"ICODE", "iCode School", and "ICode Reach" Franchise
Cost, fees, owner earnings, closure rate and litigation for a "ICODE", "iCode School", and "ICode Reach" franchise — pulled from the franchisor's own public FDD (2024), not its sales material.
Disclosure honesty
"ICODE", "iCode School", and "ICode Reach" discloses little or no owner-earnings data (Item 19) — the franchisor won't put real profit in writing.
What their own earnings claim actually says
No Item 19 financial performance representations disclosed in provided FDD excerpts.
What a "ICODE", "iCode School", and "ICode Reach" franchise actually costs to run
| Fee | Disclosed | Where it comes from |
|---|---|---|
| Initial franchise fee | $40,000 | Item 5 — paid up front, before you open |
| Royalty | 8% of gross sales | Item 6 — charged on revenue, not profit |
| Advertising fund | 2% of gross sales | Item 6 — brand marketing, spent at the franchisor's discretion |
| Total recurring fees | 10% of gross sales | Before rent, labor, food or debt service |
| Total initial investment | $82,000 – $446,500 | Item 7 — franchisor's own low/high estimate |
iCode School 8% royalty min $500/mo; iCode Reach 12% royalty min $250/mo; 2% brand dev fee.
Royalty and ad-fund percentages are charged on gross sales — an owner pays them whether or not the location is profitable.
Is "ICODE", "iCode School", and "ICode Reach" worth it? — how it compares to 60 similar franchises
| Ongoing fees | 10% of sales | steeper than 64% of children's education & childcare franchises |
| Startup cost | from $82,000 | cheaper than most (median $191,992) |
| Disclosure honesty | Grade F | less honest than most of the category |
| Disclosed lawsuits | 0 | fewer than most |
Benchmarked against every children's education & childcare franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.
Owner take-home for a "ICODE", "iCode School", and "ICode Reach"
The franchisor's framing: No Item 19 financial performance representations disclosed in provided FDD excerpts.… We reconstruct what an owner actually keeps, from their own FDD.
- Reconstructed owner P&L — net take-home after royalty, ad fund, rent, labor & debt
- Break-even timeline + cash-on-cash ROI
- Full fee stack + required-purchase markups
- Decoded real failure / closure rate
- How it ranks vs comparable franchises
- Validation-call playbook — the exact questions to ask
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"ICODE", "iCode School", and "ICode Reach" franchise — frequently asked
- How much does a "ICODE", "iCode School", and "ICode Reach" franchise cost?
- The FDD lists a total initial investment of about $82,000–$446,500, including a $40,000 initial franchise fee.
- How much do "ICODE", "iCode School", and "ICode Reach" franchise owners make?
- "ICODE", "iCode School", and "ICode Reach" discloses little or no earnings data (Item 19) — meaning the franchisor won't put real owner profit in writing. That's a red flag worth questioning.
- What are the "ICODE", "iCode School", and "ICode Reach" franchise fees?
- "ICODE", "iCode School", and "ICode Reach"'s FDD discloses a $40,000 initial franchise fee, a 8% royalty on gross sales, a 2% advertising-fund contribution, for roughly 10% of gross sales in recurring fees before rent, labor, or debt service. iCode School 8% royalty min $500/mo; iCode Reach 12% royalty min $250/mo; 2% brand dev fee.
- What is the "ICODE", "iCode School", and "ICode Reach" franchise profit margin?
- "ICODE", "iCode School", and "ICode Reach" discloses no Item 19 earnings representation, so no profit margin can be derived from the FDD at all. Any margin figure quoted elsewhere is an estimate, not a disclosure.
- What is the "ICODE", "iCode School", and "ICode Reach" franchise failure rate?
- Franchisor accumulated deficit $3.2M; going concern doubt; shareholder-dependent cash needs.
- How many "ICODE", "iCode School", and "ICode Reach" locations are there?
- "ICODE", "iCode School", and "ICode Reach"'s FDD reports 61 total outlets. Item 20 is where system health shows up before the marketing does.
- Does "ICODE", "iCode School", and "ICode Reach" have complaints or lawsuits?
- "ICODE", "iCode School", and "ICode Reach" discloses no material litigation in Item 3 of the filing we reviewed. That's a positive signal, though it covers only what the franchisor is required to report.
- Is a "ICODE", "iCode School", and "ICode Reach" franchise worth it?
- It depends on the numbers, not the pitch. "ICODE", "iCode School", and "ICode Reach" scores F on disclosure honesty, carries about 10% of sales in ongoing fees. Get the real owner take-home before you sign.
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Compare "ICODE", "iCode School", and "ICode Reach" to similar franchises
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Source: WI DFI Franchise Registration (2024). FranchiseValidate is independent and not affiliated with "ICODE", "iCode School", and "ICode Reach" or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.