Franchise Facts Report → compare → Primrose Schools vs Code Ninjas
Primrose Schools vs Code Ninjas
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.
| Primrose Schools | Code Ninjas | |
|---|---|---|
| Total initial investment FDD Item 7 | $2,202,500 – $8,010,300 | $177,000 – $385,500 |
| Initial franchise fee FDD Item 5 | $80,000 | $40,000 |
| Royalty FDD Item 6 | 2% | 2.25% |
| 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 | 557 | 263 |
| Net outlet change (latest yr) FDD Item 20 | +32 | -21 |
| Closure rate FDD Item 20 | 385.7% | 8.8% |
| Franchisee lawsuits FDD Item 3 | disclosed | disclosed |
| Risk level our read | Low | Medium |
| FDD year registration | 2026 | 2024 |
Are Primrose Schools and Code Ninjas the same company?
No — Primrose Schools and Code Ninjas are franchised by separate companies. Primrose Schools's franchisor is PRIMROSE SCHOOL FRANCHISING SPE, LLC; Code Ninjas's is CODE NINJAS, 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 $2,202,500 – $8,010,300 for Primrose Schools.
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
Primrose Schools reports 557 franchised outlets, net change +32 in the latest reported year, a 385.7% closure rate (FDD Item 20). Code Ninjas reports 263 franchised outlets, net change -21 in the latest reported year, a 8.8% closure rate (FDD Item 20). Outlet churn — closures, terminations, non-renewals — is the closest thing an FDD has to a failure rate.
Litigation
Primrose Schools discloses litigation in FDD Item 3 (each case is described there). Code Ninjas discloses litigation in FDD Item 3 (each case is described there).
Deciding between Primrose Schools and Code Ninjas?
See what else fits before you choose. Tell us your budget and state and we'll send you the 5–10 child services & education franchises (or any industries you pick) with the strongest FDD record for it.
Primrose Schools vs Code Ninjas — frequently asked
Are Primrose Schools and Code Ninjas the same company?
No — Primrose Schools and Code Ninjas are franchised by separate companies. Primrose Schools's franchisor is PRIMROSE SCHOOL FRANCHISING SPE, LLC; Code Ninjas's is CODE NINJAS, 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 Primrose Schools and Code Ninjas?
Primrose Schools and Code Ninjas are child services & education franchises from different franchisors (PRIMROSE SCHOOL FRANCHISING SPE, LLC and CODE NINJAS, LLC). Code Ninjas is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $177,000 – $385,500, against $2,202,500 – $8,010,300 for Primrose Schools. Both franchisors make an Item 19 financial performance representation — the detailed figures are in each brand's FDD (Item 19).
Is Primrose Schools more profitable than Code Ninjas?
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 — Primrose Schools or Code Ninjas?
Code Ninjas is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $177,000 – $385,500, against $2,202,500 – $8,010,300 for Primrose Schools.
Is Primrose Schools or Code Ninjas growing faster?
Primrose Schools reports 557 franchised outlets, net change +32 in the latest reported year, a 385.7% closure rate (FDD Item 20). Code Ninjas reports 263 franchised outlets, net change -21 in the latest reported year, a 8.8% closure rate (FDD Item 20).
Go deeper on each brand
Child services & education rankings
Figures are as disclosed in each brand's most recent registered FDD (Primrose Schools 2026, Code Ninjas 2024). “—” means the FDD does not disclose it or the table did not parse cleanly — never an estimate.