FREE Franchise Guide!
Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$249K - $408K
Units as of 2023
31 Increase 121.4% over 3 years

iCode focuses on computer science education for young people. As well as coding, iCode teaches computer languages, programming, robotics, and audio/visual arts using state-of-the-art equipment. 

iCode was founded in 2015 and began offering franchises the following year. It has since grown to over one dozen franchises and is looking to expand its reach even further.

Why You May Want to Start an iCode Franchise

The iCode approach focuses on providing students with hands-on experience. iCode is more interested in outcomes than grades. An iCode franchise offers a comfortable learning environment in which students can master skills without pressure. The students will find that learning is fun. An iCode franchise is part of the local community, and franchisees are expected to reflect this commitment.

Potential franchisees don't have to be coders to open an iCode franchise. Rather, you should simply be interested in computer science and technology. An iCode franchisee is essentially responsible for operating a training center, so they should understand educational models and theories. An iCode franchise is a dynamic business and calls for a franchisee who can multitask, has highly developed people skills, and possesses a college degree.

As a franchisee, you will operate your center according to the iCode system. You will hire qualified teachers and staff and promote the brand in your area. If you decide not to manage the center yourself, the iCode team will help you find a director.

What Might Make an iCode Franchise a Good Choice?

iCode has been ranked in Entrepreneur's Franchise 500 based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

Opening an iCode franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

To be part of the iCode franchise team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements. 

How To Open an iCode Franchise

Potential franchisees can open an iCode franchise in cities with a population greater than 250,000 to ensure sufficient potential students. The iCode company has its own curriculum, and the included teaching program is constantly evaluated and improved. 

If a franchise is awarded, franchisees enjoy full support from iCode headquarters, which is located in Addison, Texas. The company works with a real estate firm to help find suitable locations in retail shopping centers to set up shop. As it can take at least six months to get your center up and running, iCode starts recruiting students long before you open. The students usually come from local elementary and middle schools.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the iCode franchising team questions.

Find Your Perfect Franchise

Company Overview

About iCode

Industry Children's Businesses
Related Categories Children's Enrichment Programs: STEM, Children's Enrichment Programs: Miscellaneous, Tutoring, Children's Education/Enrichment
Founded 2015
Parent Company iCode Franchise Inc.
Leadership Randall McGee, VP Franchising & Operations
Corporate Address 4577 Ohio Dr.
Frisco, TX 75035
Social Facebook, Twitter, LinkedIn, Instagram

Business Overview

Franchising Since 2016 (8 years)
# of employees at HQ 24
Where seeking

This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming

This company is offering new franchises in the following international regions: Asia, Australia/New Zealand, Middle East, Europe (Western), Canada, South America, Mexico

# of Units 31 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a iCode franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$35,000
Initial Investment Information Circle
$249,000 - $408,000
Net Worth Requirement Information Circle
$400,000 - $600,000
Cash Requirement Information Circle
$100,000 - $200,000
Veteran Incentives Information Circle
20% off franchise fee
Royalty Fee Information Circle
8%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
Take Our Free Franchise Quiz!

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing iCode has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 10-20 hours
Classroom Training 20-40 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed? Yes
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
Yes
# of employees required to run 6
Are exclusive territories available? Information Circle
Yes
Take our quick quiz to find your ideal franchise

Franchise 500 Ranking History

Compare where iCode landed on this year's Franchise 500 Ranking versus previous years.

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to iCode.

Mathnasium

description
Math tutoring

Graze Craze

description
Charcuterie boards and boxes

Kumon

description
Supplemental education

PIRTEK

description
Hydraulic and industrial hose maintenance, repair, and replacement

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Franchise

School of Rock Taps Latin America Master Franchisor for United Kingdom Expansion

The music educator is taking a new step in its international expansion with a master franchise agreement in the UK — and a familiar face is leading the venture.

Franchise

Know The Franchise Ownership Costs Before You Leap

From initial investments to royalty fees to legal costs, take stock of these numbers before it's too late.

Franchise

What Franchising Can Teach The NFL About The Impact of Private Equity

The NFL is smart to take a thoughtful approach before approving institutional capital's investment in teams.

Franchise

Use These 3 Steps to Find The Perfect Franchise Opportunity For You

Once you've decided to buy, here are three steps for finding the franchise that's right for you.

Franchise

For Small Business Week, President Biden Sided With Labor Bosses Over More Than 5,300 Franchise Owners

With the president's veto of a bipartisan Congressional Review Act (CRA) resolution that would have overturned the expansion of the joint employer rule, the Biden Administration showed that it cares more about special interests than small business owners.

Franchise

McDonald's Introduces a New Dessert Inspired By 'Grandmacore' Trend

McDonald's will launch the "Grandma McFlurry," a limited-time dessert blending syrup, vanilla ice cream and candy pieces, as a tribute to comforting grandmotherly treats — and a nod to a TikTok trend.

See more franchise content
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022