VA- Established Code Ninjas Computer Training Franchise

Own this existing profitable Code Ninjas business for far less than starting from scratch. Currently absentee owner. Owner operator needed for quick growth. All systems and staff in place for easy transition.

Code Ninjas® is the world’s largest and fastest-growing kids coding franchise, with hundreds of locations in the United States, Canada, and the United Kingdom. At our centers, kids learn to code while building their own video games. They gain problem solving, critical thinking, and STEM skills in a fun, safe, and inspiring environment. At Code Ninjas kids learn to code by building their very own video games. Our flexible coding programs for kids make it easy on parents with convenient drop-in hours on weeknights and weekends.

Down Payment: N/A

Total Sales: $262,000

Cash Flow: $24,000

FFE: $60,000

FFE Included: Yes

Inventory: N/A

Year Established: 2019

Employees: 13

Real Estate: N/A

Monthly Rent: $8,000

Square Footage: 2105

Facilities Information:

Located in a strip mall on a very busy street in a very popular district. Anchor is a TGIFs with a Dunkin' Donuts, Potbelly's, Domino's, Paint store and other retail spots.

Reason For Sale:

Focus on other endeavors.

Training & Support:

2-week owner training (optional) and 1-week franchise required training. Franchisor offers 3 days of training for new franchisees. A library of training videos and documentation is available in the corporate portal. Get support/interaction with other franchisees via Workplace.

Competition:

Coder School, but not in our immediate area. Other non-coding after school activities have been our biggest competitor in our area (sports, Mathnasium, piano lessons, etc.).

Potential Growth:

We have seen growth from the beginning (with exception of COVID) and are now realizing a more rapid growth rate. Jan 2022 Gross Revenue was $17K and our Jan 2023 Gross Revenue was $26K.