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 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 Magikid B (Above average) and Code Wiz C (Average).
| Metric | Magikid | Code Wiz |
|---|---|---|
| Verdict Grade | BAbove average | CAverage |
| Investment Range | $145K – $242K | $150K – $237K |
| Franchise Fee | $55K | $45K |
| Royalty Rate | 7.0% | 6.0% |
| Average Revenue (Item 19) | N/ANo Item 19 representation | $167Kn=2 |
| SBA Charge-Off Rate | N/A | Limited data |
| Total Units | 19 | 10 |
| Unit Growth (YoY) | +3 units | +6 units |
| Year Began Franchising | 2024 | 2018 |
| FDD Year | 2025 | 2023 |
Investment Range
$145K – $242K
$150K – $237K
Franchise Fee
$55K
$45K
Royalty Rate
7.0%
6.0%
Average Revenue (Item 19)
N/ANo Item 19 representation
$167Kn=2
SBA Charge-Off Rate
N/A
Limited data
Total Units
19
10
Unit Growth (YoY)
+3 units
+6 units
Year Began Franchising
2024
2018
FDD Year
2025
2023