Start a Code Ninjas Franchise in 2024

2024 Franchise 500 Rank: #439 Ranked #316 last year

Initial investment: $177K - $386K

Units as of 2024: 354 5.4% 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.

Company Overview

About Code Ninjas

Industry	Children's Businesses
Related Categories	Children's Enrichment Programs: STEM, Children's Education/Enrichment
Founded	2016
Parent Company	Eagle Merchant Partners
Leadership	Navin Gurnaney, CEO
Corporate Address	3500 Parkway Ln. Peachtree Corners, VA 30092
Social	Facebook, Twitter, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since	2016 (8 years)
# of employees at HQ	25
Where seeking	This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Europe (Western), Canada
# of Units	354 (as of 2024)

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.	$40,000
Initial Investment 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.	$177,000 - $385,500
Net Worth Requirement 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.	$300,000 - $350,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$100,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	10% off franchise fee
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.	8%
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.	2.25%
Term of Agreement 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.	10 years
Is franchise term renewable?	Yes

Financing Options

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	28 hours
Ongoing Support	Newsletter Meetings & Conventions Grand Opening Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Ad Templates National Media Regional Advertising Social Media SEO Website Development Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
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.	No
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.	Yes
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.	Yes