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 | $742,900 – $8,595,000 | $177,000 – $385,500 |
| Initial franchise fee FDD Item 5 | — | $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 | $2,703,968 | $241,943 |
| Franchised outlets FDD Item 20 | 505 | 263 |
| Net outlet change (latest yr) FDD Item 20 | +22 | -21 |
| Closure rate FDD Item 20 | — | 8.8% |
| Franchisee lawsuits FDD Item 3 | disclosed | disclosed |
| Risk level our read | Low | Medium |
| FDD year registration | 2025 | 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 $742,900 – $8,595,000 for Primrose Schools®.
How much does each make? (Item 19)
Both franchisors make an Item 19 financial performance representation. On the headline average unit revenue each discloses, Primrose Schools® reports the higher figure ($2,703,968 vs $241,943). Revenue is not profit — the full report breaks out what each brand actually represents.
Closures & failure rate
Primrose Schools® reports 505 franchised outlets, net change +22 in the latest reported year (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; the full report puts both brands' churn against child services & education medians.
Litigation
Primrose Schools® discloses litigation in FDD Item 3 (case detail in the full report). Code Ninjas discloses litigation in FDD Item 3 (case detail in the full report).
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?
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 $742,900 – $8,595,000 for Primrose Schools®. Both franchisors make an Item 19 financial performance representation. On the headline average unit revenue each discloses, Primrose Schools® reports the higher figure ($2,703,968 vs $241,943). Revenue is not profit — the full report breaks out what each brand actually represents.
Is Primrose Schools® more profitable than Code Ninjas?
Both franchisors make an Item 19 financial performance representation. On the headline average unit revenue each discloses, Primrose Schools® reports the higher figure ($2,703,968 vs $241,943). Revenue is not profit — the full report breaks out what each brand actually represents.
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 $742,900 – $8,595,000 for Primrose Schools®.
Is Primrose Schools® or Code Ninjas growing faster?
Primrose Schools® reports 505 franchised outlets, net change +22 in the latest reported year (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® 2025, Code Ninjas 2024). “—” means the FDD does not disclose it or the table did not parse cleanly — never an estimate.