Which costs less to open, ICODE or Musicologie?

ICODE: $331,000 – $481,500 (2026 FDD · Item 7 · PDF p. 21); Musicologie: $190,081 – $386,513 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Musicologie. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.

How do ICODE and Musicologie royalties compare?

ICODE: Greater of Minimum Royalty or 8% of Gross Sales (2026 FDD · Item 6 · PDF p. 13); Musicologie: 7% (2026 FDD · Item 6 · PDF p. 14). Royalties as disclosed in Item 6; other recurring fees are listed separately.

Which has more locations, ICODE or Musicologie?

ICODE: 61 (2026 FDD · Item 20 · PDF p. 50); Musicologie: 13 (2025 FDD · Item 20 · PDF p. 65). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.

Do ICODE and Musicologie disclose financial performance (Item 19)?

ICODE has reviewed Item 19 figures for 2 location groups; Musicologie has reviewed Item 19 figures for 1 location group. Different location groups are not directly comparable, and revenue is not profit.

Franchise opportunities compared

ICODE vs Musicologie

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.

ICODE2026 FDD

Musicologie2026 FDD

Initial investment · Item 7

ICODE

$331,000 – $481,500

2026 FDD · Item 7 · PDF p. 21

Musicologie

$190,081 – $386,513

2026 FDD · Item 7

Initial franchise fee · Item 5

ICODE

$35,000

2026 FDD · Item 5 · PDF p. 12

Musicologie

$60,000

2026 FDD · Item 5 · PDF p. 13

Royalty · Item 6

ICODE

Greater of Minimum Royalty or 8% of Gross Sales

2026 FDD · Item 6 · PDF p. 13

Musicologie

2026 FDD · Item 6 · PDF p. 14

Before you compare

Both sets of figures come from 2026 FDDs.
Musicologie discloses more than one business format, so the investment range spans formats; the full report breaks them out.
Item 19 figures cover the location groups each FDD names (ICODE: 2, Musicologie: 1). Different groups are not directly comparable.

Financial commitment

Disclosure

ICODE

Musicologie

Estimated initial investment (Item 7)

ICODE

$331,000 – $481,500

Area Development Agreement Total

2026 FDD · Item 7 · PDF p. 21

Musicologie

$190,081 – $386,513

2026 FDD · Item 7

Standard initial franchise fee (Item 5)

ICODE

$35,000

2026 FDD · Item 5 · PDF p. 12

Musicologie

$60,000

2026 FDD · Item 5 · PDF p. 13

Royalty (Item 6)

ICODE

Greater of Minimum Royalty or 8% of Gross Sales

Royalty – iCode School Program

2026 FDD · Item 6 · PDF p. 13

Musicologie

Royalty rate

2026 FDD · Item 6 · PDF p. 14

Brand / advertising fund (Item 6)

ICODE

Not available

No reviewed brand or advertising fund fee

Musicologie

Brand fund fee rate — 2%

2026 FDD · Item 6 · PDF p. 14

System scale & health

Disclosure

ICODE

Musicologie

Total outlets (Item 20)

ICODE

Outlets at end of 2025

2026 FDD · Item 20 · PDF p. 50

Musicologie

Outlets at end of 2025

2025 FDD · Item 20 · PDF p. 65

Net outlet change (Item 20)

ICODE

+15

Calculated: 46 at end of 2023 → 61 at end of 2025

Musicologie

Calculated: 6 at end of 2022 → 13 at end of 2025

Outlet exits (Item 20)

ICODE

Not available

No complete exit records for a year

Musicologie

Not available

No complete exit records for a year

Franchising since (Item 1)

ICODE

2016 for iCode School; 2021 for iCode Reach

2026 FDD · Item 1 · PDF p. 8

Musicologie

Not available

Not in reviewed records

Franchisor founded (Item 1)

ICODE

2016

2026 FDD · Item 1 · PDF p. 8

Musicologie

Not available

Not in reviewed records

Financial performance (Item 19), by location group

ICODE

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

Musicologie

Locations counted not stated in the reviewed record

$944,307

other Studio A actual gross sales 2024

2026 FDD · Item 19 · PDF p. 52

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 Musicologie: common questions

Which costs less to open, ICODE or Musicologie?: ICODE: $331,000 – $481,500 (2026 FDD · Item 7 · PDF p. 21); Musicologie: $190,081 – $386,513 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Musicologie. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
How do ICODE and Musicologie royalties compare?: ICODE: Greater of Minimum Royalty or 8% of Gross Sales (2026 FDD · Item 6 · PDF p. 13); Musicologie: 7% (2026 FDD · Item 6 · PDF p. 14). Royalties as disclosed in Item 6; other recurring fees are listed separately.
Which has more locations, ICODE or Musicologie?: ICODE: 61 (2026 FDD · Item 20 · PDF p. 50); Musicologie: 13 (2025 FDD · Item 20 · PDF p. 65). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
Do ICODE and Musicologie disclose financial performance (Item 19)?: ICODE has reviewed Item 19 figures for 2 location groups; Musicologie has reviewed Item 19 figures for 1 location group. Different location groups are not directly comparable, and revenue is not profit.

Answers restate the reviewed figures above. Not a ranking or recommendation.

How Franopolis reviews FDD figures