Franchise opportunities compared
MEINEKE vs Noble Locksmith
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.
Before you compare
- Both sets of figures come from 2025 FDDs.
- MEINEKE and Noble Locksmith disclose more than one business format, so the investment range spans formats; the full report breaks them out.
- Item 19 figures cover the location groups each FDD names (MEINEKE: 3, Noble Locksmith: 1). Different groups are not directly comparable.
| Disclosure |  MEINEKE |  Noble Locksmith |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $224,898 – $1,200,818 2025 FDD · Item 7 | $82,200 – $217,600 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) | $20,800 Annual minimum royalty 2025 FDD · Item 6 · PDF p. 32 | 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 |
| Brand / advertising fund (Item 6) | $20,000 Initial advertising contribution 2025 FDD · Item 6 · PDF p. 32 | 1% of percentage of gross sales; currently not assessed Brand Development Fund 2025 FDD · Item 6 · PDF p. 11 |
| System scale & health | ||
| Total outlets (Item 20) | 716 Outlets at end of 2024 2025 FDD · Item 20 · PDF p. 88 | 14 Outlets at end of 2024 2025 FDD · Item 20 · PDF p. 43 |
| Net outlet change (Item 20) | +11 Calculated: 705 at end of 2022 → 716 at end of 2024 | +10 Calculated: 4 at end of 2022 → 14 at end of 2024 |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | Not available Not in reviewed records | 2022 2025 FDD · Item 1 · PDF p. 8 |
| Franchisor founded (Item 1) | Not available Not in reviewed records | 2021 2025 FDD · Item 1 · PDF p. 8 |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | Locations counted not stated in the reviewed record — Franchised Meineke Centers meeting Item 19 Part A criteria $913,607 other for all centers Gross Revenues · 2025 FDD · Item 19 · PDF p. 86 Locations counted not stated in the reviewed record — New franchised Meineke Center first-year ramp $148,140 other 1st Quarter Average Gross Revenues · 2025 FDD · Item 19 · PDF p. 87 Locations counted not stated in the reviewed record — Franchised Meineke Centers meeting Item 19 Part A criteria $75 other Center count of new ramp sample · 2025 FDD · Item 19 · PDF p. 87 | 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 and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.