Question 1

How many Noble Locksmith franchise locations are there?

Accepted Answer

Noble Locksmith currently has 14 total units, including 13 franchised locations and 1 company-owned locations.

Question 2

Is the Noble Locksmith franchise system growing or shrinking?

Accepted Answer

Noble Locksmith has experienced positive net growth of +16.7% over the past year, with a 3-year compound annual growth rate (CAGR) of +51.8%.

Question 3

What is the franchise vs. company-owned ratio for Noble Locksmith?

Accepted Answer

Noble Locksmith has a franchise ratio of 93%, meaning 93% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Noble Locksmith franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Noble Locksmith had 4 units opened and 2 units closed.