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The real numbers on owning a "ICODE", "iCode School", and "ICode Reach" franchise

Educational Franchise (After-school STEM/Robotics) · FDD 2024 · from public state filings
FDisclosure honesty
This franchisor discloses little to no earnings data (Item 19).
★☆☆☆☆ FranchiseValidate transparency rating: 1/5
Investment
$82,000–$446,500
Total fees
10% of sales
Outlets
61
Closure signals
Lawsuits
0

Is "ICODE", "iCode School", and "ICode Reach" worth it? How it compares to 47 similar franchises

Ongoing fees10% of salessteeper than 62% of children's education & childcare franchises
Startup costfrom $82,000cheaper than most (median $181,794)
Disclosure honestyGrade Fless honest than most of the category
Disclosed lawsuits0fewer 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.

What their own earnings claim actually says

No Item 19 financial performance representations disclosed in provided FDD excerpts.

Honesty grade F: the disclosed numbers are incomplete or framed to look better than an owner's real take-home.

Failure & turnover reality (Item 20)

Franchisor accumulated deficit $3.2M; going concern doubt; shareholder-dependent cash needs.

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The franchisor won't put real owner profit in writing. We do — reconstructed from their own FDD.

Franchisor's framing: No Item 19 financial performance representations disclosed in provided FDD excerpts.…
🔒 Real estimated owner take-home (low / median / high) — unlocked in the report

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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 is the "ICODE", "iCode School", and "ICode Reach" franchise failure rate?
Franchisor accumulated deficit $3.2M; going concern doubt; shareholder-dependent cash needs.
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.