Code Ninjas vs Legacy Academy For Children
Code Ninjas vs Legacy Academy For Children: Code Ninjas costs $69K to $298K to open; Legacy Academy For Children costs $438K to $3.2M. Code Ninjas has 244 units, Legacy Academy For Children has 8. SBA loan history: Code Ninjas = 146 loans (8.2% default); Legacy Academy For Children = 11 loans (0.0% default). The franchise with more SBA funded units, a lower SBA default rate, and a lower royalty load is the safer financing bet; see the comparison below.
Code Ninjas vs Legacy Academy For Children: Capital, Scale & Lending Analysis
Analysis based on FDD filings and SBA 7(a) loan level data. Each pairing reflects a unique combination of capital intensity, system scale, and financing path.
Capital Intensity
Code Ninjas requires the lower minimum capital commitment ($69K vs $438K for Legacy Academy For Children), a 84% spread. Initial franchise fees come in at $40K for Code Ninjas versus $75K for Legacy Academy For Children, Code Ninjas has the lower entry fee. Ongoing royalty load is 8% for Code Ninjas and 5% for Legacy Academy For Children, giving Legacy Academy For Children the lighter per-unit drag on operating income.
System Scale & Tenure
On scale, Code Ninjas operates 244 units to Legacy Academy For Children's 8, roughly 31× the system size. Legacy Academy For Children has been operating 29 years (founded 1997) versus 10 for Code Ninjas (founded 2016), a 19-year tenure gap that affects unit-economics maturity and FDD revision history.
SBA Lending Profile
Code Ninjas has the deeper SBA lending track record, with 146 7(a) approvals compared with 11 for Legacy Academy For Children. Code Ninjas's peak SBA year was 2019 (52 loans); Legacy Academy For Children's peak was 2022 (3 loans). Legacy Academy For Children's more recent peak generally indicates fresher lender appetite. Code Ninjas has the most SBA funded units in TX, with 18. Legacy Academy For Children leads in GA, with 10. Borrowers should pick the brand whose strongest SBA state matches their own state for warmer lender introductions. Average SBA loan size on funded Code Ninjas deals is $205K vs $1.9M for Legacy Academy For Children, useful as a sizing anchor when modeling your own unit.
Risk Signal
SBA default rates are 8.2% for Code Ninjas and 0.0% for Legacy Academy For Children, Legacy Academy For Children has the cleaner SBA loss record by 8.2 points. PeerSense FPI scores come in at 57 (Moderate) for Code Ninjas and 54 (Moderate) for Legacy Academy For Children, giving Code Ninjas the stronger composite signal across SBA performance, lender appetite, and operational consistency.
Health & Performance
FPI Score | 57/100 | 54/100 |
Health Tier | Moderate | Moderate |
Confidence | N/A | N/A |
Lending Trend | Declining | Declining |
SBA Lending
SBA Loans | 146 | 11 |
SBA Volume | – | – |
Default Rate | 8.2% | 0.0% |
Peer Tier | major | growing |
Investment & Costs
Total Investment | $69K to $298K | $438K to $3.2M |
Franchise Fee | $40K | $75K |
Royalty Rate | 8% | 5% |
Ad Fund | 2.25% | 1% |
Liquid Capital | $100K | N/A |
Net Worth Required | $350K | N/A |
Financial Performance (Item 19)
Item 19 Status | Disclosed | Not Disclosed |
System Size & Operations
Total Units | 244 | 8 |
Franchised Units | 239 | 8 |
Company Owned | 5 | – |
Term Length | 10 yrs | 25 yrs |
Brand Information
Year Founded | 2016 | 1997 |
Franchising Since | 2016 | N/A |
Years Franchising | 10 yrs | N/A |
Headquarters | TX | Acworth, GA |
Category | Elementary | Elementary |
Website | ||
FDD Year | 2026 | N/A |
Which Is Better, Code Ninjas or Legacy Academy For Children?
Lower upfront capital required
Tie
Code Ninjas: $69K starting · Legacy Academy For Children: $438K starting
More SBA lender confidence
Code Ninjas
Code Ninjas: 146 SBA loans · Legacy Academy For Children: 11 SBA loans
Lower SBA default rate
Legacy Academy For Children
Code Ninjas: 8.2% · Legacy Academy For Children: 0.0%
Larger system & brand presence
Tie
Code Ninjas: 244 units · Legacy Academy For Children: 8 units
Lower ongoing royalty load
Legacy Academy For Children
Code Ninjas: 8% · Legacy Academy For Children: 5%
More lender financing options
Code Ninjas
Code Ninjas: 49 unique lenders · Legacy Academy For Children: 8 unique lenders
Decision matrix uses publicly disclosed FDD and SBA loan data. Not a recommendation. Your best franchise depends on capital, market, operating capacity, and risk tolerance.
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About These Franchises
Code Ninjas vs Legacy Academy For Children: Franchise Funding Comparison
Comparing Code Ninjas and Legacy Academy For Children is about more than brand preference. It's about which franchise fits your financial profile and funding strategy. Investment ranges from $69K to $3.2M.
Code Ninjas has 146 SBA loans on record and Legacy Academy For Children has 11. Those totals are cumulative history rather than a measure of current appetite. Recent lending activity is trending down for at least one of these brands, so current lender appetite has to be checked deal by deal rather than assumed from the totals.
SBA 7(a) loans are the most common franchise funding vehicle, offering up to $5M with as little as 10% down. PeerSense connects franchise buyers with the specific lenders who have approved loans for these brands, not generic referrals, but lenders with actual franchise lending track records.
Data sourced from SBA loan records, Franchise Disclosure Documents, and public filings. Updated regularly. Not financial advice, consult with a lending professional before making investment decisions.
Code Ninjas vs Legacy Academy For Children, Frequently Asked Questions
Which is a better franchise investment, Code Ninjas or Legacy Academy For Children?
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Which has a lower SBA default rate, Code Ninjas or Legacy Academy For Children?
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman