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. In terms of revenue, NHance reports higher average unit revenue at $625K. Note: Averaged per franchisee, not per outlet - not comparable with per-outlet figures. FranchiseVerdict rates Noble Locksmith B (Above average) and NHance B (Above average).
| Metric | Noble Locksmith | NHance |
|---|---|---|
| Verdict Grade | BAbove average | BAbove average |
| Investment Range | $82K – $188K | $73K – $194K |
| Franchise Fee | $34K | $23K |
| Royalty Rate | 7.0% | 6.0% |
| Average Revenue (Item 19) | $198K | $625KPer franchisee, not per outlet |
| SBA Charge-Off Rate | Limited data | N/A |
| Total Units | 14 | 209 |
| Unit Growth (YoY) | +2 units | -46 units |
| Year Began Franchising | 2022 | 2013 |
| FDD Year | 2025 | 2026 |
Investment Range
$82K – $188K
$73K – $194K
Franchise Fee
$34K
$23K
Royalty Rate
7.0%
6.0%
Average Revenue (Item 19)
$198K
$625KPer franchisee, not per outlet
SBA Charge-Off Rate
Limited data
N/A
Total Units
14
209
Unit Growth (YoY)
+2 units
-46 units
Year Began Franchising
2022
2013
FDD Year
2025
2026