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 has SBA lending data on file with a 0.0% charge-off rate. FranchiseVerdict rates Magikid B (Above average) and Code Wiz B (Above average).
| Metric | Magikid | Code Wiz |
|---|---|---|
| Verdict Grade | BAbove averageAbove average | BAbove averageAbove average |
| Investment Range | $145K – $242K | $150K – $237K |
| Franchise Fee | $55K | $45K |
| Royalty Rate | 7.0% | 6.0% |
| Average Revenue (Item 19) | N/A | N/AIncl. company outlets |
| SBA Charge-Off Rate | N/A | 0.0% (12 loans) |
| Total Units | 15 | 8 |
| 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
N/AIncl. company outlets
SBA Charge-Off Rate
N/A
0.0% (12 loans)
Total Units
15
8
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2024
2018
FDD Year
2024
2023