Code Ninjas vs School of Rock
Franchise Comparison 2026
Both Code Ninjas and School of Rock are education franchises. Code Ninjas requires an investment of $174K – $266K while School of Rock requires $425K – $705K. In terms of revenue, School of Rock reports higher average unit revenue at $672K. On SBA loan performance, School of Rock has a lower charge-off rate (0.0%) compared to Code Ninjas (15.6%). FranchiseVerdict rates Code Ninjas C (Average) and School of Rock A (Strongest tier).
| Metric | Code Ninjas | School of Rock |
|---|---|---|
| Verdict Grade | CAverageAverage | AStrongest tierStrongest tier |
| Investment Range | $174K – $266K | $425K – $705K |
| Franchise Fee | $35K | $60K |
| Royalty Rate | 8.3% | 8.0% |
| Average Revenue (Item 19) | $237K | $672K |
| SBA Charge-Off Rate | 15.6% (147 loans) | 0.0% (104 loans) |
| Total Units | 245 | 303 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2016 | 2005 |
| FDD Year | 2026 | 2025 |
Investment Range
$174K – $266K
$425K – $705K
Franchise Fee
$35K
$60K
Royalty Rate
8.3%
8.0%
Average Revenue (Item 19)
$237K
$672K
SBA Charge-Off Rate
15.6% (147 loans)
0.0% (104 loans)
Total Units
245
303
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2016
2005
FDD Year
2026
2025