Code Wiz franchise
2022 filing · May 11, 2022GrowingShares sales figures
Code Wiz at a glance
A coding and STEM learning center teaching kids programming, robotics and game design. At the end of 2021 there were 4 Code Wiz locations in the US, 3 franchised and 1 company-owned.
The business
- Franchisor
- Code Wiz Franchise System, LLC
- The company that sells the franchises
- Franchisor based in
- Westford, Massachusetts
- Typical size
- 900–1,500 sq ft
What you pay
- Cost to open
- $120K–$200K
- Fee, build-out and opening working capital
- Franchise fee
- $40,000
- Paid once, when you sign
- Royalty
- 6%
- 6% of gross sales with a minimum royalty, paid monthly, plus up to 2% to the brand development fund and $1,000 a month in local marketing
- Brand fund
- Yes
- Up to 2% of gross sales, paid monthly
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2021
- 4
- Franchised and company-owned
- Franchised
- 3
- Company-owned
- 1
- Change in 3 years
- +3
- Franchised locations, 2019–2021
- States
- 1
- Most in Massachusetts
From Code Wiz Franchise System, LLC’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Code Wiz among all franchises with the same figure.
| Figure | Code Wiz | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $160,200 | Costs less than 75% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 4 | Fewer than 74% of franchises |
How much a Code Wiz franchise costs
Opening one Code Wiz costs an estimated $120,300 to $200,100. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are additional funds – 3 months ($27,500 to $60,000) and initial franchise fee ($40,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $40,000 | ||
| Construction and Leasehold Improvements | $1,500 | $8,000 | |
| Lease Deposits – 3 Months | $0 | $12,000 | |
| Furniture, Fixtures and Equipment | $10,700 | $12,700 | |
| Signage | $5,000 | $8,000 | |
| Computer Software | $0 | $1,500 | |
| Grand Opening Support | $14,000 | $15,000 | |
| Grand Opening Marketing | $10,000 | $12,000 | |
| Initial Instructional Equipment | $8,300 | $18,700 | |
| Utility Deposits | $500 | $1,200 | |
| Insurance Deposits – 3 Months | $300 | $1,500 | |
| Travel for Initial Training | $2,000 | $3,500 | |
| Professional Fees | $500 | $3,000 | |
| Licenses and Permits | $0 | $3,000 | |
| Additional Funds – 3 months | $27,500 | $60,000 | |
| Total | $120,300 | $200,100 | |
Source: Code Wiz Franchise System, LLC, 2022 filing, page 20
Code Wiz franchise fee
The franchise fee is $40,000. You pay it when you sign the franchise agreement.
Source: Code Wiz Franchise System, LLC, 2022 filing, page 13
Royalty and ongoing fees
| Royalty | 6% of gross sales with a minimum royalty, paid monthly, plus up to 2% to the brand development fund and $1,000 a month in local marketing. |
|---|---|
| Brand or marketing fund | Up to 2% of gross sales, paid monthly. |
| Technology | Up to $450 per month, currently $300 per month |
| Local Marketing | $1,000 per month |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Code Wiz Franchise System, LLC, 2022 filing, page 14
Other fees as filed, from pages 14–15. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Code Wiz publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Code Wiz Franchise System, LLC, 2022 filing, page 51
SBA loans to Code Wiz franchisees
Lenders approved 10 SBA 7(a) loans for Code Wiz franchisees from 2020 to 2025, $1.53M in all. Of the 4 that have ended, 3 were paid in full and 1 was charged off. The other 6 haven’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How Code Wiz compares
Of the 32 tutoring franchises on this site, Code Wiz is the 24th cheapest to open and the 24th largest by number of locations.
| Figure | Code Wiz | Typical tutoring brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $120K | $85K | $222K |
| Cost to open, high end | $200K | $153K | $477K |
| Franchise fee | $40K | $30K | $40K |
| Royalty | 6% | 9.8% | 6% |
| US locations | 4 | 27 | 21 |
| Closed or left per year | 25% | 6.2% | – |
| Shares earnings figures | Yes | 15 of 32 | 2,147 of 3,352 |
Typical is the median across the 32 brands in tutoring franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2019 | 2 (+2) | 1 | +2 | 0 |
| 2020 | 3 (+1) | 1 | +2 | −1 |
| 2021 | 3 (0) | 1 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Code Wiz Franchise System, LLC, 2022 filing, page 56
Where Code Wiz locations are
At the end of 2021, Code Wiz had locations in 1 state. The most are in Massachusetts.
- Massachusetts4
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Massachusetts | 3 | 1 | 4 |
Source: Code Wiz Franchise System, LLC, 2022 filing, page 56
Who owns Code Wiz?
Code Wiz franchises are sold by Code Wiz Franchise System, LLC.
From Code Wiz Franchise System, LLC’s 2022 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Code Wiz Franchise System, LLC, 2022 filing, litigation on page 12, bankruptcy on page 13
Code Wiz filings
The figures on this page come from Code Wiz Franchise System, LLC’s 2022 filing, issued May 11, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | May 11, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other tutoring franchises
All tutoring franchises
Code Wiz is also on these lists: education franchises.