Code Ninjas vs The Bunny Hive
Franchise Comparison 2026
Both Code Ninjas and The Bunny Hive are education franchises. Code Ninjas requires an investment of $174K – $266K while The Bunny Hive requires $127K – $331K. In terms of revenue, The Bunny Hive reports higher average unit revenue at $317K. Code Ninjas has SBA lending data on file with a 15.6% charge-off rate. FranchiseVerdict rates Code Ninjas B (Above Average) and The Bunny Hive A (Top Quintile).
| Metric | Code Ninjas | The Bunny Hive |
|---|---|---|
| Verdict Grade | BAbove AverageAbove Average | ATop QuintileTop Quintile |
| Investment Range | $174K – $266K | $127K – $331K |
| Franchise Fee | $45K | $42K |
| Royalty Rate | 8.3% | 7.0% |
| Average Revenue (Item 19) | $237K | $317K |
| SBA Charge-Off Rate | 15.6% (147 loans) | Limited data |
| Total Units | 245 | 16 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2016 | 2023 |
| FDD Year | 2026 | 2025 |
Investment Range
$174K – $266K
$127K – $331K
Franchise Fee
$45K
$42K
Royalty Rate
8.3%
7.0%
Average Revenue (Item 19)
$237K
$317K
SBA Charge-Off Rate
15.6% (147 loans)
Limited data
Total Units
245
16
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2016
2023
FDD Year
2026
2025