Code Wiz
The total investment to open a Code Wiz franchise ranges from $150,000 to $237,000. The initial franchise fee is $40,000. Ongoing royalties are 6% plus a 2% advertising fee.
What is the Code Wiz franchise?
Code Wiz is an education business that teaches children coding and robotics. The estimated total initial investment is $150,000 to $237,000, and the initial franchise fee is $40,000.
The royalty is 6 percent of sales. Code Wiz is headquartered in Westford, MA.
The brand was founded in 2017 and began franchising in 2019. The cost and fee figures come from the 2023 Franchise Disclosure Document.
Loan Activity Score
85/100
SBA Default Rate
0.0%
Active Lenders
5
According to its Franchise Disclosure Document or public business records, Code Wiz has 9 locations, all owned by franchisees. Public SBA loan records show 5 lenders made 12 loans to franchisees of Code Wiz. PeerSense calculates Code Wiz's score as 85 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2023 Franchise Disclosure Document. To correct a figure, email the current FDD and the differing item numbers to info@peersense.com, and this page will be updated.
Franchising since 2017 · 9 locations
$150,000 to $237,000
$40,000
9
9 franchised
Proprietary PeerSense metric
ExcellentDistinct lenders in public SBA records for Code Wiz
12
Total SBA loans
$141K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Code Wiz
Loan Activity Score Breakdown
Growing (10 to 24 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
0.0%
vs 9.5% peer avg
SBA Loans
12
Total Volume
$1.7M
Active Lenders
5
2 selective
States
8
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Code Wiz based on SBA lending data
SBA Default Rate
0.0%
9.5% below peer avg
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 to $237,000 total
Code Wiz: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2022
5 approvals. The best year on record for Code Wiz.
Top SBA State
Florida
2 SBA financed Code Wiz locations, the densest operator footprint.
Average Loan Size
$141K
Median $139K. Use as a sizing anchor when modeling your own Code Wiz unit.
Lender Concentration
83.3%
Concentrated
Share of Code Wiz approvals captured by the top 3 SBA lenders.
Code Wiz's SBA lending pipeline peaked in 2022 (5 approvals). The last five fiscal years account for 92% of cumulative volume ($1.4M approved). Operator density is highest in Florida with 2 SBA financed locations. Average funded ticket sits at $141K, with the median at $139K. Lender mix is concentrated: the top three SBA lenders account for 83.3% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$1,553
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Code Wiz, unit breakdown
Explore Funding for Code Wiz
Our business financing consultants help connect you with the right lending partners. Referral fee paid at closing.
Or get an instant analysis
Scan Your Deal Instantly2 FDDs Available for Code Wiz
Review franchise fees, investment ranges, royalties, Item 19 financial data, and year over year trends. Request complimentary access through your PeerSense funding advisor.
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