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FranchiseVerdict

The Bunny Hive vs Code Ninjas

Franchise Comparison 2026

Both The Bunny Hive and Code Ninjas are education franchises. The Bunny Hive requires an investment of $127K – $331K while Code Ninjas requires $174K – $266K. In terms of revenue, The Bunny Hive reports higher average unit revenue at $317K. Code Ninjas has SBA lending data on file with a 15.6% charge-off rate. FranchiseVerdict rates The Bunny Hive A (Top Quintile) and Code Ninjas B (Above Average).

Investment Range
$127K – $331K
$174K – $266K
Franchise Fee
$42K
$45K
Royalty Rate
7.0%
8.3%
Average Revenue (Item 19)
$317K
$237K
SBA Charge-Off Rate
Limited data
15.6% (147 loans)
Total Units
16
245
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2023
2016
FDD Year
2025
2026