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iCODE

iCODE

The total investment to open a iCODE franchise ranges from $77,000 to $490,500. The initial franchise fee is $40,000. Ongoing royalties are 8% plus a 2% advertising fee.

What is the iCODE franchise?

Parents are looking for ways to prepare children for an economy shaped by technology, while traditional schools may not cover every skill families believe their children will need. Icode addresses that need through supplemental education focused on coding, critical thinking, problem solving, and computational literacy. The brand’s specific founding details are not publicly disclosed, but its offering reflects rising demand for accessible technology education for young people. Icode currently has 23 active units, and every location is franchised. The brand operates in the All Other Miscellaneous Schools and Instruction category and serves part of the global supplemental education market, estimated at $200 billion in 2023 and projected to exceed $450 billion by 2030, with a compound annual growth rate of over 12%. The global K-12 technology and coding education niche is estimated at approximately $30 billion and is expected to grow at a compound annual growth rate exceeding 18% over the next five years. For a buyer, that places Icode in a specialized segment connected to demand for technology education and preparation for future work.

The wider All Other Miscellaneous Schools and Instruction category includes specialized youth technology education and has attracted interest as supplemental learning demand expands. The broader supplemental education market is valued in the hundreds of billions of dollars, while the technology education segment is growing at an 18% compound annual growth rate. Demand is supported by greater parental awareness of STEM skills, the widespread use of digital devices, and family efforts to help children compete in an automated, artificial intelligence driven economy. Government programs promoting digital literacy, changing job requirements, and interest in personalized learning also support the category. Traditional schools may not always provide the specialized instruction families seek. Education is often treated by families as a necessary expense, and the model can be expanded across locations. The market remains fragmented, with local providers and independent tutors competing for students. That fragmentation may give a standardized brand such as Icode room to build recognition through consistent curriculum, teaching methods, and community relationships. Buyers should still expect competition and assess how well the local market supports a branded technology education center.

The specific Icode franchise fee is not publicly disclosed. Typical initial franchise fees in the All Other Miscellaneous Schools and Instruction category range from $35,000 to $60,000 and generally cover brand licensing rights, proprietary curriculum and operating systems, and initial training for the franchisee and core team. The Icode Franchise Disclosure Document does not detail total initial investment. Comparable educational franchises commonly require $180,000 to $450,000 to launch a unit. That range may include real estate build out and leasehold improvements at 40% to 60% of the total, equipment and technology at 10% to 15%, educational materials and supplies at 5% to 10%, initial marketing and grand opening expenses at 5% to 10%, and working capital during the ramp up period at 15% to 25%. Similar educational franchise opportunities typically seek $75,000 to $150,000 in liquid capital. Net worth requirements in the sector commonly range from $250,000 to $500,000. Icode’s royalty and advertising charges are not available. Industry benchmarks commonly show royalties of 6% to 9% of gross monthly revenue and advertising contributions of 1% to 3% of gross revenue. A buyer’s ownership budget should also account for rent, payroll, utilities, local marketing, and these recurring charges.

An Icode center would generally run scheduled coding classes and workshops for different ages and skill levels. The franchisee is expected to oversee enrollment, coordinate instructor schedules, discuss student progress with parents, and carry out local marketing. A typical unit may include an owner operator, coding instructors, and administrative staff depending on the center’s size and enrollment. The common student to instructor ratio in this segment is between 1:8 and 1:12. Icode’s specific format options are not detailed, although comparable educational franchises may operate dedicated learning centers, satellite locations in schools or community centers, or hybrid programs that combine in person and online instruction. Industry standards suggest initial training could last 2 to 4 weeks and cover curriculum delivery, operating practices, sales and marketing, and center management. Ongoing support commonly includes field visits from franchise business coaches, an online resource portal, curriculum updates, marketing materials and campaign assistance, and possibly technology for student management and instruction. Icode likely uses exclusive territories based on factors such as population density or households with children in the target age group, with examples ranging from 50,000 to 100,000 relevant residents. The system also encourages multi unit ownership, allowing experienced operators to expand across locations.

It therefore does not present historical earnings claims or projected revenue figures for franchised units. Buyers should build their own financial model and speak with existing franchisees about operations and financial results. Benchmarks for similar All Other Miscellaneous Schools and Instruction franchises, especially those serving specialized youth education, provide context rather than Icode results. Results can be affected by market penetration, use of student capacity, retention, and local pricing. Centers often target 60% to 80% capacity, while successful centers may retain 70% to 90% of students annually. Icode does not disclose unit level performance, so these figures should not be treated as forecasts for an Icode location.

