Code Ninjas vs Prepaze Academy
Franchise Comparison 2026
Both Code Ninjas and Prepaze Academy are education franchises. Code Ninjas requires an investment of $174K – $266K while Prepaze Academy requires $154K – $309K. Code Ninjas discloses average revenue of $237K; Prepaze Academy does not report Item 19 data. Code Ninjas has SBA lending data on file with a 15.6% charge-off rate. FranchiseVerdict rates Code Ninjas C (Average) and Prepaze Academy D (Below average).
| Metric | Code Ninjas | Prepaze Academy |
|---|---|---|
| Verdict Grade | CAverageAverage | DBelow averageBelow average |
| Investment Range | $174K – $266K | $154K – $309K |
| Franchise Fee | $35K | $39K |
| Royalty Rate | 8.3% | The greater of 12% of gross sales or $750 per month |
| Average Revenue (Item 19) | $237K | N/An=2 |
| SBA Charge-Off Rate | 15.6% (147 loans) | N/A |
| Total Units | 245 | 2 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2016 | 2024 |
| FDD Year | 2026 | 2024 |
Investment Range
$174K – $266K
$154K – $309K
Franchise Fee
$35K
$39K
Royalty Rate
8.3%
The greater of 12% of gross sales or $750 per month
Average Revenue (Item 19)
$237K
N/An=2
SBA Charge-Off Rate
15.6% (147 loans)
N/A
Total Units
245
2
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2016
2024
FDD Year
2026
2024