Noble Locksmith
Business & Professional Services · Security & Investigations
- Active units
- 13
- Avg unit volume
- $198k
- Royalty
- 7.0%
Franchised, year-end 2024
of weekly Net Sales
About Noble Locksmith
Noble Locksmith Tulsa is your trusted mobile locksmith service serving the Tulsa metro region with reliable automotive, residential, and commercial locksmith solutions. With a focus on customer convenience, we provide on-site assistance for a variety of lock and key needs, ensuring you’re never left stranded. Our comprehensive services include car lockout support, ignition repair, key duplication, and lock rekeying, allowing us to cater to diverse requirements.
Our skilled and insured technicians are equipped to handle typical lock and key challenges, from helping you regain entry into your home or vehicle to providing security upgrades with smart locks. We pride ourselves on using top-quality products from trusted brands like Schlage and Kwikset, ensuring durability and security for our clients.
As a locally-owned and fully-licensed business, Noble Locksmith Tulsa prioritizes professionalism and customer satisfaction. Available Monday to Friday, we aim to provide quick, trustworthy service, making us the go-to locksmith in Tulsa. Reach out today for a free quote or to schedule an appointment!
Key terms
- Franchise fee
$34k
- Multi-Territory Discounts
Per territory fee: 1=$34,000; 2=$32,000; 3=$30,000. Cumulative: $34,000; $64,000; $90,000.
- Brand fund
1.0% of Net Sales
- Local advertising
2.0% of Net Sales
- Veteran discount
10.0% off franchise fee — Initial Franchise Fee for the first Base Territory is discounted by 10% for qualified veterans.
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2025 filing).
Growth
- Total locations13
Franchised units open at year-end
- New openings4
Gross new units opened during the calendar year
- 1-year unit growth rate18.2%
Net unit growth versus prior year
- 3-year unit CAGR108.2%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio2.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$198k
Computed average 2024 Gross Sales across 9 Operational Franchise Outlets shown.
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$135k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open2 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate7.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio1.5×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 17 of 27 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.