Kumon Canada vs Code Ninjas Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Kumon Canada vs Code Ninjas including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$62,870 - $158,390 | $31,420 - $333,270 |
Franchise Fee |
$1,000 | $15,000 - $31,000 |
Royalty Fee |
- | 6.5%-12% |
Advertising Fee |
- | - |
Year Founded |
- | 2016 |
Year Franchised |
- | 2016 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
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 |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
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 |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Kumon Canada
Kumon is the world's largest after-school math and reading program. The Kumon Method has helped millions of children achieve more than they ever thought they could. Kumon's, math and reading programs help children of all ages and levels become eager, independent self-learners. Unlike tutoring sessions, Kumon helps children learn how to learn on their own, and develops strong academic skills. Our students gain a sense of confidence that will help them in the classroom and beyond.
The costs to start up and operate a Kumon Center are surprisingly modest. And so, relative to other educational franchises, profitability can come sooner. While management and teaching skills will help you succeed, formal qualifications are not necessary. That's because with Kumon's support and proven instructional method, the most important requirement is a passion to invest in the future - both yours and your students.
If you are an enterprising individual interested in starting your own business and contributing to the community, Kumon is the perfect opportunity. With more than 50 years of success and growth, Kumon is one of the most established franchise businesses in the world. In North America, 340,000 students are enrolled in more than 2,000 individually owned and operated centres.
#23 in Canada's Top franchises.
About Code Ninjas
Code Ninjas is Creating the Problem Solvers of Tomorrow. Code Ninjas is expanding nationwide through franchising..
Code Ninjas teaches children ages 7-14 to
code, a skill that will be as important as a second language in our
technology-driven world. At our state-of-the-art learning centers, kids
have a great time building video games - and they learn coding, math, and
logic in the process. Most importantly, kids gain confidence and problem
solving skills that that will serve them well on whatever path they
take in life.
The total investment necessary to begin operation of a franchise under a
Code Ninjas “center” model is from $125,640 to $333,270. This includes
$33,440 to $41,770 that must be paid to the franchisor or their
affiliate.
The total investment necessary to begin operation of a
franchise under a Code Ninjas “studio” model is from $31,420 to $51,940. This includes
$16,220 to $17,940 that must be paid to the franchisor or affiliate. You
will pay an additional $80,000 to $100,000 if you choose to add an
optional Dojo2Go mobile ‘edutainment’ trailer to your franchise.
#305 in Franchise 500 for 2021. Not in Franchise 500 for 2020.