Code Ninjas Celebrates First Year of Franchise Success, Forecasts 2018 Growth
Popular Children's Coding Concept Awards More Than 100 Franchises in 2017, Looks to Build on its Robust Development Pipeline
PEARLAND, Texas - Jan. 3, 2018 // PRNewswire // - Entrepreneur Magazine recently unveiled its Top 10 Franchise Categories for 2018, highlighting the segments poised to dominate the franchise space this year. One category that is forecasted to shine in 2018 is Child Enrichment franchises. With parents increasingly willing to pay for their children to learn while having fun, it's clear why this segment has become one of the fastest-growing franchise categories.
One brand reaping the benefits of this surge in popularity is Code Ninjas, a startup kids coding franchise. Although it just launched its franchise opportunity in February 2017, the brand has already cemented itself as the fastest-growing kids coding franchise by entering 2018 with more than 100 franchise agreements sold.
"2017 was a year of incredible milestones for us and we have no plans to slow down in 2018," said David Graham, CEO and founder of Code Ninjas. "We're positioned to double our current signed agreement pipeline in the first half of 2018, helping us achieve our goal of closing out the year with at least 300 units sold."
With its flagship location in Pearland currently operating and 21 locations slated to open in Q1 of 2018 alone, Code Ninjas anticipates at least 50 units operating by the end of Q2 and 100 operating by the end of the year. To achieve this goal, Code Ninjas seeks qualified franchise partners looking for a personally and financially rewarding business opportunity that positively impacts America's youth. Interested candidates do not require previous coding experience. The Code Ninjas leadership team brings decades of experience in the software development and franchising fields, and offers significant support for marketing/sales, operations, and extensive training.
"Our mission is to teach children to think and problem-solve like a coder, as well as obtain skills to achieve future professional success," added Graham. "We're humbled by our success thus far and look forward to fostering growing relationships with parents and children in communities across the nation to achieve our mission."
As a low-cost investment opportunity in the thriving children's enrichment sector, Code Ninjas franchisees can expect an investment ranging from $108,000 to $223,000. The brand looks to further expand its footprint in existing markets throughout Texas, as well as break into new territories. Specifically, the brand is targeting Chicago, Denver, Phoenix, Washington, D.C., among more.
About Code Ninjas
Code Ninjas, founded in 2016, is the fastest growing kids coding franchise in the United States. With its flagship location currently open in Pearland, Texas, the company has more than 100 locations in development, including 53 franchisees across 23 states. Code Ninjas teaches kids ages 7-14 how to code in a fun, welcoming, and non-intimidating atmosphere using a game-based curriculum. For more information on how you can open your own Code Ninjas location, visit www.codeninjasfranchise.com.
SOURCE Code Ninjas
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