How much revenue does a CODE NINJAS franchise make?

CODE NINJAS does disclose financial performance data (Item 19) in their 2026 FDD, including average and median gross revenue figures. Get full access to see the exact revenue numbers and detailed financial breakdown.

How many CODE NINJAS franchise locations are there?

As of the 2026 FDD, CODE NINJAS has 238 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. We have historical SBA 7(a) loan data on file including approval counts, average loan amounts, and default rates. Get full access to see the complete SBA loan history.

Is CODE NINJAS a good franchise to buy?

CODE NINJAS shows several positive indicators: established brand with 238+ 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.

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We extract fees, Item 19 financials, franchisee contacts, SBA default rates, litigation, and outlet data from every FDD — so you can compare brands in minutes, not months. Used by multi-unit operators, consultants, and franchise development teams.

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.

FDD Year:

238locations

$174K–$266K

Since 2016

Education & TrainingPeachtree Corners, GAEagle Merchant Partnerswww.codeninjas.comDisclaimer

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Franchise Costs

Franchise Fee

$45,000

Initial Investment

$174,250 – $265,750

Royalty Rate

8.25%

Brand Fund

2.00%

Fixed Monthly Fees

$700 – $700

8.25% royalty + 2.0% marketing contribution + $350/mo marketing + $350/mo technology

Financial Performance

Item 19 Financial Performance

Average Gross Revenue

$235,927

Median Gross Revenue

$215,939

Top Quartile Revenue

$380,055.88

Bottom Quartile Revenue

$122,052.84

Data Based On: 224 franchised Code Ninjas Centers and Studios for 2025, excluding those opened or closed during 2025 or company-owned.

* average_gross_revenue and median_gross_revenue are taken directly from the 'All Overall' row of Table 1. revenue_top_quartile is a weighted average of 'Top 25%' segments from Center (55 units * $383,473) and Studio (2 units * $286,085) divided by total top units (57). revenue_bottom_quartile is a weighted average of 'Lower 25%' segments from Center (55 units * $121,146) and Studio (2 units * $146,991) divided by total bottom units (57).

Extracted Item 19 Section

Avg. Revenue: $235,927

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How CODE NINJAS Compares

Key Insights

Higher investment than 77% 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	$174K – $266K	$45K	8.3%	238
Mathnasium	$113K – $150K	$49K	10.0%	995
MATHNASIUM LEARNING CENTERS; MATHNASIUM CENTERS,	$113K – $150K	$49K	10.0%	968
SYLVAN LEARNING, SYLVAN LEARNING CENTER, SYLVAN	$118K – $288K	$47K	11.0%	433
CLUB Z!	$41K – $57K	$27K	6.0%	319
SOCCER SHOTS	$43K – $54K	$37K	7.0%	313
Children's Education & Enrichment Average 39 franchises	$208K – $393K	$42K	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 (2025)

Outlets by state across the United States

Top States

1CA

2FL

3TX

4NJ

5IL

6VA

7GA

8WA

9PA

10OH

11AZ

12MN

13NC

14CT

15MA

+24 more states

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SBA Loan History

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

Total Loans

147

Average Loan

$206,302

Total Volume

$30.3M

Default Rate

7.5%

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.

147 SBA loans on record

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Franchisee Contacts

272 franchisee contacts on file from official FDD filings.

272 Contacts Available

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Due Diligence

Litigation (Item 3)

Franchisee Cases0

No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations

Non-Renewals

Reacquired

Ceased Ops

Transfers

Sold to Franchisees

Projected New

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Frequently Asked Questions

The total initial investment to open a CODE NINJAS franchise ranges from $174,250 to $265,750. This includes a franchise fee of $45,000. Ongoing royalty fees are 8.3% of gross sales.