Complete investment analysis based on official FDD data
Total Investment
$174,750 – $298,250
Franchise Fee
$40,000
Royalty Rate
8.0%
The total initial investment to open a Code Ninjas franchise ranges from $174,750 to $298,250, as disclosed in their Franchise Disclosure Document. This includes the one-time franchise fee of $40,000.
Midpoint estimate: $236,500
$40,000
One-time initial fee
The Code Ninjas franchise fee is a one-time upfront payment made to the franchisor when you sign the franchise agreement. This fee grants you the right to operate under the Code Ninjas brand and is included in the total initial investment range above.
Royalty Fee
8.0%
of gross revenue
Ad/Marketing Fund
2.25%
of gross revenue
Total Ongoing Fee Burden: 10.2% of gross revenue
Combined royalty and advertising fund contributions before any other fees.
| Fee Type | Rate | Type | Notes |
|---|---|---|---|
| Learning Center Royalty Fee | 8.0 | PCT | Due at the time of transaction. Net Sales includes all revenue from sale of Services and Products and all other income related to the Learning Center, excluding sales taxes and refunds. |
| Studio Center Royalty Fee | 12.0 | PCT | Due at the time of transaction for Studio Center format. |
| Marketing Contribution | 2.25 | PCT | Contributions are contributed to the Brand Marketing Development Fund. See Item 11 for local marketing spend obligation. |
| Technology Fee | 350.0 | FIXED | Covers administrative costs of technology services and licenses. Franchisor has right to increase annually by 10%. Additional fees to third party technology vendors may apply. |
| Supplier/Vendor or Supplies Approval | N/A | VARIABLE | Only due if franchisee proposes a new supplier or vendor not previously approved. Includes cost of inspection of supplier's facilities and/or test of supplier's samples, plus reasonable related expenses. |
| Product and Equipment Purchases | N/A | VARIABLE | Charged for products and equipment franchisee purchases from or through franchisor. Due on delivery or as agreed. |
| Additional and Repeat Initial Training | 750.0 | FIXED | Only due if franchisee wishes to send additional individuals to initial training program beyond those required, or if staff must complete replacement training. |
| Ongoing/Remedial Training | 750.0 | VARIABLE | Currently $500-$1,000 per day per trainer, plus reasonable related expenses. Only due if franchisor requires franchisee to repeat training programs or attend additional ongoing training. |
| Convention Fee | 750.0 | FIXED | Current annual convention fee is $750 per attendee (early bird pricing). Franchisor reserves right to increase. Controlling interest holder and Designated Principal must attend. Franchisee responsible for travel, room and board, and employee expenses. |
| Inspection or Audit | N/A | VARIABLE | Includes travel, lodging, wages expenses, and reasonable accounting and legal costs. Due if franchisee did not timely provide sales reports, understated sales by 2% or more, or did not maintain/provide access to records. |
| Interest | 1.5 | PCT | Only due if franchisee does not make proper payment on time. Interest accrues from when payment was initially due. Will not exceed maximum rate under state law if applicable. |
| Renewal Fee | 3500.0 | FIXED | Due on signing of Renewal Agreement instead of a new initial franchise fee. |
| Controlling Ownership Interest Transfer Fee | 5000.0 | FIXED | Only due if franchisee proposes a transfer. For transfer on disability or death, no fee charged but franchisee must reimburse reasonable out-of-pocket expenses. |
| Management Fee | 275.0 | FIXED | Payable if franchisor takes over temporary operation of Learning Center on death or incapacity of Designated Principal. Covers cost of Center Director wages, travel and room and board only. |
| Non-Controlling Ownership Interest Transfer Fee | 2500.0 | FIXED | Due for transfers of Non-Controlling Ownership Interests and transfers to franchisee's wholly owned entity. |
| Relocation Fee | 5000.0 | FIXED | Only due if franchisee proposes to relocate franchise. $5,000 plus reasonable expenses. |
| Cost of Enforcement or Defense and Damages | N/A | VARIABLE | Includes reasonable accounting and attorneys' fees. Due if: (i) franchisee in default and franchisor enforces/terminates agreement; (ii) franchisor successfully defends claims; or (iii) franchisor incurs costs in franchisee's defense (except where caused solely by franchisor's gross negligence or willful misconduct). |
| Insurance | N/A | VARIABLE | Only due if franchisee fails to purchase required business insurance and franchisor exercises right to buy insurance (not obligated to do so). |
| Indemnification | N/A | VARIABLE | Only due if indemnification clause is invoked. Franchisee must defend suits at own cost and hold franchisor harmless against suits involving damages from franchisee's operation. |
| Administrative Fee - Insufficient Funds | 100.0 | FIXED | Charged if franchisee does not maintain proper and sufficient balance in ACH account to pay all fees due. |
| Administrative Fee - Cure of Default | 10.0 | PCT | If franchisor takes any action to cure franchisee's default, franchisee must pay administrative fee in addition to reimbursements. |
| Reimbursements | N/A | VARIABLE | Franchisee must pay franchisor any amounts franchisor has paid, become obligated to pay, and/or chooses to pay on franchisee's behalf. |
| Non-Compliance Fee | 500.0 | FIXED | Franchisor may charge this fee if franchisee is in default of the Franchise Agreement. |
| Liquidated Damages | N/A | VARIABLE | Payable if franchisor terminates Franchise Agreement based on franchisee's default. Calculated as: (a) average of monthly Royalty Fees and Marketing Contributions for 24 months before termination notice (or fewer if operated less than 24 months); (b) multiplied by lesser of 24 or months remaining in current term. |
Category
Education & Tutoring
Franchise Score
out of 100
Code Ninjas is an after-school and summer camp coding education franchise that teaches programming and computer science skills to children. The company offers game-based coding curriculum delivered through hands-on instruction in a fun, engaging environment.
Mean Revenue
$106,256
per year, per location
Avg. Annual Closure Rate
3.2%
Moderate risk — near industry average
Net Unit Growth
-283 units
From 2022 to 2025
| Year | Start | Opened | Closed | Transfers | End |
|---|---|---|---|---|---|
| 2022 | 283 | +24 | -19 | — | 284 |
| 2023 | 284 | +14 | -5 | — | 262 |
| 2024 | 262 | +18 | -8 | — | 239 |
| 2025 | — | +43 | — | — | — |
Based on the FDD data, here is a data-driven snapshot of the Code Ninjas franchise opportunity:
Overall Score
43/100
Moderate opportunity
Est. Payback Period
N/A
Insufficient data
Risk Level
Medium
3.2% annual closure rate
Code Ninjas shows a moderate score across our evaluation criteria. Careful due diligence is recommended. For a complete analysis including risk factors, deal-breaker flags, and detailed financial modeling, see the full report.
Get the full Code Ninjas franchise intelligence report with risk analysis, deal-breaker alerts, and detailed financial projections.
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