Icode vs Snapology
Icode vs Snapology: Icode costs $77K to $491K to open; Snapology costs $75K to $106K. Icode has 51 units, Snapology has 9. SBA loan history: Icode = 35 loans (5.7% default); Snapology = 12 loans (8.3% default). The franchise with more SBA funded units, a lower SBA default rate, and a lower royalty load is the safer financing bet; see the comparison below.
Icode vs Snapology: Capital, Scale & Lending Analysis
Analysis based on FDD filings and SBA 7(a) loan level data. Each pairing reflects a unique combination of capital intensity, system scale, and financing path.
Capital Intensity
Snapology requires the lower minimum capital commitment ($75K vs $77K for Icode), a 2% spread. Initial franchise fees come in at $40K for Icode versus $40K for Snapology. Ongoing royalty load is 8% for Icode and 7% for Snapology, giving Snapology the lighter per-unit drag on operating income.
System Scale & Tenure
On scale, Icode operates 51 units to Snapology's 9, roughly 6× the system size.
SBA Lending Profile
Icode has the deeper SBA lending track record, with 35 7(a) approvals compared with 12 for Snapology. Icode's peak SBA year was 2023 (10 loans); Snapology's peak was 2023 (6 loans). Snapology's more recent peak generally indicates fresher lender appetite. Icode has the most SBA funded units in TX, with 10. Snapology leads in CA, with 3. Borrowers should pick the brand whose strongest SBA state matches their own state for warmer lender introductions. Average SBA loan size on funded Icode deals is $268K vs $156K for Snapology, useful as a sizing anchor when modeling your own unit.
Risk Signal
SBA default rates are 5.7% for Icode and 8.3% for Snapology, Icode has the cleaner SBA loss record by 2.6 points. PeerSense FPI scores come in at 63 (Moderate) for Icode and 61 (Moderate) for Snapology, giving Icode the stronger composite signal across SBA performance, lender appetite, and operational consistency.
Health & Performance
FPI Score | 63/100 | 61/100 |
Health Tier | Moderate | Moderate |
Confidence | N/A | N/A |
Lending Trend | Stable | Stable |
SBA Lending
SBA Loans | 35 | 12 |
SBA Volume | – | – |
Default Rate | 5.7% | 8.3% |
Peer Tier | established | growing |
Investment & Costs
Total Investment | $77K to $491K | $75K to $106K |
Franchise Fee | $40K | $40K |
Royalty Rate | 8% | 7% |
Ad Fund | 2% | 2% |
Liquid Capital | N/A | N/A |
Net Worth Required | N/A | N/A |
Financial Performance (Item 19)
Item 19 Status | Disclosed | Disclosed |
System Size & Operations
Total Units | 51 | 9 |
Franchised Units | 47 | 9 |
Company Owned | 4 | – |
Term Length | 10 yrs | 5 yrs |
Brand Information
Year Founded | N/A | 2010 |
Franchising Since | 2016 | N/A |
Years Franchising | 10 yrs | N/A |
Headquarters | TX | CA |
Category | All Other Miscellaneous Schools | All Other Miscellaneous Schools |
Website | ||
FDD Year | 2025 | 2025 |
Which Is Better, Icode or Snapology?
Lower upfront capital required
Snapology
Icode: $77K starting · Snapology: $75K starting
More SBA lender confidence
Icode
Icode: 35 SBA loans · Snapology: 12 SBA loans
Lower SBA default rate
Icode
Icode: 5.7% · Snapology: 8.3%
Larger system & brand presence
Icode
Icode: 51 units · Snapology: 9 units
Lower ongoing royalty load
Snapology
Icode: 8% · Snapology: 7%
More lender financing options
Icode
Icode: 14 unique lenders · Snapology: 8 unique lenders
Decision matrix uses publicly disclosed FDD and SBA loan data. Not a recommendation. Your best franchise depends on capital, market, operating capacity, and risk tolerance.
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About These Franchises
Icode vs Snapology: Franchise Funding Comparison
Comparing Icode and Snapology is about more than brand preference. It's about which franchise fits your financial profile and funding strategy. Investment ranges from $75K to $491K.
Icode has 35 SBA loans on record and Snapology has 12. Those totals are cumulative history rather than a measure of current appetite. Both brands have an established underwriting path, though the lender that fits a specific deal still depends on its size, location and the buyer.
SBA 7(a) loans are the most common franchise funding vehicle, offering up to $5M with as little as 10% down. PeerSense connects franchise buyers with the specific lenders who have approved loans for these brands, not generic referrals, but lenders with actual franchise lending track records.
Data sourced from SBA loan records, Franchise Disclosure Documents, and public filings. Updated regularly. Not financial advice, consult with a lending professional before making investment decisions.
Icode vs Snapology, Frequently Asked Questions
Which is a better franchise investment, Icode or Snapology?
How much does a Icode franchise cost compared to Snapology?
Can I finance Icode or Snapology with an SBA loan?
Which has a lower SBA default rate, Icode or Snapology?
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
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