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- 2023 Franchise 500 Rank
#316 Ranked #494 last year
- Initial investment
$181K - $452K
- Units as of 2022
391 138.4% over 3 years
Code Ninjas, which was founded in 2016 and began franchising later that same year, is an education company geared towards children. With more than 250 locations across the U.S., Canada, and the United Kingdom, it is one of the largest and fastest-growing kids coding franchises.
As you run your franchise, you will get to teach children how to code and potentially watch them fall in love with it. The perfect candidate for a Code Ninjas franchisee has a passion for imparting knowledge to others and loves working with children. A potential franchisee doesn't necessarily need coding experience.
Being a large coding franchise catered to children, Code Ninjas has carved a niche for itself. With their stellar reputation, you will have parents clamoring to have their kids in your classes. In addition, a 2016 study says that 9 out of 10 parentswant their children to learn code and are willing to pay for it. With technology at an unfathomable peak in our lives, parents are probably only more likely to want their children to learn the trade.
Why You May Want to Start a Code Ninjas Franchise
If you love the idea of equipping children with a new skill, then opening a Code Ninjas franchise may be for you. Since its founding, Code Ninjas has been committed to teaching children to code in a fun way, while striving to ensure that parents see results. As a Code Ninjas franchisee, you can help children learn a highly marketable and valuable skill and instill a genuine love for coding in them, along with growing confidence in themselves.
Code Ninjas has shown that children can indeed learn and love to code with their proven teaching methods. Their classes include after-school programs, camps, and parents-night-out events. The ninjas (students) work with their senseis (teachers) to improve their coding knowledge and work through the programs, earning higher belts or achievement levels as they progress.
What Might Make a Code Ninjas Franchise a Good Choice?
Code Ninjas has a flexible business model with lower startup costs and scaled-back requirements known as Code Ninjas Studio Concept. With lower overhead and the brand's infrastructure, including development and support from in-house education, technology, operations, and marketing teams, you may be up and running business in no time.
To be part of the Code Ninjas team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should be prepared for ongoing fees that will include royalty and potential renewal fees.
You may want to consider reaching out to a financial advisor or attorney in order to ensure that you have the necessary funds to operate a Code Ninjas franchise.
How To Open a Code Ninjas Franchise
To own a Code Ninjas franchise, you will first need to submit an inquiry form. Then, if you qualify, a franchise representative may follow up with you to help you through the process. With their help, you will thoroughly review the Franchise Disclosure Document and ask any lingering questions you may have.
Once you have signed on board, selected a business site, and developed a business and marketing plan, you will also go through a multi-day training intending to equip you with the necessary skills and information to successfully run a Code Ninjas franchise.
About Code Ninjas
- Children's Businesses
- Related Categories
- Children's Education/Enrichment
- Parent Company
- Justin Nihiser, CEO
- Corporate Address
2880 Broadway Bend Dr.
Pearland, TX 77584
- Franchising Since
- 2016 (7 years)
- # of employees at HQ
- Where seeking
This company is offering new franchisees throughout the US.
This company is offering new franchisees in the following international regions: Europe (Western), Canada
- # of Units
- 391 (as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Code Ninjas franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $181,167 - $451,950
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
- $300,000 - $350,000
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 10% off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Code Ninjas has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- Classroom Training
- 30 hours
- Ongoing Support
NewsletterMeetings & ConventionsGrand OpeningSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Ad TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in ownership opportunities like Code Ninjas? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Code Ninjas landed on this year’s Franchise 500 Ranking versus previous years.
Curious to know where Code Ninjas ranked on other franchise lists? Find out below.
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