Code Wiz vs Magikid
Franchise Comparison 2026
Both Code Wiz and Magikid are education franchises. Code Wiz requires an investment of $150K – $237K while Magikid requires $145K – $242K. Code Wiz discloses average revenue of $167K; Magikid makes no financial performance representation in its Item 19, which is voluntary under the FTC Franchise Rule. Note: Based on only 2 outlets. FranchiseVerdict rates Code Wiz C (Average) and Magikid B (Above average).
| Metric | Code Wiz | Magikid |
|---|---|---|
| Verdict Grade | CAverage | BAbove average |
| Investment Range | $150K – $237K | $145K – $242K |
| Franchise Fee | $45K | $55K |
| Royalty Rate | 6.0% | 7.0% |
| Average Revenue (Item 19) | $167Kn=2 | N/ANo Item 19 representation |
| SBA Charge-Off Rate | Limited data | N/A |
| Total Units | 10 | 19 |
| Unit Growth (YoY) | +6 units | +3 units |
| Year Began Franchising | 2018 | 2024 |
| FDD Year | 2023 | 2025 |
Investment Range
$150K – $237K
$145K – $242K
Franchise Fee
$45K
$55K
Royalty Rate
6.0%
7.0%
Average Revenue (Item 19)
$167Kn=2
N/ANo Item 19 representation
SBA Charge-Off Rate
Limited data
N/A
Total Units
10
19
Unit Growth (YoY)
+6 units
+3 units
Year Began Franchising
2018
2024
FDD Year
2023
2025