisions.
This page is part of VetMyFranchise. View all pages: llms.txt · llms-full.txt