About Code Wiz Franchise
Code Wiz is an educational franchise offering computer science classes, camps, and events for school age children and teens.
The curriculum covers coding, robotics, and 3D printing, delivered both at the learning center and at off site locations.
The franchise fee is $40,000, and the brand has been franchising since 2018 under the Clear Summit Group parent company.
Code Wiz Franchise Cost & Fees
Minimum Investment
$120K
Average Investment
$160K
Maximum Investment
$200K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $40,000 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Up to 2% of Gross Sales | National brand fund |
| Total Investment Range | $120,300 – $199,900 | Includes build-out, inventory, working capital |
The investment range of $120K–$200K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Sales) and marketing fee (Up to 2% of Gross Sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee (Note 1) | $40,000 | $40,000 |
| Construction and Leasehold Improvements (Note 2) | $1,500 | $8,000 |
| Lease Deposits – 3 Months (Note 3) | $0 | $12,000 |
| Furniture, Fixtures and Equipment (Note 4) | $10,700 | $12,700 |
| Signage (Note 5) | $5,000 | $8,000 |
| Computer Software | $0 | $1,500 |
| Grand Opening Support | $14,000 | $15,000 |
| Grand Opening Marketing (Note 7) | $10,000 | $12,000 |
| Initial Instructional Equipment (Note 8) | $8,300 | $18,700 |
| Utility Deposits (Note 9) | $500 | $1,200 |
| Insurance Deposits – 3 Months(Note 10) | $300 | $1,500 |
| Travel for Initial Training (Note 11) | $2,000 | $3,500 |
| Professional Fees (Note 12) | $500 | $3,000 |
| Licenses and Permits (Note 13) | $0 | $3,000 |
| Additional Funds – 3 months (Note 15) | $27,500 | $60,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 50% of the then current Initial Franchise Fee payable by a franchisee who is new to the System |
| Renewal Fee | 25% of the then current Initial Franchise Fee payable by a franchisee who is new to the System |
| Technology Fee | Up to $450 per month, currently $300 per month |
| Audit Fee | Cost of audit and inspection, any understated amounts, and relating accounting and legal expenses (we estimate this cost to be between $1,000 and $12,000) |
| Local Marketing | $1,000 per month |
| Insurance Administration Fee | Costs, plus a 20% administration charge |
| Insurance Review | $1,000 |
| Website Maintenance Fee | The then current fee, currently $0 (not to exceed $50 per month) |
| Administrative Service Fee | The then current fee, currently $0 (up to 2% of Gross Sales) |
| Online Ordering, Customer Rewards, and Gift Cards | Currently not implemented but may be implemented in the future (fees for access to ordering and other systems) |
| Local and Regional Advertising Cooperatives | As established by cooperative members |
| Annual Conference Attendance Fee | Our then current conference fee, not greater than $1,500 |
| Additional Employee Initial Training | Currently $750 per additional person for initial training and approximately $250 per attendee per day for additional training |
| Supplemental On-Site Training | Current rate is $300 per day, plus expenses |
| Interest | 18% per annum from due date |
| Reporting Non-Compliance | $150 per occurrence |
| Operations Non-Compliance | $450 to $1,000 per occurrence |
| Payment Non-Compliance | $150 per occurrence |
| Quality Assurance Audit | Actual costs incurred by us |
| Collections | Actual fees, costs, and expenses |
| Non-Compliance | Actual fees, costs, and expenses |
| Supplier Review | Actual fees, costs, and expenses |
| Management Service | 20% of Gross Sales, plus expenses |
| Relocation Fee | Will vary under circumstances |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 2-week period |
| Classroom Training | 40 |
| On-the-Job Training | 100 |
| Training Location | Westford, Massachusetts and Online |
| Additional Training | Franchisor may require supplemental on-site training, refresher training courses, advanced training courses, and additional or special assistance or training. Franchisee or Managing Owner and Manager must attend system-wide training programs (not more than 5 days per calendar year). |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive (but with protection against other Code Wiz units) |
| Exclusive Territory | No |
| Territory Size | the smaller of a distance of 5 miles from the Retail Learning Center Location in all directions travelable by road or, a territory encompassing a population of 15,000 individuals between ages of 5 and 18 |
| Description | The Designated Territory may be identified by zip code, boundary streets, highways, county lines, designated market area, and/or other recognizable demarcations. If located in a shopping mall or similar facility, the territory may be limited to its physical boundaries. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | 1 additional 5-year term |
| Renewal Fee | 25% of the then current Initial Franchise Fee payable by a franchisee who is new to the System |
| Renewal Conditions | Franchisee must be in compliance, provide 180 days prior written notice, sign the then-current Franchise Agreement and related agreements, sign a general release, pay a renewal fee, remodel/upgrade the center, secure legal right to occupy premises, and meet all other renewal requirements. Owners and spouses must also comply and guarantee the new agreement. |
