iCode
Education & Child Enrichment · STEM & Enrichment Programs
- Active units
- 61
- Royalty
- 8.0%
Franchised, year-end 2025
of weekly Net Sales
About iCode
With our comprehensive programs, we aim to get kids off their phones and into the exciting world of STEM education. Our classes cover a wide range of topics, from game development and YouTube production to Python programming. We offer different learning styles to cater to individual preferences, including instructor-led classes and self-paced sessions with lab mentors available for guidance. Our proprietary curriculum is designed to evolve with technology, ensuring that your child stays ahead of the curve. Whether your child joins our Belt Program, Paths Program, or Anytime Program, they will receive personalized learning and have the opportunity to develop essential skills like critical thinking, collaboration, and problem-solving. Join iCode today and watch your child flourish in a tech-oriented world!.
Key terms
- Area Development pricing
Under an Area Development Agreement: $40,000 for the initial School and $35,000 for each additional School you commit to develop.
- Brand fund
2.0% of Net Sales
- Footprint
1,300 – 2,200 sq ft
- Veteran discount
10.0% off franchise fee — 10% discount on the initial franchise fee for the first Franchised Business; veteran must own at least 50% and provide DD-214.
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations61
Franchised units open at year-end
- New openings19
Gross new units opened during the calendar year
- 1-year unit growth rate29.8%
Net unit growth versus prior year
- 3-year unit CAGR17.7%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio3.8×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate74.8%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$371k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate8.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
Create your free Glidepath account to access full brand information.
Location footprint
Showing 87 of 89 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.