Code Ninjas
Education & Child Enrichment · STEM & Enrichment Programs
- Active units
- 238
- Royalty
- 8.3%
Franchised, year-end 2025
of weekly Net Sales
About Code Ninjas
Code Ninjas is a leading brand that offers an enriching coding experience for kids. Through their game-based curriculum, they foster the development of valuable coding skills in a fun and interactive way. With the belief that coding should be both engaging and skill-building, Code Ninjas provides various programs for kids aged 5 to 14. Their best-selling program, Code Ninjas Create, allows kids to build their own video games and debug code, keeping them engaged and challenged. For younger children aged 5 to 7, Code Ninjas Jr. Additionally, they offer Code Ninjas Camps, which transform a child's love for technology into an exciting learning adventure, guided by their team of dedicated Code Senseis. Through their proprietary learning platform IMPACT, Code Ninjas provides live feedback on progress and a tailored learning track. This platform not only teaches coding but also develops essential problem-solving, critical thinking, and logical reasoning skills. Visit Code Ninjas today and unleash your child's inner ninja!.
Key terms
- Franchise fee
$45k
- Development Agreement discount
Initial franchise fee $45,000 for the 1st franchise; $25,000 for the 2nd and all additional franchises under the Development Agreement
- Brand fund
2.0% of Net Sales
- Footprint
1,100 – 1,500 sq ft
- Development Agreement - first Learning Center
$45k
- Development Agreement - each additional Learning Center
$25k
- Veteran discount
10.0% off franchise fee — 10% discount from the initial franchise fee for qualified U.S. military veterans and active-duty personnel
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations238
Franchised units open at year-end
- New openings14
Gross new units opened during the calendar year
- 1-year unit growth rate-0.4%
Net unit growth versus prior year
- 3-year unit CAGR-4.7%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.9×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate-1.6%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$220k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open6 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate8.3%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 268 of 455 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.