| Transfer Fee | 50% of the then current Initial Franchise Fee payable by a franchisee who is new to the System |
| Transfer Conditions | Transfers require franchisor's prior written consent. Conditions include: 30 days prior written notice, all monetary obligations satisfied, no default, transferee must agree to be bound by all terms, transferee owners/spouses must guarantee, general release signed, assignment/ownership of approved location, assets transferred, transferee/owners/managers complete training, franchisor waives right of first refusal, franchisor approval of transfer and transferee, payment of Transfer Fee, and compliance with all applicable laws. |
| Termination for Cause | Franchisor can terminate for various defaults, including failure to pay fees (10-day cure), failure to secure an approved location, open on time, operate according to standards, comply with laws, maintain insurance, or underreport sales (30-day cure). Non-curable defaults include repeated curable defaults, intentional non-compliance, operating in violation of health/safety laws, abandonment, loss of premises, misrepresentation, unauthorized transfer, disclosure of confidential information, felony conviction, or misuse of marks. |
| Non-Compete Period | 24 months |
| Non-Compete Details | During the term and for 24 months after termination/expiration, franchisee, owners, and spouses cannot have any interest in, operate, manage, fund, or perform services for any competitive business within the Designated Territory, a 15-mile radius of the Designated Territory, or a 15-mile radius of any other Code Wiz Retail Learning Center's designated territory. Confidentiality, non-disclosure, and non-solicitation covenants also apply. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The Managing Owner is personally responsible for the management and overall supervision. While personal day-to-day participation is recommended, an Operating Manager can be hired to supervise and manage on-site operations, provided they meet franchisor's criteria, complete initial training, and sign a confidentiality agreement. The Retail Learning Center must always be managed and supervised on-site by either a Managing Owner or an Operating Manager. |
| Required Suppliers | Franchisee must purchase or lease System Supplies, designated furniture and fixtures (branded items from designated suppliers), signage from designated suppliers, point of sale system and computer equipment, credit card processing from designated supplier, online ordering/customer rewards/gift card systems from designated supplier (IClassPro), branded items and marketing materials from franchisor or designated suppliers, and insurance from a responsible carrier (franchisor designates a preferred provider). |
| Supply Restrictions | Franchisee may only offer and sell Approved Services and Products and must use only authorized and designated products, supplies, equipment, technology systems, and services. Franchisor may designate itself or affiliates as exclusive suppliers. All items must meet franchisor's specifications and standards. |
| Franchisor Revenue from Suppliers | No revenue received from suppliers as of Issuance Date, but franchisor reserves the right to receive rebates/payments in the future. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee your note, lease or other obligation. |
Code Wiz Franchise Earnings — Item 19
Code Wiz does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
Code Wiz does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Code Wiz Litigation & Risk Flags
Clean Litigation RecordCode Wiz has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Code Wiz System Growth
Total Units
4
Franchised
3
Company-Owned
1
Code Wiz currently operates 3 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 2 | 0 | 3 |
| 2020 | 2 | 1 | 4 |
| 2021 | 0 | 0 | 4 |
Transfers: 0 | Closures: 1
State Registrations
Registered in 23 states: CA, CT, FL, HI, IL, IN, KY, ME, MD, MI, MN, NE, NY, NC, ND, RI, SC, SD, TX, UT, VA, WA, WI
Franchisor Financials (Item 21)
Revenue
$64K
Net Income
$-227,701
Total Assets
$185K
Code Wiz Franchise — FAQ
The total investment to open a Code Wiz franchise ranges from $120,300 to $199,900, per their Franchise Disclosure Document. This includes the initial franchise fee of $40,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Code Wiz charges a royalty fee of 6% of Gross Sales of gross sales, plus a Up to 2% of Gross Sales contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Code Wiz Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Code Wiz to ensure you have the most up-to-date version.
Code Wiz does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
Code Wiz has been franchising since 2018. The FDD shows an investment range of $120,300-$199,900, a 6% of Gross Sales royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $40,000 and the total investment ranges from $120,300 to $199,900 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Code Wiz and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Code Wiz or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com