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FranchiseVerdict

Code Ninjas vs The Goddard School

Franchise Comparison 2026

Both Code Ninjas and The Goddard School are education franchises. Code Ninjas requires an investment of $174K – $266K while The Goddard School requires $1.0M – $1.5M. In terms of revenue, The Goddard School reports higher average unit revenue at $2.5M. On SBA loan performance, The Goddard School has a lower charge-off rate (3.4%) compared to Code Ninjas (15.6%). FranchiseVerdict rates Code Ninjas C (Average) and The Goddard School A (Strongest tier).

Investment Range
$174K – $266K
$1.0M – $1.5M
Franchise Fee
$35K
$135K
Royalty Rate
8.3%
7.0%
Average Revenue (Item 19)
$237K
$2.5M
SBA Charge-Off Rate
15.6% (147 loans)
3.4% (538 loans)
Total Units
245
665
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2016
1988
FDD Year
2026
2026