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LAST UPDATED: March 15, 2023FRANCHISE WEBSITE:&nbsp;<a href="https://www.codeninjasfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-code-ninjas-franchise-costs-fees-profit-and-data-2721825" target="_blank" rel="nofollow">https://www.codeninjasfranchise.com/</a>NUMBER OF LOCATIONS:&nbsp;243REPORTED COST TO GET IN:&nbsp;$181,367 to $457,850REPORTED ROI (Item 19):&nbsp;N/A<a href="https://www.codeninjasfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-code-ninjas-franchise-costs-fees-profit-and-data-2721825" target="_blank" rel="nofollow">Code Ninjas</a> is a child-focused educational program that teaches kids a variety of subjects such as computer programming, coding, math, logic and teamwork. Its curriculum also teaches kids to code using well-known industry games: Minecraft and Roblox.How Many Code Ninjas Locations Are There?Code Ninjas was founded in 2016 by computer programmer&nbsp;<a href="https://www.linkedin.com/in/originalcoder?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-code-ninjas-franchise-costs-fees-profit-and-data-2721825" target="_blank" rel="nofollow">David Graham</a> in Pearland, Texas. Graham had previously started another business called Coder Camps, which was a program that taught adults how to be successful software developers. After becoming a father, Graham realized that he should turn his efforts toward providing quality coding programs for children. By starting early, coding can teach children valuable life skills, such as logical thinking, resourcefulness and problem solving. So, Graham adapted what he had built with Coder Camps and made it more kid-friendly with the creation of Code Ninjas, a program that taught coding lessons through video game development.&nbsp;The concept was a hit, and Graham started franchising Code Ninjas in 2017. In just one year, the company expanded to include 25 centers open and over 225 more in development. Today, there are 243 Code Ninjas locations around the United States, Canada and the United Kingdom.&nbsp;The 2023 Franchise 500 ranked Code Ninjas as&nbsp;<a href="https://www.prnewswire.com/news-releases/code-ninjas-ranked-on-entrepreneurs-2023-franchise-500-list-for-3rd-consecutive-year-301718797.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-code-ninjas-franchise-costs-fees-profit-and-data-2721825" target="_blank" rel="nofollow">No. 316</a>, up 178 spots from the brand's ranking the year previous.&nbsp;What Is the Code Ninjas Business Model?Code Ninjas franchisees operate from a fixed retail location, ranging from 1,200 to 2,400 square feet. From there, they will offer a proprietary curriculum that teaches kids to code by building video games they love in a fun, safe and inspiring environment.Code Ninjas franchisees can also add an optional&nbsp;<a href="https://www.codeninjas.com/ajax-on-ca/dojo-2-go?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-code-ninjas-franchise-costs-fees-profit-and-data-2721825" target="_blank" rel="nofollow">Dojo2Go mobile “edutainment” trailer</a> to their franchise. “Dojo2Go” enables franchisees to “host external gaming events and parties for schools, businesses and other events within their respective territory.”How Much Can Code Ninjas Franchise Owners Make?Code Ninjas Holdings LLC does not disclose any individual retail location sales in Item 19 of their Franchise Disclosure Document (FDD). However, if you are purchasing an existing outlet, the company may provide you with the actual financial records of that outlet.How Much Does It Cost to Open a Code Ninjas?The estimated total investment necessary to begin operation of a Code Ninja franchise ranges from $181,367 to $457,850. You also have the option to pay an additional $80,000 to $100,000 if you choose to add an optional Dojo2Go mobile “edutainment” trailer to your franchise.