iCode vs Wanna Play Playcare
Franchise Comparison 2026
Both iCode and Wanna Play Playcare are education franchises. iCode requires an investment of $296K – $447K while Wanna Play Playcare requires $257K – $458K. iCode has SBA lending data on file with a 6.1% charge-off rate. FranchiseVerdict rates iCode D (Below average) and Wanna Play Playcare C (Average).
| Metric | iCode | Wanna Play Playcare |
|---|---|---|
| Verdict Grade | DBelow averageBelow average | CAverageAverage |
| Investment Range | $296K – $447K | $257K – $458K |
| Franchise Fee | $40K | $30K |
| 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. | 6.0% |
| Average Revenue (Item 19) | N/A | N/AIncl. company outlets |
| SBA Charge-Off Rate | 6.1% (33 loans) | Limited data |
| Total Units | 61 | 3 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2016 | 2014 |
| FDD Year | 2026 | 2023 |
Investment Range
$296K – $447K
$257K – $458K
Franchise Fee
$40K
$30K
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.
6.0%
Average Revenue (Item 19)
N/A
N/AIncl. company outlets
SBA Charge-Off Rate
6.1% (33 loans)
Limited data
Total Units
61
3
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2016
2014
FDD Year
2026
2023