Magikid vs Code Wiz
Franchise Comparison 2026
Both Magikid and Code Wiz are education franchises. Magikid requires an investment of $145K – $242K while Code Wiz requires $150K – $237K. 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 Magikid A (Top Quintile) and Code Wiz A (Top Quintile).
| Metric | Magikid | Code Wiz |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | ATop QuintileTop Quintile |
| Investment Range | $145K – $242K | $150K – $237K |
| Franchise Fee | $55K | $45K |
| Royalty Rate | 7.0% | 6.0% |
| Average Revenue (Item 19) | N/A | $167K |
| SBA Charge-Off Rate | N/A | 0.0% (12 loans) |
| Total Units | 16 | 9 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2024 | 2018 |
| FDD Year | 2024 | 2023 |
Investment Range
$145K – $242K
$150K – $237K
Franchise Fee
$55K
$45K
Royalty Rate
7.0%
6.0%
Average Revenue (Item 19)
N/A
$167K
SBA Charge-Off Rate
N/A
0.0% (12 loans)
Total Units
16
9
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2024
2018
FDD Year
2024
2023