Code Ninjas vs Primrose Schools
Franchise Comparison 2026
Both Code Ninjas and Primrose Schools are education franchises. Code Ninjas requires an investment of $174K – $266K while Primrose Schools requires $6.2M – $8.6M. In terms of revenue, Primrose Schools reports higher average unit revenue at $2.7M. On SBA loan performance, Primrose Schools has a lower charge-off rate (1.8%) compared to Code Ninjas (15.6%). FranchiseVerdict rates Code Ninjas C (Average) and Primrose Schools A (Strongest tier).
| Metric | Code Ninjas | Primrose Schools |
|---|---|---|
| Verdict Grade | CAverageAverage | AStrongest tierStrongest tier |
| Investment Range | $174K – $266K | $6.2M – $8.6M |
| Franchise Fee | $35K | $80K |
| Royalty Rate | 8.3% | 7.0% |
| Average Revenue (Item 19) | $237K | $2.7M |
| SBA Charge-Off Rate | 15.6% (147 loans) | 1.8% (845 loans) |
| Total Units | 245 | 525 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2016 | 1988 |
| FDD Year | 2026 | 2025 |
Investment Range
$174K – $266K
$6.2M – $8.6M
Franchise Fee
$35K
$80K
Royalty Rate
8.3%
7.0%
Average Revenue (Item 19)
$237K
$2.7M
SBA Charge-Off Rate
15.6% (147 loans)
1.8% (845 loans)
Total Units
245
525
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2016
1988
FDD Year
2026
2025