Have you been searching for educational franchise focusing primarily on offering Coding Skills? Do you want to invest in Technology that is growing at a massive pace? Or, Does the growth in New-age tech startup excite you? Or, Have you heard of “the literacy of the 21st century”?
Indeed you have arrived at the best place, where we’ll cover an in-depth article on starting a Code Ninjas Franchise in your city with its capital required, cost, profit, and step-by-step guidelines to get this franchise – and answer some common questions about the chain.
Technology has been and will be around us forever and certainly it will grow at a rapid pace across the globe. While normal education is quite compulsory but Coding has also become a key aspect of understanding our technologically-advanced world.
To understand more about this franchise and its growth prospects, we advise you to stay with us till the end to get a complete overview on How to Get a Code Ninjas Chain in your city.
- Brand: Code Ninjas
- Founded: 2016
- Key People: David Graham
- Industry: Educational
- No. of outlet: 450+
- Area served: US, UK, and Canada
- Franchise Fee: $35,000
- Royalty Fee: 7%
- Ad Royalty Fee: 2.25%
- Initial Investment: $181,167 – $451,950
Table of Contents
Overview of Code Ninjas Franchise
Since its inception the chain has grown into a more than 450 locations in United States, Canada, and the United Kingdom and with strategic plan to add more franchises in near future will create a tremendous opportunity for interested candidates to join this extraordinary educational franchise.
Interesting fact: Code ninjas also offers variety of programme that includes after-school coding classes, summer camps, and college coding program. These programs are actually taught by qualifying instructor who have a quality experience in coding either in teaching or hands on experience.
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Code Ninjas – The Journey
Their humble beginning started with a single institute in Pearland Texas in 2017 to quickly expanding into more than 450 outlets in just 5 plus years is certainly inspiring for all of us. it actually also shows the potential demand and growth for an educational franchise like Code ninjas.
Key Facts on Code Ninjas
|1||Trade Name||Code Ninjas|
|4||Founders Or Parent Company||David Graham|
|5||Corporate Headquarters||Houston, Texas|
|6||Number of locations||450 + Outlets|
|7||Area served||US, UK, and Canada|
|9||Curriculum offering||Game development, Coding,|
Robotics, and Website development
|10||Revenue||$ 7,507,008 FY20|
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What are the curriculum included in Code Ninjas franchise?
Code Ninjas offers comprehensive curriculum back cover for wide range of Coding topics. These curriculum may help interested prospect to understand more about Coding, problem solving skills, and further improves analytical thinking skills.
Some of the prominent topics are mentioned below for your reference;
- Mobile App Development – MIT App Inventor
- Robotics – Lego Mindstorms and VEX Robotics
- Game Development and much more – Scratch and Roblox
How much does Code Ninjas Franchise Cost?
The cost of opening a franchised Code Ninjas educational space may vary depending on several factors, such as location and the size of the facility. Nonetheless, To start a Code Ninjas franchise, one would at least require an initial investment of $181,167 – $451,950 and may be a dedicated floor area of min 1000 square feet to set up a brick-and-mortar retail space.
Additionally, The above-mentioned initial investment for Code Ninjas business does cover the expenses or fees such as Franchise fees, Marketing Fees, Equipment, and other necessary fees.
Code Ninjas Franchise Fee
The franchise fee for Code Ninjas is $35,000. Furthermore, the chain also offers an 10% incentive or discount for veterans, that means it would just cost $31,500 as a franchise fee. Interested candidates should also meet the minimum financial requirement of at least Net Worth of $300,000 – $350,000 and liquid cash of $100,000.
Additional Cost for Code Ninjas
Typically, to run and maintain a Code Ninjas location, one must adhere to their standards and are liable to pay a few additional costs such as Royalty fee, advertisement fee, maintenance fee, and a few other investments.
