Le Village vs iCode
Franchise Comparison 2026
Both Le Village and iCode are education franchises. Le Village requires an investment of $214K – $326K while iCode requires $79K – $427K. 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 Le Village D (Below Average) and iCode F (Bottom Quintile).
| Metric | Le Village | iCode |
|---|---|---|
| Verdict Grade | DBelow AverageBelow Average | FBottom QuintileBottom Quintile |
| Investment Range | $214K – $326K | $79K – $427K |
| Franchise Fee | $38K | $35K |
| Royalty Rate | During the first year, no royalties; During years 2-5, 4% of Gross Revenues | Greater of Minimum Royalty ($800/mo School, $250/mo Reach) or 8% of Gross Sales (School) / 12% of Gross Sales (Reach) |
| Average Revenue (Item 19) | N/A | $402K |
| SBA Charge-Off Rate | Limited data | 6.1% (33 loans) |
| Total Units | 3 | 46 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2022 | 2016 |
| FDD Year | 2025 | 2024 |
Investment Range
$214K – $326K
$79K – $427K
Franchise Fee
$38K
$35K
Royalty Rate
During the first year, no royalties; During years 2-5, 4% of Gross Revenues
Greater of Minimum Royalty ($800/mo School, $250/mo Reach) or 8% of Gross Sales (School) / 12% of Gross Sales (Reach)
Average Revenue (Item 19)
N/A
$402K
SBA Charge-Off Rate
Limited data
6.1% (33 loans)
Total Units
3
46
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2022
2016
FDD Year
2025
2024