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2023 FDD ON FILEEducation & Tutoring
Code Wiz

Code Wiz

Franchising since 2017 · 9 locations

The total investment to open a Code Wiz franchise ranges from $150,000 - $237,000. The initial franchise fee is $40,000. Ongoing royalties are 6%. Code Wiz currently operates 9 locations (9 franchised). PeerSense FPI health score: 85/100. Data sourced from the 2023 Franchise Disclosure Document.

Investment

$150,000 - $237,000

Franchise Fee

$40,000

Total Units

9

9 franchised

FPI Score
High
85

Proprietary PeerSense metric

Excellent
Capital Partners
5lenders available

Active capital sources verified for Code Wiz financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Growing (10-24 loans)

High Confidence
85out of 100
Excellent

SBA Lending Performance

SBA Default Rate

0.0%

0 of 12 loans charged off

SBA Loans

12

Total Volume

$1.7M

Active Lenders

5

States

8

What is the Code Wiz franchise?

For entrepreneurs passionate about shaping the next generation of innovators and problem-solvers, Code Wiz offers a franchise opportunity at the intersection of education and technology, two of the most dynamic and recession-resistant sectors in the American economy. Founded in 2017 by Ruth Agbaji, a software engineer driven by her conviction that every child deserves access to quality coding education, Code Wiz has developed a unique center-based and online learning model that teaches children ages seven to seventeen the fundamentals of computer programming, robotics, and computational thinking through engaging, self-paced curricula. Now part of the Tutor Doctor family of education brands, Code Wiz has positioned itself to capitalize on the explosive demand for STEM education that is being fueled by parental awareness of the critical role technology skills play in future career success, school district adoption of computer science requirements, and a broader cultural recognition that coding literacy is becoming as fundamental as reading and mathematics.

The landscape of children's enrichment education has evolved dramatically, yet a significant gap persists between what parents want for their children and what is readily available in most communities. School-based coding programs, where they exist at all, typically offer limited instruction time with generalized curricula that cannot accommodate individual learning speeds or interests. Online-only platforms provide convenience but often lack the mentorship, social interaction, and hands-on experience with robotics and hardware that research shows are essential for deep learning engagement. Traditional tutoring centers focus on academic remediation rather than the creative, forward-looking skill development that parents increasingly prioritize. Meanwhile, the Bureau of Labor Statistics projects software development jobs will grow significantly faster than average through the next decade, and technology companies consistently cite the shortage of qualified technical talent as their greatest challenge. This convergence of parental demand, educational gaps, and workforce needs creates a substantial and growing market for specialized coding education franchises that can deliver quality instruction at scale.

Code Wiz meets this demand with a comprehensive, center-based learning environment where students engage with coding and robotics through a personalized, self-paced approach that sets the brand apart from competitors relying on rigid class schedules and one-size-fits-all curricula. Each Code Wiz center offers a range of programs including after-school coding classes, weekend workshops, summer camps, birthday party events, and online sessions that extend the brand's reach beyond the physical center. Students work through progressively challenging projects using industry-relevant programming languages and platforms, building real applications, games, websites, and robotic systems that demonstrate tangible skill development. The proprietary curriculum is continuously updated to reflect the latest technology trends and educational best practices, ensuring that what students learn remains relevant and engaging. Instructors guide each student individually, adapting the pace and complexity of instruction to match the child's abilities and interests, creating the kind of personalized attention that parents value and that drives strong enrollment retention rates.

The investment required to open a Code Wiz franchise is structured to be accessible for first-time franchise owners while providing the infrastructure needed to deliver a premium educational experience. Total investment ranges from approximately $150,000 to $237,000, which includes the franchise fee, center build-out, technology equipment including computers and robotics kits, curriculum licensing, marketing launch costs, and initial working capital. Franchisees pay an ongoing royalty of 6 percent on gross sales and contribute up to 2 percent to the Brand Development Fund for national marketing initiatives. Additionally, franchisees are expected to invest a minimum of $1,500 monthly in local marketing to build awareness and drive enrollment within their territory. Code Wiz provides extensive pre-opening support including site selection guidance, center design specifications, instructor recruitment assistance, and a comprehensive training program that covers both the educational methodology and the business operations required to run a successful learning center. Ongoing support includes curriculum updates, marketing resources, technology platform maintenance, and regular coaching from the corporate team.

