theCoderSchool franchise unit economics
theCoderSchool franchisees run coding schools for children that sell after-school programs, private sessions, camps and online coaching.
theCoderSchool franchise at a glance
In its 2026 FDD the franchisor reports that 66 franchised schools open more than a year averaged $307,448 of gross revenue in 2025, with a median of $274,500. Item 19 publishes revenue and student counts, and no profit figures.
theCoderSchool franchised schools open more than one year averaged $307,448 of gross revenue in 2025, with a median of $274,500, according to Item 19 of theCoderSchool’s 2026 FDD, issued 23 March 2026. Fees paid to theCoderSchool come to about 6.39%* of sales. A theCoderSchool franchise costs $79,200 to $197,950 to open.
- A theCoderSchool franchise costs $79,200 to $197,950 to open, including a $29,950 initial franchise fee, according to the brand’s 2026 FDD.
- theCoderSchool charges a royalty of 5% of Net Sales, a 1% Brand Fund contribution and a $99 monthly website hosting and software fee.
- On Averan’s reading, theCoderSchool’s charges come to about 6.39% of sales at the average school.*
- theCoderSchool reported 69 franchised schools and 2 company-owned schools at the end of 2025 in its Item 20 status tables.
- 33 of the 66 reporting theCoderSchool franchised schools, 50%, met or exceeded the average.
- theCoderSchool franchised schools averaged 91 students in 2025, with a median of 90.
- theCoderSchool teaches children aged 7 to 18.
These figures come from theCoderSchool's 2026 Franchise Disclosure Document, as the brand reported them, and were read by Averan Advisors. The 6.39% total of brand charges at the average school is an Averan calculation: 5% royalty plus 1% Brand Fund plus $1,188 a year of website fees, divided by the $307,448.31 average.
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Talk to Averan → Averan theCoderSchool Conversion Package →- The median franchised school reported $274,500, which is $32,948 below the average. The average of $307,448 sits 12.0% above the median.* 33 of the 66 schools, 50%, met or exceeded the average.
- The highest-revenue franchised school reported 25.3 times the revenue of the lowest. Gross revenue ran from $37,214 to $941,262 across the 66 schools.* Item 19 does not group the schools into bands or quartiles.
- The average franchised school counted 91 students in 2025. Dividing average revenue by average students gives about $3,379 per student.* Student counts ran from 13 to 243, with a median of 90.
- The 2 company-owned schools averaged $358,463 on 85 students. That is about $4,217 per student on the same method.* The company-owned figures are a separate group of two schools and are not part of the franchised average.
- No franchised school was terminated, not renewed or reacquired from 2023 to 2025. Status tables show 14 openings and 2 schools that ceased operations for other reasons, taking franchised schools from 57 to 69.
Gross revenue
How much does a theCoderSchool franchise make?
| Measure | Franchised schools (66) | Company-owned schools (2) |
|---|---|---|
| Average gross revenue | $307,448 | $358,463 |
| Schools meeting or exceeding the average | 33 (50%) | 1 (50%) |
| Median gross revenue | $274,500 | $358,463 |
| Highest gross revenue | $941,262 | $391,845 |
| Lowest gross revenue | $37,214 | $325,081 |
Source: Item 19, Tables 1 and 3, 2026 FDD. The franchised figures cover schools open and operating more than one year at the end of 2025; Branford, Tempe, Walnut and Wexford are excluded as newer schools, and a Cupertino school that moved from company-owned to franchised is also excluded.
The 66 franchised schools averaged $307,448 of gross revenue in 2025. The median franchised school reported $274,500. Gross revenue is measured before operating expenses, royalties, marketing fees and other costs, and the franchisor relied on figures submitted by franchisees.
The FDD publishes revenue and student counts, and no profit or cost figures. Rent, wages, software and the franchise charges all come out of gross revenue before an owner is paid. Item 6 puts site lease payments at $2,000 to $6,000 a month, paid to the landlord.
The 2 company-owned schools are reported as their own group. They averaged $358,463, from $325,081 to $391,845. Every average on this page refers to the 66 franchised schools unless it says company-owned.
Students
Students per school, 2025
| Measure | Franchised schools (66) | Company-owned schools (2) |
|---|---|---|
| Average student count | 91 | 85 |
| Schools meeting or exceeding the average | 31 (47%) | 1 (50%) |
| Median student count | 90 | 86 |
| Highest student count | 243 | 90 |
| Lowest student count | 13 | 81 |
| Average revenue divided by average students * | $3,379 | $4,217 |
Source: Item 19, Tables 2 and 4. The closing row is an Averan calculation, marked *, dividing each group’s average gross revenue by its average student count. It is a ratio of two averages, not an average of each school’s own figure.
The average franchised school counted 91 students in 2025, and the median school 90. 31 of the 66 schools, 47%, met or exceeded the average count. The FDD does not say whether the count is students enrolled at year end, across the year or in an average month.
