iCode vs Le Village
Franchise Comparison 2026
Both iCode and Le Village are education franchises. iCode requires an investment of $79K – $427K while Le Village requires $214K – $326K. iCode discloses average revenue of $402K; Le Village does not report Item 19 data. iCode has SBA lending data on file with a 6.1% charge-off rate. FranchiseVerdict rates iCode F (Bottom Quintile) and Le Village D (Below Average).
| Metric | iCode | Le Village |
|---|---|---|
| Verdict Grade | FBottom QuintileBottom Quintile | DBelow AverageBelow Average |
| Investment Range | $79K – $427K | $214K – $326K |
| Franchise Fee | $35K | $38K |
| Royalty Rate | Greater of Minimum Royalty ($800/mo School, $250/mo Reach) or 8% of Gross Sales (School) / 12% of Gross Sales (Reach) | During the first year, no royalties; During years 2-5, 4% of Gross Revenues |
| Average Revenue (Item 19) | $402K | N/A |
| SBA Charge-Off Rate | 6.1% (33 loans) | Limited data |
| Total Units | 46 | 3 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2016 | 2022 |
| FDD Year | 2024 | 2025 |
Investment Range
$79K – $427K
$214K – $326K
Franchise Fee
$35K
$38K
Royalty Rate
Greater of Minimum Royalty ($800/mo School, $250/mo Reach) or 8% of Gross Sales (School) / 12% of Gross Sales (Reach)
During the first year, no royalties; During years 2-5, 4% of Gross Revenues
Average Revenue (Item 19)
$402K
N/A
SBA Charge-Off Rate
6.1% (33 loans)
Limited data
Total Units
46
3
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2016
2022
FDD Year
2024
2025