Driving Academy vs iCode
Franchise Comparison 2026
Both Driving Academy and iCode are education franchises. Driving Academy requires an investment of $224K – $557K while iCode requires $296K – $447K. iCode has SBA lending data on file with a 6.1% charge-off rate. FranchiseVerdict rates Driving Academy C (Average) and iCode D (Below average).
| Metric | Driving Academy | iCode |
|---|---|---|
| Verdict Grade | CAverageAverage | DBelow averageBelow average |
| Investment Range | $224K – $557K | $296K – $447K |
| Franchise Fee | $50K | $40K |
| Royalty Rate | Greater of 10% of monthly Gross Revenues or a Minimum Royalty Fee of $1,000/month (minimum starts 1 year after Franchise Agreement execution) | Greater of Minimum Royalty or 8% of Gross Sales (iCode School program); Minimum Royalty $500/month beginning the 9th full calendar month after Franchise Agreement Effective Date (or 2nd full month after opening, whichever first). For iCode Reach: greater of Minimum Royalty or 12% of Gross Sales, Minimum Royalty $250/month. |
| Average Revenue (Item 19) | N/AOutlet subset · n=1 | N/A |
| SBA Charge-Off Rate | N/A | 6.1% (33 loans) |
| Total Units | 6 | 61 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2021 | 2016 |
| FDD Year | 2025 | 2026 |
Investment Range
$224K – $557K
$296K – $447K
Franchise Fee
$50K
$40K
Royalty Rate
Greater of 10% of monthly Gross Revenues or a Minimum Royalty Fee of $1,000/month (minimum starts 1 year after Franchise Agreement execution)
Greater of Minimum Royalty or 8% of Gross Sales (iCode School program); Minimum Royalty $500/month beginning the 9th full calendar month after Franchise Agreement Effective Date (or 2nd full month after opening, whichever first). For iCode Reach: greater of Minimum Royalty or 12% of Gross Sales, Minimum Royalty $250/month.
Average Revenue (Item 19)
N/AOutlet subset · n=1
N/A
SBA Charge-Off Rate
N/A
6.1% (33 loans)
Total Units
6
61
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2021
2016
FDD Year
2025
2026