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    Franchise opportunities compared

    Code Ninjas vs Mad Science

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Code Ninjas2025 FDDMad Science2026 FDD

    Initial investment · Item 7

    Code Ninjas

    $174,750 – $298,250

    2025 FDD · Item 7 · PDF p. 23

    Mad Science

    $127,050 – $185,859

    2026 FDD · Item 7

    Initial franchise fee · Item 5

    Code Ninjas

    Not available

    Mad Science

    Not available

    Royalty · Item 6

    Code Ninjas

    $500

    2025 FDD · Item 6 · PDF p. 15

    Mad Science

    8%

    2026 FDD · Item 6 · PDF p. 13

    Before you compare

    • Code Ninjas figures come from its 2025 FDD and Mad Science figures from its 2026 FDD, so the years differ.
    • Mad Science discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (Code Ninjas: 2, Mad Science: 5). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Code Ninjas

    $174,750 – $298,250
    Learning Center estimated initial investment: $174,750 to $298,250
    2025 FDD · Item 7 · PDF p. 23

    Mad Science

    $127,050 – $185,859
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)

    Code Ninjas

    Not available
    No single standard fee identified

    Mad Science

    Not available
    No single standard fee identified
    Royalty (Item 6)

    Code Ninjas

    $500
    Pre-opening minimum royalty after opening deadline: $500 per month until opening
    2025 FDD · Item 6 · PDF p. 15

    Mad Science

    8%
    Royalty fee rate
    2026 FDD · Item 6 · PDF p. 13
    Brand / advertising fund (Item 6)

    Code Ninjas

    2.25%
    Marketing Contribution: 2.25% of Net Sales — 2.25%
    2025 FDD · Item 6 · PDF p. 15

    Mad Science

    5%
    National marketing fund maximum rate — 5%
    2026 FDD · Item 6 · PDF p. 16

    System scale & health

    Total outlets (Item 20)

    Code Ninjas

    244
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 58

    Mad Science

    Not available
    No reviewed outlet counts
    Net outlet change (Item 20)

    Code Ninjas

    −45
    Calculated: 289 at end of 2022 → 244 at end of 2024

    Mad Science

    Not available
    Only one year reported
    Outlet exits (Item 20)

    Code Ninjas

    Not available
    No complete exit records for a year

    Mad Science

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Code Ninjas

    Not available
    Not in reviewed records

    Mad Science

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Code Ninjas

    Not available
    Not in reviewed records

    Mad Science

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Code Ninjas
    Locations counted not stated in the reviewed record — Code Ninjas franchised Learning Centers for calendar year 2024
    $241,242
    other Learning Center Overall average annual gross sales: $241,242
    2025 FDD · Item 19 · PDF p. 56
    Locations counted not stated in the reviewed record — Code Ninjas franchised Studio Centers for calendar year 2024
    $187,848
    other Studio Center Overall average annual gross sales: $187,848
    2025 FDD · Item 19 · PDF p. 56
    Mad Science
    Franchised (57 franchisees) — revenue and other measures
    $84,000
    other Franchisee low gross revenues
    2026 FDD · Item 19 · PDF p. 61
    Franchised (21 franchisees) — other measures
    $491,000
    other one territory franchisee population
    2026 FDD · Item 19 · PDF p. 62
    Franchised (7 franchisees) — other measures
    $743,000
    other two territories franchisee population
    2026 FDD · Item 19 · PDF p. 63
    +2 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Code Ninjas vs Mad Science: common questions

    Which costs less to open, Code Ninjas or Mad Science?
    Code Ninjas: $174,750 – $298,250 (2025 FDD · Item 7 · PDF p. 23); Mad Science: $127,050 – $185,859 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Mad Science. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Code Ninjas and Mad Science royalties compare?
    Code Ninjas: $500 (2025 FDD · Item 6 · PDF p. 15); Mad Science: 8% (2026 FDD · Item 6 · PDF p. 13). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Do Code Ninjas and Mad Science disclose financial performance (Item 19)?
    Code Ninjas has reviewed Item 19 figures for 2 location groups; Mad Science has reviewed Item 19 figures for 5 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

    Keep researching

    Full Code Ninjas report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Full Mad Science report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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    FDD glossary

    Plain-language meaning of each Item