iCode franchise
A school teaching coding, robotics and technology skills to children. At the end of 2025 there were 61 iCode locations in the US, all franchised.
- Cost to open
- $296K–$447K
- Franchise fee
- $40,000
- Royalty
- 8%; $500 minimum from month nine
- Locations, 2025
- 61+32 in 3 yrs
Compare with similar brands Estimate your costs
Company snapshot
- SBA loans
- On the SBA Franchise Directory
From ICODE FRANCHISE, INC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
How much a iCode franchise costs
Opening School program costs an estimated $296,000 to $446,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: ICODE FRANCHISE, INC, 2026 filing, page 18
iCode franchise fee
The franchise fee is $40,000. You pay it when you sign the franchise agreement.
Source: ICODE FRANCHISE, INC, 2026 filing, page 12
Royalty and ongoing fees
| Royalty | 8% of gross sales, with a $500 monthly minimum beginning in the ninth full calendar month after the agreement takes effect. |
|---|
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: ICODE FRANCHISE, INC, 2026 filing, page 13
Sales and earnings
Shares figures iCode publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: ICODE FRANCHISE, INC, 2026 filing, page 47
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2023 | 44 (+15) | 2 | 0 |
| 2024 | 47 (+3) | 4 | 4 |
| 2025 | 61 (+14) | 0 | 5 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating. The system also offers the Reach program. The investment range shown is for an iCode school.
See which brands grew most in the fastest-growing franchises rankings.
Source: ICODE FRANCHISE, INC, 2026 filing, page 50
How iCode compares
Of the 51 education franchises on this site, iCode is the 40th cheapest to open and the 22nd largest by number of locations.
| Measure | iCode | Typical education |
|---|---|---|
| Cost to open, low end | $296K | $165K |
| Royalty | 8% | 8% |
| Closed or left per year | 6.6% | 3.8% |
| Change in franchised locations, 3 yrs | +110.3% | +34.3% |
| Shares earnings figures | Yes | 45 of 51 |
Typical is the median across the 51 brands in education franchises.
