Noble Locksmith vs THE GROUNDS GUYS
Franchise Comparison 2026
Both Noble Locksmith and THE GROUNDS GUYS are home services franchises. Noble Locksmith requires an investment of $82K – $244K while THE GROUNDS GUYS requires $89K – $235K. In terms of revenue, THE GROUNDS GUYS reports higher average unit revenue at $811K. THE GROUNDS GUYS has SBA lending data on file with a 16.4% charge-off rate. FranchiseVerdict rates Noble Locksmith A (Top Quintile) and THE GROUNDS GUYS F (Bottom Quintile).
| Metric | Noble Locksmith | THE GROUNDS GUYS |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | FBottom QuintileBottom Quintile |
| Investment Range | $82K – $244K | $89K – $235K |
| Franchise Fee | $34K | $35K |
| Royalty Rate | Greater of 7% of Gross Sales or Minimum Weekly Royalty Requirements (between $350 and $1,350) | 5-6% of Gross Sales |
| Average Revenue (Item 19) | $258K | $811K |
| SBA Charge-Off Rate | Limited data | 16.4% (232 loans) |
| Total Units | 14 | 225 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2022 | 2010 |
| FDD Year | 2025 | 2024 |
Investment Range
$82K – $244K
$89K – $235K
Franchise Fee
$34K
$35K
Royalty Rate
Greater of 7% of Gross Sales or Minimum Weekly Royalty Requirements (between $350 and $1,350)
5-6% of Gross Sales
Average Revenue (Item 19)
$258K
$811K
SBA Charge-Off Rate
Limited data
16.4% (232 loans)
Total Units
14
225
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2022
2010
FDD Year
2025
2024