Icode has 23 active units, all of them franchised, but historical expansion details and recent net new unit counts are not publicly disclosed. The unit base reflects a strategy built around franchisee ownership rather than company owned locations. Industry analysts project a need for thousands of additional specialized educational centers over the next decade as demand increases. Developments in the broader education franchise sector include artificial intelligence tools for curriculum design, hybrid instruction that combines classroom and online learning, and gamified learning intended to improve student engagement. Icode may continue to develop as these approaches evolve. Its potential points of differentiation include a specialized curriculum that is updated for technology changes, an instructional method focused on learning and practical use, community engagement that can support loyalty and referrals, and attention to particular age groups or learning outcomes. Digital platforms may support curriculum delivery, student progress tracking, and daily operations. Technology can affect both the student experience and franchisee processes. The network’s continued expansion, even at a measured pace, supports its position in youth technology education, although buyers should evaluate the actual performance and support available in their prospective territory.

An appropriate Icode franchisee needs more than the financial capacity to make the investment. The brand is suited to an owner with interest in education and youth development, leadership ability, and the willingness to manage instructors and administrative employees. Community involvement can help a center build relationships with schools, parent groups, and local organizations. Sales and marketing ability matters because enrollment and retention affect the center’s results. A single unit can serve as an entry point, while Icode likely encourages multi unit ownership for operators who perform well and want to expand. Available territories would typically focus on areas with many families with school aged children and favorable household income levels. The expected period from signing a franchise agreement to opening a center is 8 to 14 months. That period may include site selection, lease negotiation, build out, training, and pre opening marketing. Icode’s specific agreement term is not publicly available. Standard agreements in this industry commonly run from 5 to 10 years, often with renewal options for additional periods.

Icode operates in the All Other Miscellaneous Schools and Instruction category, with a focus on youth technology education and 23 entirely franchised units. Buyers therefore need to compare the disclosed investment information with their own capital, territory conditions, operating plan, and industry benchmarks. Training and ongoing support are intended to help franchisees deliver the curriculum and manage a center, while the specialized subject matter may appeal to families seeking technology instruction outside traditional school programs. A potential owner should review the FDD, verify all current costs and obligations, speak with franchisees, and develop independent projections before making a decision. PeerSense provides independent franchise research and introduces franchise buyers to SBA and conventional lenders. PeerSense is not a lender and does not fund or approve loans.

Loan Activity Score

63/100

SBA Default Rate

5.7%

Active Lenders

14

Franchisees account for 47 of iCODE's 51 locations. Public SBA loan records show 14 lenders made 35 loans to franchisees of iCODE. PeerSense calculates iCODE's score as 63 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2025 Franchise Disclosure Document. To correct a figure, email the current FDD and the differing item numbers to info@peersense.com, and this page will be updated.

51 locations

Investment

$77,000 to $490,500

Franchise Fee

$40,000

Total Units

51

47 franchised

Loan Activity Score
High
63
SBA Lending
12
Lender Quality
11
Transparency
9
Reach
9
Momentum
22

Proprietary PeerSense metric

Moderate
Capital Sources
14SBA lenders

Distinct lenders in public SBA records for iCODE

35

Total SBA loans

$268K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for iCODE

Loan Activity Score Breakdown

Established (25 to 99 loans)

High Confidence
63out of 100
Moderate
Market Momentum22/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety12/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence11/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency9/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint9/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

5.7%

vs 3.2% peer avg

SBA Loans

35

Total Volume

$9.4M

Active Lenders

14

3 selective

States

15

vs. SBA Sector Average

-2.5%higher default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Low SBA default rate (5.7%)
Item 19 financial data disclosed

Data Insights

Key performance metrics for iCODE based on SBA lending data

SBA Default Rate

5.7%

2.5% above peer avg

SBA Loan Volume

35 loans

Across 14 lenders

Lender Diversity

14 lenders

Avg 2.5 loans per lender

Investment Tier

Mid range investment

$77,000 to $490,500 total

iCODE: Deep SBA Data

Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2023

10 approvals. The best year on record for iCODE.

Top SBA State

Texas

10 SBA financed iCODE locations, the densest operator footprint.

Average Loan Size

$268K

Median $275K. Use as a sizing anchor when modeling your own iCODE unit.

Lender Concentration

62.9%

Concentrated

Share of iCODE approvals captured by the top 3 SBA lenders.

iCODE's SBA lending pipeline peaked in 2023 (10 approvals). The last five fiscal years account for 89% of cumulative volume ($7.0M approved). Operator density is highest in Texas with 10 SBA financed locations. Average funded ticket sits at $268K, with the median at $275K. Lender mix is concentrated: the top three SBA lenders account for 62.9% of approvals. Credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$62K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$797

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

iCODE, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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3 FDDs Available for iCODE

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iCODE

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

Last reviewed LinkedIn profileAbout Edward Freeman

This is not a franchise offering and does not constitute financial, investment, or legal advice. Data is sourced from Franchise Disclosure Documents (FDDs), public filings, and third party sources and may contain inaccuracies. The figures reflect the FDD on file for the year shown and may have been superseded or extracted with errors. PeerSense is not a financial advisor, attorney, or accountant. Always consult the brand's current FDD and seek professional guidance from a qualified attorney, accountant, or financial advisor before making any franchise investment decision. See full Terms & Conditions.