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FranchiseVerdict

Skill Samurai vs Code Ninjas

Franchise Comparison 2026

Both Skill Samurai and Code Ninjas are education franchises. Skill Samurai requires an investment of $144K – $308K while Code Ninjas requires $174K – $266K. Code Ninjas discloses average revenue of $237K; Skill Samurai makes no financial performance representation in its Item 19, which is voluntary under the FTC Franchise Rule. Code Ninjas has SBA lending data on file with a 15.6% charge-off rate. FranchiseVerdict rates Skill Samurai B (Above average) and Code Ninjas C (Average).

Investment Range
$144K – $308K
$174K – $266K
Franchise Fee
$49K
$35K
Royalty Rate
7.0%
8.3%
Average Revenue (Item 19)
N/ANo Item 19 representation
$237K
SBA Charge-Off Rate
N/A
15.6% (147 loans)
Total Units
6
245
Unit Growth (YoY)
+5 units
-1 units
Year Began Franchising
2019
2016
FDD Year
2023
2026