iCode School

iCode School

Information based on 2024 FDD

Children's Services · Education

Investment min
$298K
Total: $298K–$427K
Avg gross revenue
$432K
Unit-level, 2024
Franchise fee
$35K
Per current disclosure
Royalty
8% - 12%
Locations
44
Franchising since 2016

Description

What is iCode School?

iCode School is a dynamic educational franchise that's revolutionizing how children learn technology and coding skills. Founded in 2015, iCode School has rapidly grown to become a leading provider of comprehensive coding education for kids, offering a unique blend of personalized instruction and cutting-edge curriculum.

The program stands out for its innovative approach to teaching coding through hands-on, project-based learning experiences. Students work with experienced coaches in small group settings or one-on-one sessions, allowing for personalized attention and optimal learning outcomes. The curriculum covers various programming languages and concepts, from basic Scratch programming for beginners to advanced Python and Java for more experienced students.

What sets iCode School apart is its focus on developing not just coding skills, but also critical thinking, problem-solving abilities, and creative expression through technology. The school creates an engaging, supportive environment where students can explore their interests in gaming, web development, robotics, and other tech-related fields. Parents consistently praise the program for its ability to keep children excited and motivated about learning while providing regular progress updates and flexible scheduling options.

As technology continues to shape our future, iCode School is positioning itself as a vital educational partner for families who want to prepare their children for the digital age. The franchise's commitment to quality instruction, coupled with its proven teaching methodology, makes it an attractive opportunity for entrepreneurs passionate about education and technology. Each location serves as a hub for fostering the next generation of tech-savvy innovators and problem solvers.
  • Lower investment requirement than education subsector average ($298K-$427K vs $440K-$1M)
  • Established presence with 46 active franchise units nationwide
  • Nearly decade of operational experience since 2015 founding
  • Focused positioning in high-growth children's STEM education market
  • Part of the expanding $624K average revenue education franchise subsector
  • Competitive investment-to-revenue ratio in children's education sector

Location Analysis

Where iCode School wins

iCode School, established in 2015, demonstrates strong market presence across multiple states, with significant operational footprint strategically positioned in key educational markets. The franchise shows notable concentration in California and Georgia, followed by established presence across Illinois, Maryland, Michigan, North Carolina, New York, and Virginia, with additional locations in Texas, New Jersey, and Hawaii. This distribution suggests a deliberate focus on metropolitan areas with strong STEM education demand and higher-income demographics.

The franchise's exceptional customer satisfaction ratings across numerous customer reviews indicates strong operational performance and customer satisfaction, particularly important in the education sector where reputation drives enrollment. The sample location on Preston Road maintains outstanding ratings, exemplifying the franchise's commitment to educational excellence and customer service. This location, likely in a suburban retail center, demonstrates the franchise's typical positioning in affluent areas with high concentrations of school-age children.

Expansion opportunities exist in underserved markets within existing territories, particularly in high-growth tech corridors and education-focused communities. Ideal locations should target areas with median household incomes above $75,000, strong population growth, and proximity to residential neighborhoods with high concentrations of families with children aged 5-17. Success factors include visibility in retail centers, accessibility to major thoroughfares, and positioning near complementary educational businesses.
Total US locations
46
Franchise units
44
Corporate locations
2
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind iCode School

Avg gross revenue$432,322
Investment range$298,425 – $427,425
Investment midpoint$362,925
Brand fund2%
Royalty8% - 12%
Franchise fee$35,000
Min. net worth
Min. liquid capital
iCode School presents an accessible entry point into the children's education franchise sector with investment requirements of $298,425-$427,425, positioned significantly below the sub-sector average range of $439,758-$1,002,465. This lower investment threshold makes it attractive for first-time franchisees or those seeking reduced capital exposure in the growing STEM education market.

The children's coding education sector benefits from strong secular trends, including increased parental focus on technology skills and school district emphasis on STEM curricula. However, the reported gross revenue of $432,322 trails the sub-sector average of $624,329, which may reflect the system's relative youth since its 2015 establishment.

With 46 operating units, iCode School demonstrates moderate system maturity while maintaining growth potential in the Children's Businesses industry. The franchise operates in the competitive education subsector alongside 69 other franchise concepts.

Ideal investors should possess strong community ties and passion for children's education, as success depends heavily on local market penetration and parent relationships. The business model requires consistent marketing to maintain enrollment levels and manage seasonal fluctuations typical in educational services.

Key considerations include territory exclusivity terms, competition from established tutoring centers expanding into coding, and potential market saturation as the sector matures. Multi-unit development opportunities may exist in larger metropolitan markets with sufficient demographic density of tech-oriented families.
Did you know? Did you know that launching your own iCode School franchise—where kids and teens learn cutting-edge programming, robotics, and STEM skills through hands-on projects—requires a total investment between $298,425 and $427,425, which covers everything from the $35,000 franchise fee to classroom technology, curriculum materials, and all startup costs needed to open your doors in this booming $13 billion children's education market?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$298K–$427K
Most common
$298,425
Minimum
$362,925
Midpoint
$427,425
Maximum

Per FDD Item 7, total initial investment ranges from $298,425 to $427,425. The midpoint $362,925 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$500K$400K$300K$200K$100KN/A
$317K
$432K
2022
2023
2024
Avg
$250K
YOY change (2023 -> 2024)
+37%

According to Item 19 of the Franchise Disclosure Document, iCode School has an average gross revenue of $432K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+48% YoY
60483624120
2020
2021
2022
2023
2024
46 units open as of 2024 FDD+15 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for iCode School's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a iCode School franchise typically ranges between $298,425.00 and $427,425.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

iCode School
iCode School
$432K avg revenue · 44+ US franchises

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