Franchise Facts Report

Franchise Facts Report → compare → Code Ninjas vs Play Street Museum

Code Ninjas vs Play Street Museum

Other · head-to-head from each brand's most recent FDD

Two other franchises, compared on the numbers their own Franchise Disclosure Documents put on record — investment, fees, Item 19 earnings, outlet churn, and litigation. Not marketing copy.

Code NinjasPlay Street Museum
Total initial investment
FDD Item 7		 $177,000 – $385,500 $892,814 – $1,392,190
Initial franchise fee
FDD Item 5		 $40,000 $35,000
Royalty
FDD Item 6		 2.25% 6%
Item 19 earnings disclosed
FDD Item 19		 Yes Yes
Avg unit revenue (headline)
FDD Item 19		 disclosed (not machine-read) disclosed (not machine-read)
Franchised outlets
FDD Item 20		 263 22
Net outlet change (latest yr)
FDD Item 20		 -21 +8
Closure rate
FDD Item 20		 8.8% —
Franchisee lawsuits
FDD Item 3		 disclosed 0
Risk level
our read		 Medium Low
FDD year
registration		 2024 2024

Are Code Ninjas and Play Street Museum the same company?

No — Code Ninjas and Play Street Museum are franchised by separate companies. Code Ninjas's franchisor is CODE NINJAS, LLC; Play Street Museum's is PSM Worldwide, LLC. Each registers and files its own Franchise Disclosure Document, and you would be signing with a different entity depending on which you chose. Note that a registry filing names the franchisor, not necessarily its ultimate parent — two brands owned by the same parent company can still have separate franchisors.

Cost to open

Code Ninjas is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $177,000 – $385,500, against $892,814 – $1,392,190 for Play Street Museum.

How much does each make? (Item 19)

Both franchisors make an Item 19 financial performance representation — the detailed figures are in each brand's FDD (Item 19).

Closures & failure rate

Code Ninjas reports 263 franchised outlets, net change -21 in the latest reported year, a 8.8% closure rate (FDD Item 20). Play Street Museum reports 22 franchised outlets, net change +8 in the latest reported year (FDD Item 20). Outlet churn — closures, terminations, non-renewals — is the closest thing an FDD has to a failure rate.

Litigation

Code Ninjas discloses litigation in FDD Item 3 (each case is described there). Play Street Museum discloses no franchisee-initiated proceedings in FDD Item 3.

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Code Ninjas vs Play Street Museum — frequently asked

Are Code Ninjas and Play Street Museum the same company?

No — Code Ninjas and Play Street Museum are franchised by separate companies. Code Ninjas's franchisor is CODE NINJAS, LLC; Play Street Museum's is PSM Worldwide, LLC. Each registers and files its own Franchise Disclosure Document, and you would be signing with a different entity depending on which you chose. Note that a registry filing names the franchisor, not necessarily its ultimate parent — two brands owned by the same parent company can still have separate franchisors.

What is the difference between Code Ninjas and Play Street Museum?

Code Ninjas and Play Street Museum are other franchises from different franchisors (CODE NINJAS, LLC and PSM Worldwide, LLC). Code Ninjas is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $177,000 – $385,500, against $892,814 – $1,392,190 for Play Street Museum. Both franchisors make an Item 19 financial performance representation — the detailed figures are in each brand's FDD (Item 19).

Is Code Ninjas more profitable than Play Street Museum?

Both franchisors make an Item 19 financial performance representation — the detailed figures are in each brand's FDD (Item 19).

Which is cheaper to open — Code Ninjas or Play Street Museum?

Code Ninjas is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $177,000 – $385,500, against $892,814 – $1,392,190 for Play Street Museum.

Is Code Ninjas or Play Street Museum growing faster?

Code Ninjas reports 263 franchised outlets, net change -21 in the latest reported year, a 8.8% closure rate (FDD Item 20). Play Street Museum reports 22 franchised outlets, net change +8 in the latest reported year (FDD Item 20).

Go deeper on each brand

Code Ninjas franchise facts$177,000 – $385,500 · medium risk Play Street Museum franchise facts$892,814 – $1,392,190 · low risk

Other rankings

Cheapest Other franchises to openFastest-growing Other franchisesLowest-churn Other franchisesLowest-royalty Other franchisesOther franchises ranked by average revenueOther franchises with disclosed Item 19 earningsOther franchises with the most franchisee lawsuits

Figures are as disclosed in each brand's most recent registered FDD (Code Ninjas 2024, Play Street Museum 2024). “—” means the FDD does not disclose it or the table did not parse cleanly — never an estimate.

This report compiles and structures publicly filed Franchise Disclosure Document (FDD) data from state franchise registrations. It is not legal, financial, or investment advice, is not affiliated with or endorsed by any franchisor, and does not replace reading the full FDD or consulting a franchise attorney or accountant. All figures are as disclosed by the franchisor in its most recent registered FDD. Item 19 financial performance representations are made at the franchisor’s option and may be absent or limited.