iCode vs Toodley Town
Franchise Comparison 2026
Both iCode and Toodley Town are education franchises. iCode requires an investment of $296K – $447K while Toodley Town requires $282K – $442K. iCode has SBA lending data on file with a 6.1% charge-off rate. FranchiseVerdict rates iCode D (Below average) and Toodley Town C (Average).
| Metric | iCode | Toodley Town |
|---|---|---|
| Verdict Grade | DBelow averageBelow average | CAverageAverage |
| Investment Range | $296K – $447K | $282K – $442K |
| Franchise Fee | $40K | $50K |
| Royalty Rate | 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. | 8.0% |
| Average Revenue (Item 19) | N/A | N/ACompany-owned only · n=1 |
| SBA Charge-Off Rate | 6.1% (33 loans) | N/A |
| Total Units | 61 | 1 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2016 | 2025 |
| FDD Year | 2026 | 2025 |
Investment Range
$296K – $447K
$282K – $442K
Franchise Fee
$40K
$50K
Royalty Rate
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.
8.0%
Average Revenue (Item 19)
N/A
N/ACompany-owned only · n=1
SBA Charge-Off Rate
6.1% (33 loans)
N/A
Total Units
61
1
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2016
2025
FDD Year
2026
2025