The education franchise sector has demonstrated remarkable resilience through economic cycles, and Code Wiz benefits from multiple revenue streams that provide operational stability and growth potential. Center revenue is generated through recurring monthly enrollments, drop-in classes, seasonal camp programs, special events like birthday parties and school field trips, and online instruction sessions that expand the addressable market beyond the center's immediate geographic radius. The recurring nature of monthly enrollments creates predictable revenue that simplifies business planning and supports favorable lending terms. SBA lending data tracked through PeerSense shows franchise lending activity for Code Wiz that reflects the growing institutional confidence in education technology franchise concepts, particularly those with the backing of established education franchise platforms like Tutor Doctor. The combination of strong parent demand, recurring revenue characteristics, and the growing cultural emphasis on STEM education positions Code Wiz franchisees to build sustainable businesses in communities that genuinely need the services being provided.

The growth potential for Code Wiz is amplified by several powerful tailwinds that show no signs of abating. State after state is adopting computer science education requirements, creating awareness among parents who then seek supplemental instruction to ensure their children excel. Major technology companies including Google, Microsoft, Apple, and Amazon have launched initiatives promoting coding education for youth, further normalizing the concept and driving demand. The rise of artificial intelligence and machine learning as transformative technologies has intensified parental urgency around ensuring their children develop the computational thinking skills needed to thrive in an AI-augmented workforce. Code Wiz has responded to these trends by continuously expanding its curriculum to include emerging technologies while maintaining the foundational programming skills that remain essential. The brand's integration into the Tutor Doctor ecosystem provides access to established operational infrastructure, cross-marketing opportunities, and the strategic guidance of a proven education franchise organization.

The ideal Code Wiz franchisee does not need a background in information technology or computer science, though a genuine enthusiasm for education and technology is essential. The company seeks franchise partners who are passionate about making a positive impact in their communities, comfortable leading and managing small teams of instructors, and committed to building relationships with local schools, parent organizations, and community groups. Strong marketing and sales abilities are valued, as building enrollment requires consistent community outreach and the ability to articulate the value proposition to parents evaluating various enrichment options for their children. The relatively modest investment requirements and home-based administrative model make Code Wiz particularly attractive for career changers, educators seeking entrepreneurial opportunities, and parents who want to build a business that aligns with their values while contributing to their community's educational infrastructure.

PeerSense provides comprehensive franchise intelligence for Code Wiz and thousands of other franchise brands, empowering prospective investors with the data-driven insights essential for making informed investment decisions. Through detailed analysis of SBA lending patterns, unit growth trends, competitive positioning within the education franchise segment, and financial performance benchmarks, PeerSense helps investors evaluate franchise opportunities with the same analytical rigor that institutional lenders apply to loan approvals. Whether you are comparing Code Wiz against other children's education and STEM franchise concepts, analyzing territory availability and market demographics, or assessing the brand's growth trajectory relative to industry trends, PeerSense delivers the transparent, actionable intelligence that enables confident franchise investment decisions. Explore the full Code Wiz franchise profile, review lending data, and connect with financing resources designed to help qualified candidates move from research to ownership with clarity and purpose.

FPI Score

85/100

SBA Default Rate

0.0%

Active Lenders

5

Key Highlights

Low SBA default rate (0.0%)
Surging lender activity

Data Insights

Key performance metrics for Code Wiz based on SBA lending data

SBA Default Rate

0.0%

0 of 12 loans charged off

SBA Loan Volume

12 loans

Across 5 lenders

Lender Diversity

5 lenders

Avg 2.4 loans per lender

Investment Tier

Mid-range investment

$150,000 – $237,000 total

Payment Estimator

Loan Amount$120K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$1,553

Principal & Interest only

Locations

Code Wizunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Code Wiz