Head-to-head comparison
Fitness Machine Technicians vs Noble Locksmith Franchise Opportunities
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
| Disclosure |  Fitness Machine Technicians |  Noble Locksmith |
|---|---|---|
| Estimated initial investment (Item 7) | $65,950 – $127,990 Total 2026 FDD · Item 7 · PDF p. 22 | $82,200 – $243,600 2025 FDD · Item 7 |
| Standard initial franchise fee (Item 5) | Not available No single standard fee identified | $34,000 2025 FDD · Item 5 · PDF p. 10 |
| Royalty (Item 6) | 5% · Percentage of Gross Sales: 6% of the first $499,999 of Gross Sales each calendar year; 5% of Gross Sales in excess of $500,000 each calendar year. Royalty Fee 2026 FDD · Item 6 · PDF p. 15 | Greater of 7% of Gross Sales or minimum weekly royalty requirement; 10% of Gross Sales for Out of Territory Customers Royalty 2025 FDD · Item 6 · PDF p. 11 |
| Total outlets (Item 20) | 141 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 52 | 14 Outlets at end of 2024 2025 FDD · Item 20 · PDF p. 43 |
| Net outlet change (Item 20) | +35 Calculated: 2023–2025 | +13 Calculated: 2022–2024 |
| Financial performance (Item 19), by location group | Locations counted not stated in the reviewed record $489,562 mean Gross Revenue · 2026 FDD · Item 19 · PDF p. 48 | Locations counted not stated in the reviewed record $940,606 other Gross Sales · 2025 FDD · Item 19 · PDF p. 41 |
Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change is a Franopolis calculation from the disclosed counts.