Noble Locksmith franchise
2025 filing · April 28, 2025GrowingShares sales figures
Noble Locksmith at a glance
A locksmith business providing onsite car key replacement and residential locksmith services. At the end of 2024 there were 14 Noble Locksmith locations in the US, 13 franchised and 1 company-owned.
The business
- Franchisor
- Noble Franchising, Inc
- The company that sells the franchises
- Typical size
- About 900 sq ft
What you pay
- Cost to open
- $82K–$188K
- A base territory
- Franchise fee
- $34,000
- For a base territory of about 750,000 people
- Royalty
- 7% + minimum
- The greater of 7% of gross sales or a weekly minimum (from the fourth month), paid weekly; 10% on customers outside your territory
- Brand fund
- None now
- 1% of gross sales, not charged at present
- Agreement length
- 10 years
Where it is
- US locations, 2024
- 14
- Franchised and company-owned
- Franchised
- 13
- Company-owned
- 1
- Change in 3 years
- +13
- Franchised locations, 2022–2024
- States
- 13
- Most in California, Connecticut and Georgia
From Noble Franchising, Inc’s 2025 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Noble Locksmith among all franchises with the same figure.
| Figure | Noble Locksmith | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $134,900 | Costs less than 80% of franchises |
| Franchise feePaid once, when you sign | $34,000 | Lower than 72% of franchises |
| RoyaltyShare of sales paid to the franchisor | 7% | Higher than 70% of brands with a set rate |
| US locationsFranchised and company-owned | 14 | Fewer than 56% of franchises |
How much a Noble Locksmith franchise costs
Opening a base territory costs an estimated $82,200 to $187,600. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.
The biggest costs are construction and leasehold improvements ($0 to $55,000) and is made initial franchise fee ($34,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Is Made Initial Franchise Fee | $34,000 | ||
| Construction and Leasehold Improvements | $0 | $55,000 | |
| Lease Deposits – Three Months | $0 | $12,000 | |
| Equipment | $13,200 | $23,200 | |
| Initial Opening Inventory | $15,000 | $25,000 | |
| Computer, Software and Point of Sales System and Website | $2,500 | $5,000 | |
| Insurance Deposits – Three Months | $450 | $900 | |
| Travel for Initial Training | $3,500 | $5,000 | |
| Professional Fees | $2,000 | $5,000 | |
| Service Vehicle | $1,500 | $2,250 | |
| Licenses and Permits | $50 | $250 | |
| When Due Additional Funds – Three months | $10,000 | $20,000 | |
| Total | $82,200 | $187,600 | |
Source: Noble Franchising, Inc, 2025 filing, page 17
Noble Locksmith franchise fee
The franchise fee is $34,000, for a base territory of about 750,000 people. You pay it when you sign the franchise agreement.
Source: Noble Franchising, Inc, 2025 filing, page 10
Royalty and ongoing fees
| Royalty | The greater of 7% of gross sales or a weekly minimum (from the fourth month), paid weekly; 10% on customers outside your territory. |
|---|---|
| Brand or marketing fund | 1% of gross sales, not charged at present. |
| Technology Maintenance | Up to $500 per month, currently not assessed |
| Transfer | $15,000 |
| Additional Employee Initial Training | Our then current training fee, currently $500 per person per day |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Noble Franchising, Inc, 2025 filing, page 12
Other fees as filed, from pages 12–14. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Noble Locksmith publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Noble Franchising, Inc, 2025 filing, page 40
SBA loans to Noble Locksmith franchisees
Lenders approved one SBA 7(a) loan for a Noble Locksmith franchisee in 2025, for $135K. It hasn’t been paid off or charged off yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How Noble Locksmith compares
Of the 139 mobile franchises on this site, Noble Locksmith is the 56th cheapest to open and the 59th largest by number of locations.
| Figure | Noble Locksmith | Typical mobile brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $82K | $96K | $222K |
| Cost to open, high end | $188K | $167K | $477K |
| Franchise fee | $34K | $35K | $40K |
| Royalty | 7% | 7% | 6% |
| US locations | 14 | 10 | 21 |
| Closed or left per year | 25.8% | 6.6% | – |
| Shares earnings figures | Yes | 91 of 139 | 2,147 of 3,352 |
Typical is the median across the 139 brands in mobile franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2022 | 3 (+3) | 1 | +3 | 0 |
| 2023 | 11 (+8) | 1 | +9 | −1 |
| 2024 | 13 (+2) | 1 | +4 | −2 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Noble Franchising, Inc, 2025 filing, page 45
Where Noble Locksmith locations are
At the end of 2024, Noble Locksmith had locations in 13 states. The most are in California, Connecticut and Georgia.
- California2
- Connecticut1
- Georgia1
- Kentucky1
- Mississippi1
- Nevada1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| California | 1 | 1 | 2 |
| Connecticut | 1 | 0 | 1 |
| Georgia | 1 | 0 | 1 |
| Kentucky | 1 | 0 | 1 |
| Mississippi | 1 | 0 | 1 |
| Nevada | 1 | 0 | 1 |
| New Mexico | 1 | 0 | 1 |
| North Carolina | 1 | 0 | 1 |
| Oklahoma | 1 | 0 | 1 |
| Texas | 1 | 0 | 1 |
All 13 states
| Utah | 1 |
|---|---|
| Virginia | 1 |
| Washington | 1 |
Source: Noble Franchising, Inc, 2025 filing, page 46
Who owns Noble Locksmith?
Noble Locksmith franchises are sold by Noble Franchising, Inc.
From Noble Franchising, Inc’s 2025 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on page 10. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Noble Franchising, Inc, 2025 filing, litigation on page 10, bankruptcy on page 10
Noble Locksmith filings
The figures on this page come from Noble Franchising, Inc’s 2025 filing, issued April 28, 2025, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2025 filing | April 28, 2025 | NASAA depository | Costs, fees and locations, 2022–2024 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other mobile franchises
All mobile franchises
Noble Locksmith is also on these lists: home service franchises.