TEGG Service vs Noble Locksmith
Franchise Comparison 2026
Both TEGG Service and Noble Locksmith are home services franchises. TEGG Service requires an investment of $96K – $225K while Noble Locksmith requires $82K – $244K. Noble Locksmith discloses average revenue of $258K; TEGG Service does not report Item 19 data. FranchiseVerdict rates TEGG Service A (Top Quintile) and Noble Locksmith A (Top Quintile).
| Metric | TEGG Service | Noble Locksmith |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | ATop QuintileTop Quintile |
| Investment Range | $96K – $225K | $82K – $244K |
| Franchise Fee | $75K | $34K |
| Royalty Rate | Between 2.5% and 4.5% of Gross Revenues | Greater of 7% of Gross Sales or Minimum Weekly Royalty Requirements (between $350 and $1,350) |
| Average Revenue (Item 19) | N/A | $258K |
| SBA Charge-Off Rate | N/A | Limited data |
| Total Units | 47 | 14 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2012 | 2022 |
| FDD Year | 2024 | 2025 |
Investment Range
$96K – $225K
$82K – $244K
Franchise Fee
$75K
$34K
Royalty Rate
Between 2.5% and 4.5% of Gross Revenues
Greater of 7% of Gross Sales or Minimum Weekly Royalty Requirements (between $350 and $1,350)
Average Revenue (Item 19)
N/A
$258K
SBA Charge-Off Rate
N/A
Limited data
Total Units
47
14
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2012
2022
FDD Year
2024
2025