Franchise opportunities compared
ICODE vs Imagine Arts Academy
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.
Initial investment · Item 7
ICODE
$331,000 – $481,500
2026 FDD · Item 7 · PDF p. 21Imagine Arts Academy
$123,050 – $161,700
2026 FDD · Item 7Initial franchise fee · Item 5
ICODE
$35,000
2026 FDD · Item 5 · PDF p. 12Imagine Arts Academy
Not available
Royalty · Item 6
ICODE
Greater of Minimum Royalty or 8% of Gross Sales
2026 FDD · Item 6 · PDF p. 13Imagine Arts Academy
8%
2026 FDD · Item 6 · PDF p. 13Before you compare
- Both sets of figures come from 2026 FDDs.
- Imagine Arts Academy 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.
Financial commitment
ICODE
Imagine Arts AcademyICODE
Imagine Arts Academy
ICODE
Imagine Arts Academy
ICODE
Imagine Arts Academy
ICODE
Imagine Arts Academy
System scale & health
ICODEImagine Arts AcademyICODE
Imagine Arts Academy
ICODE
Imagine Arts Academy
ICODE
Imagine Arts Academy
ICODE
Imagine Arts Academy
ICODE
Imagine Arts Academy
Financial performance (Item 19), by location group
ICODEImagine Arts AcademyNot disclosed — no Item 19 financial performance representation
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.
ICODE vs Imagine Arts Academy: common questions
- Which costs less to open, ICODE or Imagine Arts Academy?
- ICODE: $331,000 – $481,500 (2026 FDD · Item 7 · PDF p. 21); Imagine Arts Academy: $123,050 – $161,700 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Imagine Arts Academy. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
- How do ICODE and Imagine Arts Academy royalties compare?
- ICODE: Greater of Minimum Royalty or 8% of Gross Sales (2026 FDD · Item 6 · PDF p. 13); Imagine Arts Academy: 8% (2026 FDD · Item 6 · PDF p. 13). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, ICODE or Imagine Arts Academy?
- ICODE: 61 (2026 FDD · Item 20 · PDF p. 50); Imagine Arts Academy: 29 (2026 FDD · Item 20 · PDF p. 56). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do ICODE and Imagine Arts Academy disclose financial performance (Item 19)?
- ICODE has reviewed Item 19 figures for 2 location groups; Imagine Arts Academy makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.
Keep researching
Full ICODE report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
Full Imagine Arts Academy report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
