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Updated RecentlysmART Explorers vs ICode Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of smART Explorers vs ICode including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $27,500 | $293,000 - $347,000 |
| Franchise Fee | $19,500 | $35,000 |
| Royalty Fee | 7% | 6% |
| Advertising Fee | - | 2% |
| Year Founded | 2006 | 2016 |
| Year Franchised | 2007 | 2016 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | * Franchise can be run from home * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About smART Explorers
NO LONGER FRANCHISING
About ICode
Proprietary STEAM-based educational courses for children and
engaging courses for families, and other programs that ICode may develop periodically.