How Low is the Investment Needed to Open an iCode Franchise?

iCode franchisees are passionate about the iCode brand and committed to providing exceptional products with high-quality customer service. To qualify as an iCode franchisee, you must have access to at least $100K liquid capital, meaning cash, including savings, or any assets that can be liquidated quickly.

Our ideal franchising candidate wants to grow with the company and have the flexibility to adapt as the brand adapts. While knowledge of computer science or previous business ownership is not required, we do prefer that you have leadership experience and a keen interest in running a business.

So, if you have the ability, the passion, and the capital to partner with an exceptional franchise for kids’ STEM, please fill out our online form or call 469-608-7023 to talk to one of our consultants about joining the iCode family today.

The iCode Expenditure Guarantee

Get ready to hear something you’ve never heard before, no matter how many times you’ve explored investing in Franchises. iCode guarantees that most of the line items listed here will not exceed the estimated amounts. (“Leasehold improvements” and “Additional Funds” are the only exceptions) Schedule a call using the form below to find out how easy we can make building a new iCode campus near you.

Type of expenditure Amount Method of payment When due To whom payment is made
Low High
Initial Franchise Fee $35,000 $35,000 Lump sum Upon signing agreement Us
Architecture and  Project Management $8,000 $16,000 As arranged As arranged Us, Affiliate, or approved vendor
Leasehold Improvements* $90,000 $135,000 As arranged As arranged Contractors/ vendors
Lease Deposits $4,000 $10,000 Lump sum Upon signing the lease Landlord/vendors
Furnishings $15,000 $25,000 As arranged As arranged Us, Affiliate, or approved vendor
Glass Walls and Doors $30,000 $45,000 As arranged As arranged Us, Affiliate, or approved vendor
Computers/IT Installation $30,000 $60,000 As arranged As arranged Us, Affiliate, or approved vendor
Classroom/Office Supplies $1,000 $1,500 As arranged As arranged Us, Affiliate, or approved or other vendors
Course Inventory $7,000 $12,000 As arranged As arranged Us, Affiliate, or approved or other vendors
Student Supplies $2,000 $3,000 As arranged As arranged Us, Affiliate, or approved or other vendors
Signage and Graphics $8,000 $10,000 As arranged As arranged Us, Affiliate, or approved vendor
Insurance $2,000 $5,000 As arranged As arranged Us, Affiliate, or Approved Vendor
Initial Training Program $1,000 $2,000 As arranged As arranged Hotels, airlines, and other providers
Professional Fees $1,000 $3,500 As arranged As arranged Service providers
Additional Funds (3-month period)* $15,000 $45,000 Cash As needed Paid as needed
Total $249,000 $408,000      

*Additional Funds and Leasehold improvements represent our best estimates on line items that fall outside our control. As such, we cannot extend our guarantee to these two line items.