Icode Franchise Review 2026: Ratings & Verdict

Product details

Contents

Key facts


The Verdict

Quick Verdict · who it fits

Icode fits first-time franchise buyers looking for a mid-scale child services concept.

✓ Strengths

⚠ Risks to review

Key FDD Facts

The numbers a buyer needs first — straight from the filing.

Initial investment (Item 7)

$296K - $447K

Franchise fee (Item 5)

$40K

Royalty (Item 6)

8–12% + 2% ad

System size (Item 20)

61 +19

Years in business

5+ yrs

Item 3 litigation

1 suit

Model Icode's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.

Buyer qualifications

Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.

What you'd pay the franchisor

Drag to your projected annual sales. Royalty 8–12% + ad fund 2% on gross sales.

PROJECTED ANNUAL SALES$500,000

$100k$2M

Royalty (8–12%)

Ad fund (2%)

Total / year

▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration

Executive Summary

Free AI summary — the first read on the filing.

Key Numbers

61

Total units open

19

Units opened last year

0

Units closed last year

14

Net unit growth

AI Due Diligence Findings PREMIUM

What our analysis flagged across the 2026 filing.

5

Risks to review

3

Strengths identified

4

Questions to ask

Industry Benchmarks

How Icode ranks against 138 Child Services & Education peers we've analyzed.

Initial investment

70th pct · of 138 peers

Franchise fee

31st pct · of 138 peers

System size

66th pct · of 138 peers

Child Services & Education industry averages

Avg investment

$372K - $1.0M

Avg franchise fee

$46K

Avg system size

95

Franchises analyzed

138

How Icode stacks up

Closest concepts by category and investment.

Brand Item 19 Fee Investment Royalty Units
Icode Disclosed $40K $296K - $447K 8–12% 61
Toodley TownSimilar price Disclosed $50K $282K - $442K 8% 1
Kumon North AmericaBiggest system Disclosed $2K $102K - $234K 1,705
Uatp ManagementTop-rated in category Disclosed $100K $2.9M - $5.4M 7% 202

Compare side-by-side ↗

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Frequently Asked Questions

How much does a Icode franchise cost?

Icode requires a $40,000 initial franchise fee and a total initial investment range of $296,000–$446,500, per the most recent FDD on file.

Who owns Icode?

Icode franchises are sold by iCode Franchise, Inc, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the corporate structure, including any parent companies and predecessors.

Does Icode disclose financial performance (Item 19)?

Yes. Icode discloses Item 19 financial performance representations in its FDD. See the financials sub-page for the disclosed figures.

What ongoing fees does Icode charge?

Franchisees pay a royalty of 8% (iCode School); 12% (iCode Reach) and an advertising fund contribution of 2% on gross sales as defined in Item 6 of the FDD.

How many Icode locations are there?

As of their 2026 FDD, Icode has 61 total locations, with 19 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.

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