Source: Franopolis

ICODE

Sources2026 FDD Research
Franchised Locations61At Year-End 2025Sources
FDD Edition2026Sources

The Business

Sources

The current franchisor dates its U.S. franchise offering to January 2021.

2026 FDD · PDF Page 8 · Item 1 · View Source

Read Source Excerpts

We began offering franchises in the United States for iCode School programs in June 2016, and we began offering franchises in the United States for the iCode Reach programs in January 2021.

2026 FDD · PDF Page 8 · Item 1
Source Notes

What It Costs

Sources
Where Your Startup Money Goes
CostDisclosed AmountSource
iCode School Program Initial Franchise Fee$40,0002026 FDD · PDF Page 17

Initial Franchise Fee 1 $40,000 $40,000

Area Development Agreement Total$331,000 to $481,5002026 FDD · PDF Page 21

Total $331,000 to $481,500

iCode Reach Program Total$82,000 to $170,0002026 FDD · PDF Page 20

Total $82,000 $170,000

iCode School Program Leasehold Improvements$132,000 to $185,0002026 FDD · PDF Page 17

Leasehold Improvements 3 $132,000 $185,000

Area Development Agreement First Franchise (Excluding Initial Franchise Fee)$256,000 to $406,5002026 FDD · PDF Page 21

First Franchise (Excluding Initial Franchise Fee) $256,000 to 406,500

iCode Reach Program Additional Funds (3-month period)$5,000 to $8,0002026 FDD · PDF Page 20

Additional Funds (3- month period) 6 $5,000 $8,000

iCode School Program Additional Funds (3-month period)$15,000 to $40,0002026 FDD · PDF Page 18

Additional Funds (3-month period) 16 $15,000 $40,000

iCode Reach Program Company Vehicle and Wrap$30,000 to $90,0002026 FDD · PDF Page 20

Company Vehicle and Wrap 5 $30,000 $90,000

Area Development Agreement Initial Franchise Fee$75,0002026 FDD · PDF Page 21

Initial Franchise Fee 2 $75,000

iCode Reach Program Initial Franchise Fee$20,0002026 FDD · PDF Page 20

Initial Franchise Fee 1 $20,000 $20,000

iCode School Program Total$296,000 to $446,5002026 FDD · PDF Page 18

Total $296,000 $446,500

Line items are shown as disclosed. Some costs overlap or apply to different formats; do not add them together without reviewing the source.

Sources
Fees And Payment Terms
FeeDisclosed TermsSource
Additional Email AddressAdditional email addresses will be provided for an additional fee, currently $10 per month per additional email address.2026 FDD · PDF Page 15
Insurance Administrative FeeCost of premium plus an administrative fee not to exceed $5002026 FDD · PDF Page 15
iCode School Program – Development FeeUnder the Area Development Agreement, you must pay us a non- refundable development fee equal to $40,000 for the initial iCode School and $35,000 for each additional iCode School that you commit to develop.2026 FDD · PDF Page 12
iCode School Program – iCode-in-a-Box PackageIf you are acquiring franchise rights for the iCode School program then, prior to your School opening, you must purchase from our affiliate, Indigo Street, LLC, an “iCode-In-A-Box Package” for approximately $84,000 to $139,000.2026 FDD · PDF Page 13
Royalty – iCode Reach ProgramUnder the iCode Reach program, greater of Minimum Royalty or 12% of Gross Sales. The Minimum Royalty for the iCode Reach program is $250 per month.2026 FDD · PDF Page 13
iCode School Program – Initial Franchise FeeIf you are acquiring franchise rights for the iCode School program, you will pay us a $40,000 initial franchise fee when you sign the Franchise Agreement. If you sign an Area Development Agreement, the initial franchise fee for each iCode School will be $40,000 for the initial iCode School and $35,000 for each additional iCode School that you commit to develop.2026 FDD · PDF Page 12
Franchise Assignment FeeFranchise Assignment Fee $5,0002026 FDD · PDF Page 16
iCode Reach Program – Initial Franchise FeeIf you are acquiring franchise rights for the iCode Reach program, you will pay us a non-refundable $20,000 initial franchise fee when you sign the Franchise Agreement.2026 FDD · PDF Page 12
Technology FeeCurrently, $500, subject to additional optional services that may be selected at an additional cost to the franchisee.2026 FDD · PDF Page 14
Royalty – iCode School ProgramUnder the iCode School program, greater of Minimum Royalty or 8% of Gross Sales. The Minimum Royalty for the iCode School Program is $500 per month.2026 FDD · PDF Page 13
Extension FeeExtension Fee $5,0002026 FDD · PDF Page 16
Additional Assistance FeeUp to $250 per day based on hours required, plus reimbursement for travel, lodging, food, and any training- related expenses incurred by trainers or designated third parties.2026 FDD · PDF Page 14
Area Development Agreement Transfer FeeTransfer Fee $2,5002026 FDD · PDF Page 16
iCode Reach Program – Franchisor or Affiliate as a Designated SupplierIf you are acquiring franchise rights for the iCode Reach program, you will pay us or our affiliate between $61,500 to $81,500 for certain products and services that are required to establish and open your iCode Reach franchise, including architectural and project management, furnishings, computer equipment and IT installation, signage, and graphics.2026 FDD · PDF Page 12
Interest1.5% per month or maximum legal rate, whichever is less2026 FDD · PDF Page 15

Some fees apply only to a specific event or service. These are not all monthly expenses.

