Question 1

Is Code Ninjas or The Learning Experience cheaper to open?

Accepted Answer

Code Ninjas costs $174,250–$265,750 and The Learning Experience costs $805,799–$5,658,799 to open (FDD Item 7). Code Ninjas has the lower entry cost.

Question 2

Which earns more, Code Ninjas or The Learning Experience?

Accepted Answer

Code Ninjas reports $236,884 average annual unit revenue vs $2,186,393 for The Learning Experience (FDD Item 19). The Learning Experience is higher.

Question 3

Which is safer, Code Ninjas or The Learning Experience?

Accepted Answer

SBA 7(a) charge-off rate is 15.6% for Code Ninjas and 7.2% for The Learning Experience. Lower is safer, so The Learning Experience has the stronger loan-repayment record.

Question 4

Which is the better franchise, Code Ninjas or The Learning Experience?

Accepted Answer

FranchiseVerdict grades Code Ninjas C and The Learning Experience A, from FDD Items 5–7, 19–21 and SBA loan performance. See the full side-by-side above.

Metric	Code Ninjas	The Learning Experience
Verdict Grade	CAverageAverage	AStrongest tierStrongest tier
Investment Range	$174K – $266K	$806K – $5.7M
Franchise Fee	$35K	$60K
Royalty Rate	8.3%	7.0%
Average Revenue (Item 19)	$237K	$2.2M
SBA Charge-Off Rate	15.6% (147 loans)	7.2% (306 loans)
Total Units	245	465
Unit Growth (YoY)	N/A	N/A
Year Began Franchising	2016	2003
FDD Year	2026	2026

Code Ninjas vs The Learning Experience