<figure class="table"><table><tbody><tr><td>Initial Franchise Fee &nbsp;Business Licenses and Permits &nbsp;Leasehold Improvements &nbsp;Fixtures, Furnishings and Equipment &nbsp;Computer and Point of Sale System &nbsp;Architect/Engineering Fees &nbsp;Rent, Security Deposits and Utility Deposits &nbsp;Other Professional Fees &nbsp;Insurance Deposit &nbsp;Initial Inventory of Product and Supplies &nbsp;Training Expenses &nbsp;Signage &nbsp;Grand Opening Advertising &nbsp;Additional Funds (For the Initial Three Months of Operations) &nbsp;Total Estimated Investment</td><td>$35,000 to $35,000 &nbsp;$200 to $1,000 &nbsp;$54,500 to $234,000 &nbsp;$29,000 to $55,000 &nbsp;$3,100 to $5,050 &nbsp;$2,500 to $10,000 &nbsp;$20,567 to $40,500 &nbsp;$700 to $4,000 &nbsp;$1,000 to $2,500 &nbsp;$5,000 to $12,000 &nbsp;$1,500 to $5,000 &nbsp;$5,800 to $16,300 &nbsp;$7,500 to $7,500 &nbsp;$15,000 to $30,000 &nbsp;$181,367 to $457,850</td></tr></tbody></table></figure>What Is the Franchise Fee for Code Ninjas?The Initial Franchise Fee at Code Ninjas is $35,000. This is the upfront fee that must be paid when opening a Code Ninja franchise.<ul><li>Minimum Net Worth must be equal to or greater than total initial investment.</li><li>Liquidity or liquidity access available to invest should be a minimum of 30% ($100K–150K+) of total initial investment.</li><li>Credit score above 650.</li></ul>Who’s On Code Ninjas’ Leadership Team?<ul><li><a href="https://www.linkedin.com/in/justinnihiser?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-code-ninjas-franchise-costs-fees-profit-and-data-2721825" target="_blank" rel="nofollow">Justin Nihiser—Chief Executive Officer</a></li><li><a href="https://www.linkedin.com/in/barry-gibson-a0297413b?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-code-ninjas-franchise-costs-fees-profit-and-data-2721825" target="_blank" rel="nofollow">Barry Gibson—VP of Finance</a></li><li><a href="https://www.linkedin.com/in/michael-mercado-shadow?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-code-ninjas-franchise-costs-fees-profit-and-data-2721825" target="_blank" rel="nofollow">Mike Mercado—VP of Operations</a></li><li><a href="https://www.linkedin.com/in/wgrantsmith?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-code-ninjas-franchise-costs-fees-profit-and-data-2721825" target="_blank" rel="nofollow">Grant Smith—VP of Education</a></li><li><a href="https://www.linkedin.com/in/john-kutac-56a0621?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-code-ninjas-franchise-costs-fees-profit-and-data-2721825" target="_blank" rel="nofollow">John Kutac—VP of Franchise Operations</a></li><li><a href="https://www.linkedin.com/in/matthewwrogers?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-code-ninjas-franchise-costs-fees-profit-and-data-2721825" target="_blank" rel="nofollow">Matt Rogers—VP of Marketing</a></li></ul>What Helpful Articles Can I Read to Learn More About Code Ninjas?<ul><li><a href="https://www.prnewswire.com/news-releases/code-ninjas-ranked-on-entrepreneurs-2023-franchise-500-list-for-3rd-consecutive-year-301718797.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-code-ninjas-franchise-costs-fees-profit-and-data-2721825" target="_blank" rel="nofollow">Code Ninjas Ranked on Entrepreneur's 2023 Franchise 500® List for 3rd Consecutive Year</a></li><li><a href="https://www.prnewswire.com/news-releases/code-ninjas-launches-new-app-announces-partnership-to-enhance-registration-experience-301689997.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-code-ninjas-franchise-costs-fees-profit-and-data-2721825" target="_blank" rel="nofollow">Code Ninjas Launches New App, Announces Partnership to Enhance Registration Experience</a></li><li><a href="https://www.prnewswire.com/news-releases/code-ninjas-taps-seasoned-marketing-exec-to-further-develop-international-brand-awareness-301754216.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-code-ninjas-franchise-costs-fees-profit-and-data-2721825" target="_blank" rel="nofollow">Code Ninjas Taps Seasoned Marketing Exec to Further Develop International Brand Awareness</a></li><li><a href="https://finance.yahoo.com/news/code-ninjas-expands-footprint-multi-141300731.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-code-ninjas-franchise-costs-fees-profit-and-data-2721825" target="_blank" rel="nofollow">Code Ninjas Expands Footprint with Multi-Unit Deal in Northeast Florida</a></li></ul>Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

Franchise Deep Dive: Code Ninjas Franchise Costs, Fees, Profit and Data

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