CODE NINJAS
Code Ninjas franchises operate learning centers (and smaller studio centers) that provide child-focused educational programs in computer programming, coding, math, logic, reasoning skills, teamwork, and other STEM-related activities, along with branded merchandise such as t-shirts and hoodies. The business model involves franchising these centers to qualified operators who follow the system's standards, procedures, curriculum, and proprietary marks. The target market is parents seeking enriching educational experiences for children in technology and STEM fields.
Franchise Costs
8% royalty + 2.25% marketing fund + $350/mo technology fee
Financial Performance
Item 19 Financial Performance
Data Based On: Data for 227 franchised Learning Centers and Studio Centers that were open and operational for at least 12 months before the calendar year 2024 start date (2024 calendar year).
* Average Gross Revenue: Calculated as the weighted average of 'Center Overall' and 'Studio Overall' average gross sales. (214 Center units × $241,242 + 13 Studio units × $187,848) / (214 + 13) = $238,184. This matches the 'All Locations - Overall' average in the table. Revenue Top Quartile: Calculated as the weighted average of 'Center Top 25%' and 'Studio Top 25%' average gross sales. (54 Center Top 25% units × $381,693 + 3 Studio Top 25% units × $269,422) / (54 + 3) = $375,784. Revenue Bottom Quartile: Calculated as the weighted average of 'Center Lower 25%' and 'Studio Lower 25%' average gross sales. (54 Center Lower 25% units × $125,353 + 4 Studio Lower 25% units × $126,789) / (54 + 4) = $125,452. No net income, net profit, or EBITDA figures are provided, nor are there sufficient details (e.g., specific expense breakdowns or profit margins) to estimate a profit range.
Extracted Item 19 Section
How CODE NINJAS Compares
Key Insights
- Higher investment than 82% of Children's Education & Enrichment franchises
- Top 10 largest franchise system in Children's Education & Enrichment
- Lower than average SBA loan default rate in Children's Education & Enrichment
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
CODE NINJAS Current | $175K – $298K | $40K | 8.0% | 239 |
| Mathnasium | $113K – $150K | $49K | 10.0% | 995 |
| MATHNASIUM LEARNING CENTERS; MATHNASIUM CENTERS, | $113K – $150K | $49K | 10.0% | 968 |
| SYLVAN LEARNING, SYLVAN LEARNING CENTER, SYLVAN | $108K – $239K | $37K | 11.0% | 469 |
| CLUB Z! | $41K – $57K | $27K | 8.0% | 328 |
| SOCCER SHOTS | $43K – $54K | $37K | 7.0% | 306 |
Children's Education & Enrichment Average 39 franchises | $205K – $385K | $41K | 7.7% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 39 Children's Education & Enrichment franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+24 more states
SBA Loan History
Historical SBA 7(a) loan data for CODE NINJAS franchisees (2018 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
277 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
277 Contacts Available
Unlock all CODE NINJAS franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Non-compete enforcement and termination dispute with counterclaims for rescission based on alleged misrepresentations in franchise sale.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a CODE NINJAS franchise ranges from $174,750 to $298,250. This includes a franchise fee of $40,000. Ongoing royalty fees are 8.0% of gross sales.
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