Sources

Territory

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The franchise does not come with an exclusive territory. Other franchisees, company-owned businesses and franchisor-controlled sales channels may compete in your area.

2026 FDD · PDF Page 32 · Item 12 · View Source

Read Source Excerpts

You will not receive an exclusive territory. You may face competition from other franchisees, from outlets that we own, or from other channels of distribution or competitive brands that we control.

2026 FDD · PDF Page 32 · Item 12
Source Notes

A disclosed territory policy does not confirm that your preferred area is available. Ask the franchisor about the specific area you are considering.

The Franchise Network

Sources
Franchised61

Reported At Year-End 2025

YearFranchised At Year-EndSource
2023442026 FDD · PDF Page 50 · Item 20
2024472026 FDD · PDF Page 50 · Item 20
2025612026 FDD · PDF Page 50 · Item 20

These are reported outlet counts, not available territories or a measure of profitability. A dash means a count is not available in this record.

Review The Source Figures

2023 Year-End Counts

Franchised 2023 29 44 +15

2026 FDD · PDF Page 50 · Item 20

2024 Year-End Counts

Franchised 2024 44 47 +3

2026 FDD · PDF Page 50 · Item 20

2025 Year-End Counts

Franchised 2025 47 61 +14

2026 FDD · PDF Page 50 · Item 20
Sources

Inside The FDD

Sources

Plain-language summaries of the available FDD information. Each summary links to its source, with original excerpts available to review.

Sources

Research Data: Franopolis

The Franopolis report provides the source research. FDD page references identify the supplied excerpts when available.

01The Business And Its Ownership

The current franchisor dates its U.S. franchise offering to January 2021.

2026 FDD · PDF Page 8 · Item 1 · View Source

Read Source Excerpts

We began offering franchises in the United States for iCode School programs in June 2016, and we began offering franchises in the United States for the iCode Reach programs in January 2021.

2026 FDD · PDF Page 8 · Item 1
Source Notes
02The Leadership Team

The leadership team listed in the FDD includes Leslie Pelley (Chief Financial Officer), Abid Abedi (Founder /Chairman/CEO and Member), Bryan Pelt (Vice President of Franchise Sales) and Chris O'Leary (Vice President of Digital Marketing).

2026 FDD · PDF Page 11 · Item 2 · View Source

Read Source Excerpts

Chief Financial Officer: Leslie Pelley

2026 FDD · PDF Page 11 · Item 2

Founder /Chairman/CEO and Member: Abid Abedi

2026 FDD · PDF Page 11 · Item 2

Vice President of Franchise Sales: Bryan Pelt

2026 FDD · PDF Page 11 · Item 2

Vice President of Digital Marketing: Chris O'Leary

2026 FDD · PDF Page 11 · Item 2
Source Notes
12Territory

The franchise does not come with an exclusive territory. Other franchisees, company-owned businesses and franchisor-controlled sales channels may compete in your area.

2026 FDD · PDF Page 32 · Item 12 · View Source

Read Source Excerpts

You will not receive an exclusive territory. You may face competition from other franchisees, from outlets that we own, or from other channels of distribution or competitive brands that we control.

2026 FDD · PDF Page 32 · Item 12
Source Notes
16Products And Services You Can Sell

You may not sell or distribute iCode products or services to another vendor for resale, regardless of the destination, without the franchisor’s prior written consent.

2026 FDD · PDF Page 39 · Item 16 · View Source

Read Source Excerpts

You may not sell or distribute iCode products or services to another vendor for resale, regardless of the destination, without our prior written consent.

2026 FDD · PDF Page 39 · Item 16
Source Notes
18Public Figures

The franchisor says it does not use public figures to promote this franchise.

2026 FDD · PDF Page 47 · Item 18 · View Source

Read Source Excerpts

We do not use any public figure to promote our franchise.

2026 FDD · PDF Page 47 · Item 18
Source Notes
20Franchise Locations

At the end of 2025, the FDD reports 61 franchised locations. These are reported locations, not a count of territories available to buy.

2026 FDD · PDF Page 50 · Item 20 · View Source

Read Source Excerpts

Franchised 2025 47 61 +14

2026 FDD · PDF Page 50 · Item 20
Source Notes
21Franchisor Financial Statements

The franchisor’s financial reporting year ends on December 31.

2026 FDD · PDF Page 54 · Item 21 · View Source

Read Source Excerpts

Our fiscal year ends December 31.

2026 FDD · PDF Page 54 · Item 21
Source Notes
Expert Guidance

Find The Right Business For The Life You Want.

You don’t have to compare every brand on your own. A franchise consultant can help narrow your options and work through what ownership would ask of you.

Bring your questions about this brand, your priorities and the kind of business you want to run.

A More Focused Search
  1. Your Role

    Understand the hours, sales and people responsibilities behind the ownership model.

  2. Your Shortlist

    Spend less time sorting through brands and more time on options worth exploring.

  3. Your Market

    Check territory options with franchisors and identify the next questions to ask.