Average revenue divided by average students comes to about $3,379 for the franchised group.* The same division gives about $4,217 for the 2 company-owned schools.* The FDD does not publish revenue per student or tuition prices, so these figures are Averan’s arithmetic on the printed averages.
Spread
How results spread across franchised schools
| Point | Gross revenue | Share of the average * |
|---|---|---|
| Highest school | $941,262 | 306.2% |
| Average | $307,448 | 100.0% |
| Median school | $274,500 | 89.3% |
| Lowest school | $37,214 | 12.1% |
Source: Item 19, Table 1. The last column is an Averan calculation, marked *, dividing each figure by the $307,448.31 average.
Item 19 does not split franchised schools into bands, quartiles or other performance groups. It publishes the average, the median, the highest and the lowest school, and how many schools met or exceeded the average.
The highest school reported $941,262 and the lowest $37,214. That is a ratio of 25.3 to 1.* Student counts ran from 13 to 243 across the same 66 schools.
Half the reporting schools, 33 of 66, met or exceeded the average. The median sits $32,948 below the average,* so some higher-revenue schools lift the average above the middle school.
Brand charges
Brand charges
| Charge | Rate in Item 6 | At the $307,448 average * |
|---|---|---|
| Royalty | 5% of Net Sales, monthly | $15,372 |
| Brand Fund | 1% of Net Sales, monthly | $3,074 |
| Website hosting and software | $99 a month | $1,188 |
| Total | 6% of Net Sales plus $99 a month | $19,635 (6.39% of sales) |
Source: Item 6, 2026 FDD. Dollar amounts are Averan calculations, marked *, applying the Item 6 rates to the Item 19 franchised average of $307,448.31. Net Sales in Item 6 and Gross Revenue in Item 19 are defined separately; the calculation treats them as equal.
The franchisor charges a 5% royalty, a 1% Brand Fund contribution and $99 a month for website hosting and software. At the average franchised school that comes to about $19,635 a year, or 6.39% of sales.* At the median school it is about $17,658, or 6.43%.*
At the lowest-revenue school the same charges come to about 9.19% of sales.* The $99 monthly fee is fixed, so it is a larger share at lower revenue. At the highest school the total is about 6.13%.*
The Brand Fund rate can rise to 2% of Net Sales. The first six franchisees and company-owned schools contribute 0.5%. Where a lower rate has been approved, the franchisor may raise it up to 2% on 30 days’ written notice.
Other costs are paid to third parties. Item 6 lists third-party software at $250 to $450 a month. Item 11 recommends, without requiring, a local advertising budget of up to 3% of revenue, and puts the grand opening at $1,000 to $10,000. A transfer costs one-third of the then-current initial fee and a renewal one-sixth.
Cost to open
Cost to open
| Item | Low | High |
|---|---|---|
| Initial franchise fee | $29,950 | $29,950 |
| Site lease and security deposits | $5,000 | $12,000 |
| Leasehold improvements | $20,000 | $80,000 |
| Furnishings | $3,000 | $5,000 |
| Equipment | $7,000 | $10,000 |
| Signage | $3,000 | $10,000 |
| Supplies | $400 | $1,000 |
| Expenses while attending training | $0 | $0 |
| Initial advertising and promotion | $3,000 | $10,000 |
| Computer software, initial costs | $650 | $1,000 |
| Permits, licenses and legal fees | $200 | $6,000 |
| Prepaid insurance premiums | $2,000 | $3,000 |
| Additional funds, 3 months | $5,000 | $30,000 |
| Total | $79,200 | $197,950 |
Source: Item 7, 2026 FDD. The estimate covers setting up a school and operating it for 3 months.
A theCoderSchool franchise costs $79,200 to $197,950 to open. Leasehold improvements are the widest line, at $20,000 to $80,000. Item 6 bases site costs on about 1,000 to 1,200 square feet in a strip center or similar high-traffic area.
The initial franchise fee is $29,950. A second franchise is $19,950, and members or honorably discharged members of the armed forces receive 10% off the initial fee. In certain states the fee is deferred until the school opens.
Initial training is currently held by videoconference, so the Item 7 training line is $0. The equipment line covers 14 computer set-ups, a TV of 55 inches or more and an iPad mini for check-in.
Item 11 puts the typical time from signing to opening at 2 to 5 months. The franchisee must open within 180 days of signing. The protected territory is an approximate 5-mile radius around the school.
Locations
Locations, 2023 to 2025
| Year | Franchised at start | Opened | Terminated | Non-renewed | Reacquired | Ceased, other | Franchised at end | Company-owned at end | Transfers |
|---|---|---|---|---|---|---|---|---|---|
| 2023 | 57 | 3 | 0 | 0 | 0 | 1 | 59 | 3 | 0 |
| 2024 | 59 | 7 | 0 | 0 | 0 | 1 | 65 | 3 | 5 |
| 2025 | 65 | 4 | 0 | 0 | 0 | 0 | 69 | 2 | 3 |
| 2023–2025 | 57 | 14 | 0 | 0 | 0 | 2 | 69 | 2 | 8 |
Source: Item 20, Tables 2, 3 and 4. The 2023–2025 openings, ceased and transfers totals are Averan sums of the yearly figures. Item 20 Table 1 prints 72 total outlets at the end of 2025, while the status tables give 69 franchised and 2 company-owned.