The on-going royalty fee for Code Ninjas Franchise is 7% and ad royalty fee is 2.25% of the monthly gross sales.
|Type of Fee||Cost & Other details|
|Ad Royalty Fee||2.25%|
|Veteran Incentive||10% of Franchise fee|
|Net Worth||$300,000 – $350,000|
|Agreement Period||10 Years, Renewable|
|Code Ninjas Franchise Cost||$181,167 – $451,950|
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How much is Code Ninjas Profit Franchise Margin?
Indeed, Tech industry is rising at a rapid pace and with this growing demand we may require a better and number of talented candidates to fulfill ever-growing demand. So to achieve it may need to practice and learn coding stuff as early as possible, which may position our kids ahead of the competition.
However, the profitability of Code Ninjas location may vary depending on a range of factors, such as Chosen model, Outlet’s geographical location, No. of students registered, and varieties & quality in curriculum offered. Nevertheless, Based on its past growth pattern, quality in education, countrywide presence, one may anticipate to earn approximately $100,000 per year.
What does it require to Become a Code Ninjas Franchise partner?
- First and most important – One should be financially well-qualified and have good credit to start a Code Ninjas location, and should be ready to invest minimum $181,167 – $451,950.
- Interested franchisees should be passionate about educating children and helping them to learn coding another technological stuffs.
- Code Ninjas does provide a comprehensive training programme and support to all its franchises but with a technical background in Coding or education will be quite helpful in getting this franchise.
- Franchisees should be committed to upholding the Code Ninjas brand and providing a high-quality educational experience for children.
Benefits of Owning a Code Ninjas Franchise
There could be multiple benefits of owning a code ninjas location near to your city. However, to ease your research we have highlighted few major benefits of its;
- Expansion in Major Tier 1 countries:
- The chain has positioned themselves as a prominent candidate in educational industry my providing quality education and coding knowledge to kids at an initial stage.
- This has certainly helped them to grow extensively across the globe with more than 500 outlets and more to come in near future.
- Lucrative business opportunity:
- Certainly, the demand for educational industry is growing at rapid pace, making it a quiet lucrative and sustainable business opportunity for interested candidates.
- End-to-end support programme:
- As a Code Ninjas Franchisee, you may be benefited with its comprehensive training and marketing support, including assistance in site selection, Interior decor, and other necessary stuff.
How to Get a Code Ninjas Franchise?
Becoming a Code Ninjas outlet owner requires a minimal investment that offers an impressive gross profit margin. Additionally, the Code Ninjas chain may provide several benefits, and interested candidates can take up franchise outlets in their city through their expertise and endless support systems.
One can avail this franchise using below mentioned steps;
- Visit its official website, and navigate to franchise tab.
- Please fill in the details like Name, Email ID, Country, State, and Phone number.
Final Takeaway – Summary
Undoubtedly, Code Ninjas is one of the most popular and rapidly growing educational chain in the US, which is predominately known for offering a wide range of Coding programs, such as Website, Mobile App development, Robotics, and much more. At present, the chains has 450+ franchised networks and more outlets planned to release in the next few years will create tremendous opportunities for interested candidates to grab THIS deal in this ever-growing market.
With a minimum Initial investment of $181,167 to $451,950, the Code Ninjas chain may offer an outstanding profit margin to its stakeholders and one may anticipate an exceptional gross profit margin and a net profit margin.
The Bottom line – In case you are interested in the Educational industry and want to take advantage of the opportunity with minimal investment, then you can start a Code Ninjas outlet in your city. With its immense legacy, expertise, and robust support model, one may experience stable and steady growth in their entrepreneurial journey.
So, what are you waiting for? Go and start your entrepreneurial journey with Code Ninjas!!
Good Luck!! Happy Franchising!!
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How much does it cost to start a Code Ninjas Location?
Ans: The total initial investment for Code Ninjas may vary depending on the chosen model. However, A minimum investment required to setup a Coding Ninjas may cost approximately $181,167 to $451,950.
Is Code Ninjas Franchise Profitable?
Ans: Based on recent financial report, Code Ninjas operation has been churning positive profit margin and considering the rising tech demand, growing section will definitely fuel its profit margin to another level.