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Brand	BAbove Average Code Ninjas Education Remove	DBelow Average SalesStar Education Remove
Vitals
Investment range	$174K – $266K	$206K – $242K
Liquid capital	$20K – $30K	$70K – $100K
Franchise fee	$45K	$125K
Royalty rate	8.3%	10.0%
Ad fund rate	2.0%	5.0%
Performance
Avg gross sales	$237K	$707K
Median gross sales	$217K	N/A
Avg owner earnings Metric varies by brand. Check type below	N/A	$170K
Earnings metric	Not classified	P&L Bottom Line
Risk
Rating	BAbove Average	DBelow Average
Risk score	55 / 100	74 / 100
SBA charge-off rate	15.6%	N/A
SBA loans on record	147	N/A
Scale
Total units	245	7
Net change (latest yr)	N/A	N/A
Turnover rate	5.3%	0.0%
Contract
Initial term (years)	10	5
Renewal term (years)	10	5
Initial training (hrs)	28	250
Contacts
Franchisee phones	92	37