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 does not report Item 19 data. Code Wiz has SBA lending data on file with a 0.0% charge-off rate. FranchiseVerdict rates Code Wiz A (Top Quintile) and Magikid A (Top Quintile).
| Metric | Code Wiz | Magikid |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | ATop QuintileTop Quintile |
| Investment Range | $150K – $237K | $145K – $242K |
| Franchise Fee | $45K | $55K |
| Royalty Rate | 6.0% | 7.0% |
| Average Revenue (Item 19) | $167K | N/A |
| SBA Charge-Off Rate | 0.0% (12 loans) | N/A |
| Total Units | 9 | 16 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2018 | 2024 |
| FDD Year | 2023 | 2024 |
Investment Range
$150K – $237K
$145K – $242K
Franchise Fee
$45K
$55K
Royalty Rate
6.0%
7.0%
Average Revenue (Item 19)
$167K
N/A
SBA Charge-Off Rate
0.0% (12 loans)
N/A
Total Units
9
16
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2018
2024
FDD Year
2023
2024