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