iCode Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$35,000
Investment required
$298,000 - $427,000
Royalty fee
8.00%

iCode: Shaping the Future with Innovative Tech Education for Kids

iCode is a franchise specializing in technology education for children and teens, focusing on coding, robotics, and digital skills. Founded in 2016 in Coppell, Texas, iCode has quickly become a prominent player in the STEM education sector. The franchise is headquartered in Coppell, where it continues to innovate and expand its offerings.

iCode began franchising in 2018, aiming to make advanced technology education accessible to students across the country. The franchise offers a comprehensive curriculum that includes coding languages, robotics, game design, and other tech-related skills, designed to prepare students for the future digital economy.

What sets iCode apart from its competitors is its emphasis on a structured, project-based learning approach and a focus on real-world applications. This method not only engages students but also ensures they gain practical experience and critical problem-solving skills. iCode’s unique blend of technology education and hands-on projects helps differentiate it in the growing field of tech-focused learning programs for young people.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $35,000
Architecture and Project Management $16,000 to $18,000
Leasehold Improvements $90,000 to $135,000
Lease Deposits $4,000 to $10,000
Furnishings $20,000 to $24,000
Glass Walls and Doors $35,000 to $45,000
Computers/IT Installation $40,000 to $55,000
Technology Fee $1,425
Grand Opening Advertising $5,000
Classroom/Office Supplies $1,000 to $1,500
Course Inventory $13,000 to $15,000
Student Supplies $2,000 to $3,000
Signage and Graphics $12,000 to $16,000
Flooring Materials $4,000 to $6,000
Insurance $2,000 to $5,000
Initial Training Program $2,000 to $4,000
Professional Fees $1,000 to $3,500
Additional Funds (3-month period) $15,000 to $45,000
Total $298,425 to $427,425

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Number of units

2024
Franchised units

16

29

44

Company-owned units

3

2

2

Total units

19

31

46

Franchise Disclosure Document

Training

iCode Franchise offers comprehensive training to ensure that franchisees are well-equipped to deliver high-quality technology education. The training typically includes:

  1. Initial Training: Franchisees undergo an extensive initial training program at the iCode headquarters or an approved training facility. This includes hands-on experience with the curriculum, teaching methods, and classroom management techniques.
  2. Curriculum and Instruction: Franchisees receive detailed training on iCode’s proprietary curriculum, which covers coding, robotics, and digital skills. The training ensures that franchisees can effectively teach and guide students through the various technology-focused projects and courses.
  3. Operational Training: Franchisees are trained in day-to-day operations, including software and hardware setup, student enrollment, and marketing strategies. This helps them manage their centers efficiently and maintain the high standards expected of iCode.
  4. Ongoing Support: iCode provides continuous support through regular updates on curriculum, new educational technologies, and best practices. Franchisees also have access to a network of fellow franchisees for sharing experiences and advice.

Territory Protection

iCode Franchise offers territory protection to its franchisees. Each franchisee is granted an exclusive territory, which is designed to minimize competition among iCode centers and allow franchisees to capture a substantial market share in their designated area. 

This territorial protection helps ensure that franchisees can operate without the threat of overlapping franchises in close proximity, supporting their growth and profitability.

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