FranchiseBudget

Code Ninjas vs Mathnasium Franchise Cost 2026

Code Ninjas runs $169K–$339K. Mathnasium runs $112K–$149K. The gap at midpoint: $123K.

Code Ninjas

$169K–$339K

total investment

Investment Difference

$123K

Mathnasium costs less

Mathnasium

$112K–$149K

total investment

Cost Breakdown

Category Code Ninjas Mathnasium Lower Cost
Total Investment $169K–$339K $112K–$149K Mathnasium
Franchise Fee $26,000 $49,000 Code Ninjas
Royalty Rate 8.0% 10.0% Code Ninjas
Ad Fund Fee 2.0% 2.0% Code Ninjas
Net Worth Required $250K $100K Mathnasium
Liquid Capital $100K $100K Code Ninjas
Est. Break-Even 8.4 yr 6.2 yr Mathnasium

Code Ninjas Profile

Category
education
Total Investment
$169K–$339K
Franchise Fee
$26,000
Royalty
8.0%
Est. Annual Revenue
$380K
Full Code Ninjas Cost Breakdown →

Mathnasium Profile

Category
education
Total Investment
$112K–$149K
Franchise Fee
$49,000
Royalty
10.0%
Est. Annual Revenue
$350K
Full Mathnasium Cost Breakdown →

Bottom Line

Mathnasium costs $123K less to open at the midpoint. That difference goes toward working capital or a second location. Code Ninjas also wins on royalty rate.