Franchise Diligence · Free snapshot

Code Ninjas Franchise Review (2026)

Cost, Item 19 earnings & fees — from the actual FDD

A private-equity-grade read of the Code Ninjas Franchise Disclosure Document — the real cost to open, the earnings picture, and the risks a salesperson has no incentive to mention.

Kids & FamilyEducation & STEM
Item 19 · average monthly revenue
$19,740/mo

Franchisor-disclosed across 230 reporting units. This is revenue— the full report models what you'd actually keep after every fee.

Diligence risk level
Medium
Above-market royalty at 8.25%.
Does it fit your capital?

The cash you have for the build-out — the one number the whole deal is measured against.

$
Estimated cost to open (Item 7)your capital ▎
$174,250$265,750
Capital gap to top of range$15,750Small gap — bridgeable
At a glance
System units
245
+14 / −13 last yr
Earnings (Item 19)
Disclosed
3 cohorts
Royalty
8.25%
ongoing royalty
What the sales deck won't lead with

Descriptive, FDD-cited disclosures — read them before discovery day.

The FDD discloses: The franchisor's financial condition calls into question its ability to provide services and support.(Special Risks, p. 4)
The FDD discloses: During the last 3 years, 92 outlets were terminated, not renewed, reacquired, or ceased operations.(Special Risks, p. 4)
The FDD discloses: The franchise agreement requires you to resolve disputes by mediation and litigation in Georgia.(Special Risks, p. 4)

Every fee, tripwire and territory term is in the full report

The full report opens
  • What you'd actually keep — that revenue modeled to profit after royalty, fees and debt service
  • The full Item 19 breakdown — 3 disclosed cohorts
  • Financial-health severity grade (Item 21 audit)
  • Every fee and hidden cost, with page cites
  • Operational tripwires and territory terms
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Informational only — not legal, financial, or investment advice. Figures are AI-extracted from the Code Ninjas FDD and may contain errors; verify every number against the source document and consult a qualified professional before deciding. Your uploads are processed to generate reports, not stored or sold.

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Code Ninjas Franchise Review (2026): Cost, Item 19 Earnings, Fees — from the actual FDD