Franchise opportunities compared
Children’s Music Academy Business(es) vs ICODE
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Before you compare
- Both sets of figures come from 2026 FDDs.
- ICODE discloses more than one business format, so the investment range spans formats; the full report breaks them out.
- Only ICODE has reviewed Item 19 figures here.
| Disclosure | CMChildren’s Music Academy Business(es) |  ICODE |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $72,200 – $138,200 Total estimated initial investment — low end 2026 FDD · Item 7 · PDF p. 19 | $82,000 – $446,500 2026 FDD · Item 7 |
| Standard initial franchise fee (Item 5) | $32,000 2026 FDD · Item 5 · PDF p. 10 | $35,000 2026 FDD · Item 5 · PDF p. 12 |
| Royalty (Item 6) | $8.00 Royalty rate 2026 FDD · Item 6 · PDF p. 11 | Greater of Minimum Royalty or 8% of Gross Sales Royalty – iCode School Program 2026 FDD · Item 6 · PDF p. 13 |
| Brand / advertising fund (Item 6) | $3.00 Brand Fund Contribution maximum 2026 FDD · Item 6 · PDF p. 11 | Not available No reviewed brand or advertising fund fee |
| System scale & health | ||
| Total outlets (Item 20) | 24 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 39 | 61 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 50 |
| Net outlet change (Item 20) | +0 Calculated: 24 at end of 2023 → 24 at end of 2025 | +15 Calculated: 46 at end of 2023 → 61 at end of 2025 |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | Not available Not in reviewed records | 2016 for iCode School; 2021 for iCode Reach 2026 FDD · Item 1 · PDF p. 8 |
| Franchisor founded (Item 1) | Not available Not in reviewed records | 2016 2026 FDD · Item 1 · PDF p. 8 |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | No reviewed Item 19 figures | Franchised (37 locations) — revenue $144,158 mean Gross Sales · 2026 FDD · Item 19 · PDF p. 49 Locations counted not stated in the reviewed record $65,414 other Gross Sales · 2026 FDD · Item 19 · PDF p. 49 |
Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.
Children’s Music Academy Business(es) vs ICODE: common questions
- Which costs less to open, Children’s Music Academy Business(es) or ICODE?
- Children’s Music Academy Business(es): $72,200 – $138,200 (2026 FDD · Item 7 · PDF p. 19); ICODE: $82,000 – $446,500 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Children’s Music Academy Business(es). At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
- How do Children’s Music Academy Business(es) and ICODE royalties compare?
- Children’s Music Academy Business(es): $8.00 (2026 FDD · Item 6 · PDF p. 11); ICODE: Greater of Minimum Royalty or 8% of Gross Sales (2026 FDD · Item 6 · PDF p. 13). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, Children’s Music Academy Business(es) or ICODE?
- Children’s Music Academy Business(es): 24 (2026 FDD · Item 20 · PDF p. 39); ICODE: 61 (2026 FDD · Item 20 · PDF p. 50). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do Children’s Music Academy Business(es) and ICODE disclose financial performance (Item 19)?
- Children’s Music Academy Business(es) has no reviewed Item 19 figures on file; ICODE has reviewed Item 19 figures for 2 location groups. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.