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Below is an in-depth analysis and side-by-side comparison of Smart Brain America vs Code Ninjas including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $60,200 - $163,700 | $31,420 - $333,270 |
Franchise Fee | $25,000 | $15,000 - $31,000 |
Royalty Fee | $12-20/student/month | 6.5%-12% |
Advertising Fee | - | - |
Year Founded | 2003 | 2016 |
Year Franchised | 2005 | 2016 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $3000 | - |
Business Experience Requirements |
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Experience | - | Qualified candidates for Code Ninjas franchise ownership come from all walks of life, including business, education, military, police, retirees, entrepreneurs (and yes, coders). The best franchise owners play an active role in the business, and are interested in making a positive impact on children and their community. Other qualities we look for are drive, compassion, willingness to learn, and support for our values. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Prior to opening, franchise owners attend training led by our team of franchising experts, totaling approximately 50 hours. This includes in-person and online training. In addition, a corporate representative will be present to assist with the opening and initial operations of your center, to help you get off to a great start. |
Support | - | Code Ninjas is designed to be a turnkey business model with a complete ecosystem of tools and support to run every aspect your franchise. This includes training, site selection, marketing, design, vendor network, franchise management software, and a dedicated support team. |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Mental arithmetic in itself is a powerful educational tool by its own right. Smart Brain America has crafted a proprietary program that is light years beyond this basic concept by creating a children's educational program that is an All-Inclusive Right Brain Enhancement and Abacus Arithmetic course. It is designed to explode the full capabilities and strength of the right side and left side of the brain. It allows the children in such programs to be able to perform large and difficult calculations in the head without any help from the use of a computer or calculator.
For example, a child as young as even 9 years of age, who is in his or her Grand Level would be able to calculate a number as large as 739,241/329 all in the head, without any computers, calculators or even the Abacus! What's more incredible is that Grand Level children can accomplish this within ten seconds with near perfection each and every time at a pace equal to competition level!
Right side brain development will also lead to equally impressive results in: reading comprehension, reading accuracy, reading speed, memory recall and recall speed, and conceptualization.
Children utilize the Abacus, the ancient Chinese calculator, in a highly specialized manner to fire the synaptic pathways in the brain resulting in true, unparalleled brain development in kids.
Smart Brain America is a franchise company looking for new franchisees for prime locations of their choice.
Code Ninjas is Creating the Problem Solvers of Tomorrow. Code Ninjas is expanding nationwide through franchising..