Franchise Facts Report → compare → Code Ninjas vs Play Street Museum
Code Ninjas vs Play Street Museum
Two child services & education 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 Ninjas | Play Street Museum | |
|---|---|---|
| Total initial investment FDD Item 7 | $174,250 – $265,750 | $482,741 – $759,920 |
| Initial franchise fee FDD Item 5 | $45,000 | $35,000 |
| Royalty FDD Item 6 | 12.25% | 6% |
| Item 19 earnings disclosed FDD Item 19 | Yes | Yes |
| Avg unit revenue (headline) FDD Item 19 | $237,614 | $406,531 |
| Franchised outlets FDD Item 20 | 238 | 28 |
| Net outlet change (latest yr) FDD Item 20 | -1 | +6 |
| Closure rate FDD Item 20 | 2.1% | — |
| Franchisee lawsuits FDD Item 3 | 0 | — |
| Risk level our read | Medium | Medium |
| FDD year registration | 2026 | 2026 |
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 $174,250 – $265,750, against $482,741 – $759,920 for Play Street Museum.
How much does each make? (Item 19)
Both franchisors make an Item 19 financial performance representation. On the headline average unit revenue each discloses, Play Street Museum reports the higher figure ($406,531 vs $237,614). Revenue is not profit — the full report breaks out what each brand actually represents.
Closures & failure rate
Code Ninjas reports 238 franchised outlets, net change -1 in the latest reported year, a 2.1% closure rate (FDD Item 20). Play Street Museum reports 28 franchised outlets, net change +6 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; the full report puts both brands' churn against child services & education medians.
Litigation
Code Ninjas discloses no franchisee-initiated proceedings in FDD Item 3. Play Street Museum's Item 3 could not be read from its filing, so we make no claim either way.
This page is the headline numbers. The Deep report compares up to three brands on the complete FDD record — every fee line, the actual Item 19 figures and what they represent, each lawsuit, and churn benchmarked against child services & education peers.
Only looking at one of them?
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 child services & education 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 $174,250 – $265,750, against $482,741 – $759,920 for Play Street Museum. Both franchisors make an Item 19 financial performance representation. On the headline average unit revenue each discloses, Play Street Museum reports the higher figure ($406,531 vs $237,614). Revenue is not profit — the full report breaks out what each brand actually represents.
Is Code Ninjas more profitable than Play Street Museum?
Both franchisors make an Item 19 financial performance representation. On the headline average unit revenue each discloses, Play Street Museum reports the higher figure ($406,531 vs $237,614). Revenue is not profit — the full report breaks out what each brand actually represents.
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 $174,250 – $265,750, against $482,741 – $759,920 for Play Street Museum.
Is Code Ninjas or Play Street Museum growing faster?
Code Ninjas reports 238 franchised outlets, net change -1 in the latest reported year, a 2.1% closure rate (FDD Item 20). Play Street Museum reports 28 franchised outlets, net change +6 in the latest reported year (FDD Item 20).
Go deeper on each brand
Child services & education rankings
Figures are as disclosed in each brand's most recent registered FDD (Code Ninjas 2026, Play Street Museum 2026). “—” means the FDD does not disclose it or the table did not parse cleanly — never an estimate.