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FranchiseVerdict

Noble Locksmith vs NHance

Franchise Comparison 2026

Both Noble Locksmith and NHance are home services franchises. Noble Locksmith requires an investment of $82K – $188K while NHance requires $73K – $194K. FranchiseVerdict rates Noble Locksmith B (Above average) and NHance A (Strongest tier).

Investment Range
$82K – $188K
$73K – $194K
Franchise Fee
$34K
$39K
Royalty Rate
Greater of 7% of Gross Sales or Minimum Weekly Royalty (ranging from $350-$500/wk for 1 territory, higher for additional territories); 10% for Out of Territory Customer Gross Sales
Greater of (1) 6% of Gross Revenue or (2) the Minimum Monthly Royalty ($0 months 0-3, $450 months 4-9, $900 month 10+ for Traditional; $0/$225/$450 for Small Market)
Average Revenue (Item 19)
N/A
N/A
SBA Charge-Off Rate
Limited data
N/A
Total Units
14
209
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2022
2013
FDD Year
2025
2026