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CODE NINJAS

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.

Since 2016Education & TrainingPeachtree Corners, GAEagle Merchant Partnerswww.codeninjas.com
Item 19 AvailableSBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$174,750 - $298,250
Franchise Fee
$40,000
Locations
239

Financial Requirements

Franchise Fee$40,000
Initial Investment Range$174,750 - $298,250
Royalty Rate8.00%
Brand Fund2.25%
Fixed Monthly Fees$350 - $350

8% royalty + 2.25% marketing fund + $350/mo technology fee

Franchise Stats

Franchise Locations239
Corporate Locations5
States Operating40
Franchising Since2016
FDD Year2025

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$238,184
Median Gross Revenue
$220,751
Top Quartile Revenue
$375,784
Bottom Quartile Revenue
$125,452

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 to Other Children's Education & Enrichment Franchises

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
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
CODE NINJAS
Current
$175K - $298K$40K8.0%239
Mathnasium$113K - $150K$49K10.0%995
MATHNASIUM LEARNING CENTERS; MATHNASIUM CENTERS,$113K - $150K$49K10.0%968
SYLVAN LEARNING, SYLVAN LEARNING CENTER, SYLVAN$108K - $239K$37K11.0%469
CLUB Z!$41K - $57K$27K8.0%328
SOCCER SHOTS$43K - $54K$37K7.0%306
Children's Education & Enrichment Average
39 franchises
$205K - $385K$41K7.7%-

* 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

Top States by Outlet Count
1CA
51
2TX
29
3FL
22
4NJ
16
5GA
11
6IL
11
7VA
10
8NC
7
9PA
7
10OH
6
11WA
6
12CT
5
13AZ
5
14UT
5
15CO
5

+24 more states

SBA Loan History

Historical SBA 7(a) loan data for CODE NINJAS franchisees (2018 - 2025)

Total Loans
147
Average Loan Amount
$206,302
Total Loan Volume
$30,326,400
Default Rate
7.5%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases1

Non-compete enforcement and termination dispute with counterclaims for rescission based on alleged misrepresentations in franchise sale.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
8
Non-Renewals
20
Reacquired by Franchisor
0
Ceased Operations (Other)
13
System Transfers
25
Sold to Franchisees
0
Projected New Franchises
43

Frequently Asked Questions

How much does it cost to open a CODE NINJAS franchise?

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.

How much revenue does a CODE NINJAS franchise make?

According to the 2025 FDD, the average gross revenue for a CODE NINJAS franchise is $238,184. The median revenue is $220,751.

How many CODE NINJAS franchise locations are there?

As of the 2025 FDD, CODE NINJAS has 239 franchise locations. The company has been franchising since 2016.

Can you get an SBA loan for a CODE NINJAS franchise?

Yes, SBA loans are available for CODE NINJAS franchises. Historical data shows 147 SBA 7(a) loans have been approved for CODE NINJAS franchisees, with an average loan amount of $206,302. The historical default rate is 7.5%.

Is CODE NINJAS a good franchise to buy?

CODE NINJAS shows several positive indicators: established brand with 239+ locations, transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Interested in CODE NINJAS?

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