Franchised schools went from 57 at the start of 2023 to 69 at the end of 2025. 14 schools opened over the three years and 2 ceased operations for other reasons. There were no terminations, non-renewals or reacquisitions.
Company-owned schools fell from 3 to 2 in 2025. One California school was sold to a franchisee that year. Item 19 names it as a Cupertino school and leaves it out of the franchised figures.
8 franchised schools changed hands between owners from 2023 to 2025. Item 20 reports 5 transfers in 2024 and 3 in 2025. Item 6 says the franchisor waived the transfer fee for some transfers between existing franchisees in the last fiscal year.
Item 20 reports no signed franchise agreements for schools not yet open at the end of 2025. It projects 2 new franchised schools in 2026, one in California and one in Illinois.
Questions we get asked
Questions owners ask
How much does it cost to open a theCoderSchool franchise?
The 2026 FDD estimates $79,200 to $197,950, including the $29,950 initial franchise fee and 3 months of additional funds. Leasehold improvements, at $20,000 to $80,000, are the widest line in Item 7.
What fees does a theCoderSchool franchisee pay?
A royalty of 5% of Net Sales, a Brand Fund contribution of 1% of Net Sales, and a $99 monthly website hosting and software fee. At the 2025 franchised average those come to about $19,635 a year, or 6.39% of sales, on Averan’s calculation. Third-party software runs a further $250 to $450 a month.
How much revenue does a theCoderSchool school make?
The 66 franchised schools open more than one year averaged $307,448 of gross revenue in 2025, with a median of $274,500. The highest reported $941,262 and the lowest $37,214. The FDD does not publish profit.
How many students does a theCoderSchool school have?
Franchised schools averaged 91 students in 2025, with a median of 90 and a range of 13 to 243. The 2 company-owned schools averaged 85.
How many theCoderSchool locations are there?
Item 20 status tables show 69 franchised schools and 2 company-owned schools at the end of 2025. Franchised schools grew from 57 at the start of 2023, with 14 openings, 2 closures and no terminations over three years.
Does theCoderSchool give a protected territory?
Yes. The territory is an approximate 5-mile radius around the approved school. Item 12 also states that the territory is not exclusive and lists rights the franchisor keeps inside it.
Questions worth putting to theCoderSchool
These are questions the filing leaves open. An owner or a buyer can put them to the franchisor directly.
- Is the revenue in Item 19 gross sales or collected revenue, and how many locations sit below the average?
- Which factors does theCoderSchool see in its highest-selling locations, such as territory, years open and staffing?
- How long does a new location take to reach the average you publish, and what does the build-up look like month by month?
- At what level of sales do the minimum charges stop applying and the percentage take over?
- How many theCoderSchool locations closed, were sold, or changed hands last year, and why?
Run your own numbers.
The Franchise Numbers Check runs the same checks on your own numbers. It scores where you stand and compares you with Item 19 of your brand’s FDD. It works out what one location earns and spends, and builds a 13-week cash forecast. It also checks whether you are ready to open another one. It is free and it runs in your browser.
Launch the diagnostic →Reporting for a theCoderSchool owner
We review your unit economics and cash forecast and build your monthly reporting around the figures on this page.
Talk to Averanthe franchise library, all 431 brands · how franchise unit economics work · running the books across several locations · what Averan does for franchise owners
Other brands in the STEM And Coding guide: Bricks 4 Kidz · Challenge Island · Code Ninjas · Engineering For Kids · Snapology · STEM Builders Learning Center.
Questions owners ask next
The figures above raise these, and each one is answered on its own page.
- At what level of sales does a minimum fee stop costing me more than the percentage?It works out the sales level where a minimum fee stops applying.
- How much cash do I fund before a new location covers its own costs?It builds a 13-week forecast for the months before break-even.
- What does this location earn on the money I put into it?It works out the payback period and cash-on-cash return for one unit.
- How much of Item 19 can I rely on?It explains what an Item 19 financial performance representation tells you and what it leaves out.
Where these figures come from
Every figure here comes from The Coder School San Francisco, LLC’s 2026 FDD and is unaudited by us. We are unaffiliated with the brand. Calculations of our own are labeled where they appear. The figures describe past performance at other businesses and are not a projection of yours. This page is an educational summary. It is not an offer to sell a franchise, and it is not financial, legal or tax advice. theCoderSchool is a trademark of its owner. How Averan reads a Franchise Disclosure Document.
These figures come from the brand's disclosure. They are not a forecast, an offer to sell a franchise or advice. Source: The Coder School San Francisco, LLC, 2026 Franchise Disclosure Document, issued 23 March 2026.