Profitable Code Ninjas Franchise

Sandy, UT (Salt Lake County)

Profitable Code Ninjas Franchise
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Asking Price: $599,000

Cash Flow: $188,000

Gross Revenue: $330,000

EBITDA: N/A

FF&E: $172,000

Inventory: N/A

Rent: $4,118 /Month

Established: 2018

Profitable Code Ninjas Franchise

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Business Description

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At Code Ninjas we teach kids computer coding and robotics with a fun video game building curriculum. Parents love or practical tech education and flexible schedules. Kids love building games in our state-of-the-art center. It’s a win-win!

Today in Utah, the tech sector already makes up 20% of the state’s GDP, and 1 in 7 jobs are in tech. These numbers will only increase over the next decade. Parents want their kids to know how to code, which makes our program a no brainer when it comes time to enroll. Everything is set up and ready for you to take over! There is so much you can do and so many ideas to try with this franchise. In place is a network of hundreds of collaborative owners and directors always willing to brainstorm with.

With the support of the franchise, our curriculum is always up to date and cannot be matched in the market on this scale. HQ spends a significant amount of time ensuring Code Ninjas centers always have the latest resources for our ninjas. Code Ninjas recently partnered with codeSpark and created a phenomenal program for JR ninjas ages 5-8. The license for our center into this program has been paid for through April 2020.

We opened in October 2018 and have already created a profitable business.

• Fixed yearly costs: $142,000 (Less if you want to be an owner operator)
• 2019 earnings: $220,000
• Projected 2020 (conservative) earnings: $330,000 (This is with what we have set up. You can make more if you decide to introduce the PRO program coming early 2020. You can also increase revenue by partnering with and doing camps inside of local schools. You can also run an after school program at the center for more income.)
• Proven month over month growth since opening
• Dedicated and fully trained staff in place
• All FF&E is high quality and still looks brand new after a year of use
• Full support and training given to owners by the Franchisor
• Rent will remain fixed for the next four years. NO INCREASES!
• Responsive landlord
• Franchise-ran Corporate Alliance program with over 600 companies and adding more daily
• Facebook page with 600 followers and database of over 1,000 leads included
• Beautiful location in an affluent community, dozens of schools nearby.
• We have paid for plans and have gotten them approved through HQ for an expansion (Approx. $9,000 cost to you) if you want to maximize your investment.

Please email inquiries to emily.clark@codeninjas.com.

Detailed Information

Location:
Sandy, UT
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,100
Lease Expiration:
4/1/2024
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
There is no other coding center for kids in Utah besides Code Ninjas.
Support & Training:
Ongoing support and training as needed through the franchise network.
Reason for Selling:
Relocating out of state
Franchise:
This business is an established franchise
Business Website:
http://www.codeninjas.com/locations/ut-sandy
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Business Listed By:
Emily Clark

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