FDD Analysis Report
Sperry Commercial Global Affiliates
Business Services
we offered) franchises in any other line of business.
Key Metrics At-a-Glance
$5,000
$14,800 - $181,500
2%
of gross sales
See FDD
of gross sales
See FDD
4048 units
2024 franchised, 2024 company
N/A
Not disclosed
About This Franchise
5 min read## Executive Summary
Sperry Commercial Global Affiliates, now known as SPERRY, is a full-service commercial real estate franchisor specializing in investment sales brokerage, leasing, business brokerage, property management, and investment services. Founded in 2016 by CEO Rand Sperry, the company offers a value-based model for commercial real estate professionals seeking national brand presence.
## Investment Overview
| Investment Component | Amount | |---------------------|--------| | Total Investment Range | 15,000 - 182,000 | | Initial Franchise Fee | 5,000 - 10,000 | | Minimum Net Worth Required | 250,000 | | Liquid Capital Required | 50,000 | | Monthly Royalty | 300 per broker or agent | | Revenue Royalty Override | 2 percent on revenue above 100,000 | | Marketing Fee | None separate marketing expenses are franchisee responsibility | | Contract Term | 10 years |
## Financial Performance
Sperry provides commercial real estate revenue opportunities through investment sales brokerage commissions, leasing brokerage fees, business brokerage transactions, property management income, and investment services fees.
The network connects franchisees to over 12.3 billion in deal flow across 2000 plus advisors and staff.
## Training and Support
Sperry provides franchisee support including Initial Training covering operations and systems, Sperry University educational resources, National Brand Presence and recognition, Deal Flow Access through network of 200 plus offices, Technology Platform for transaction management, and Marketing Resources for lead generation.
## Network Statistics
Sperry operates a growing network with 59 total locations with 55 franchised and 4 corporate-owned, 2000 plus advisors and staff, over 200 offices globally, 12.3 billion in deal flow, rebranded to SPERRY in 2024, and global expansion including first European affiliate in Warsaw Poland in 2025.
## Competitive Analysis
Strengths include lowest franchise fee in commercial real estate, flat 300 monthly royalty per broker, no separate marketing fees, global network access, and multiple revenue stream options.
Weaknesses include smaller network than major competitors, commercial real estate experience required, revenue-based royalty override kicks in, and local market competition.
Key Competitors include SVN Commercial Real Estate with larger network, NAI Global with global presence, Keller Williams Commercial with residential backing, and local independent commercial brokerages.
## Risk Factors
1. Commercial Real Estate Cycles: Market dependent revenue 2. Competition: Large established commercial brokerages 3. Experience Required: Commercial real estate expertise needed 4. Deal Dependent: Income tied to transaction volume 5. Market Conditions: Economic factors affect deal flow
## Investment Recommendation
Target Investor Profile includes experienced commercial real estate professionals, brokers seeking brand affiliation, and entrepreneurs entering commercial brokerage. Sperry is ideal for investors seeking lowest cost commercial real estate franchise, flat monthly royalty structure, national brand access, and multiple service lines.
Suitability Score is 7 out of 10. Sperry offers an attractive low-cost entry into commercial real estate franchising with competitive fee structure and growing global presence.
Investment Analysis
Initial Investment Breakdown
The total initial investment ranges from $14,800 to $181,500.
| Expense Category | Low | High |
|---|---|---|
| Initial Franchise Fee | $5,000 | $5,000 |
| TOTAL ESTIMATED INITIAL INVESTMENT | $14,800 | $181,500 |
Ongoing Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Royalty | 2% of Gross Revenue | - |
| Brand Fund | See FDD of Gross Revenue | - |
Item 19: Financial Performance Representations
No Financial Performance Representations
This franchisor does not provide Item 19 financial performance representations. Approximately 35% of franchisors choose to disclose this information.
Recommendation: Request financial information directly from existing franchisees listed in Exhibit I during your due diligence. Contact 10-15 franchisees to gather revenue and profitability data before making an investment decision.
Learn more about Item 19 disclosures →Risk Assessment
Items to Review
No notable items identified
Positive Indicators
Review FDD for positive factors
Due Diligence Recommendations
Contact 10-15 existing franchisees to gather operational and financial insights
Franchisee interviews are the most valuable source of information about day-to-day operations and realistic financial expectations.
Have a franchise attorney review the Franchise Agreement
Professional legal review can identify unfavorable terms and potential negotiation points.
Research local market conditions and competition
Understanding your specific market is essential for success, regardless of system-wide performance.
Download Complete FDD
Access the full Franchise Disclosure Document including all 23 items, exhibits, and financial statements.
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Learn More About FDDs
New to franchise investing? Our educational guides will help you understand what to look for in the Sperry Commercial Global Affiliates FDD.
The Ultimate Guide to FDDs
Learn how to read and analyze Franchise Disclosure Documents
Understanding Item 7: Initial Investment
How to evaluate franchise investment costs
FDD Item 5: Initial Fees Explained
What you pay upfront to become a franchisee
Item 20: Franchisee Information
Analyze system growth and contact franchisees
About Sperry Commercial Global Affiliates Franchise
Sperry Commercial Global Affiliates is a business services franchise that offers entrepreneurs the opportunity to own and operate their own business within an established system. As of the 2026 Franchise Disclosure Document, the system has grown to 4048 locations across the United States. This analysis provides prospective franchisees with key insights from the FDD to support informed investment decisions.
Sperry Commercial Global Affiliates Franchise Cost
The total initial investment required to open a Sperry Commercial Global Affiliates franchise ranges from $14,800 to $181,500. This investment includes the initial franchise fee of $5,000, along with expenses for real estate, equipment, inventory, training, and working capital to sustain operations during the initial period. Ongoing fees include a royalty fee of 2% of gross sales. Prospective franchisees should review Item 7 of the FDD for a complete breakdown of estimated initial investment costs.
Sperry Commercial Global Affiliates Item 19 Financial Performance
Sperry Commercial Global Affiliates does not provide financial performance representations in Item 19 of their FDD. Approximately 35% of franchisors choose to disclose this information. Without franchisor-provided financial data, prospective franchisees should contact existing franchisees directly to gather information about revenue, expenses, and profitability. The franchisee contact list in Exhibit I provides names and contact information for current and former franchise owners.
Sperry Commercial Global Affiliates Franchise Growth and System Health
The Sperry Commercial Global Affiliates franchise system has shown stable performance based on unit count data from Item 20 of the FDD. Prospective franchisees should examine the historical data on unit openings, closings, and transfers to understand the system's trajectory and identify any concerning trends.
Sperry Commercial Global Affiliates Franchise Investment Considerations
The Sperry Commercial Global Affiliates FDD contains important disclosures that prospective franchisees should carefully review before making an investment decision. Key factors to evaluate include the franchise fee structure, ongoing royalty requirements, territory rights, termination history, and franchisor support systems. Every franchise investment carries risk, and this analysis should be combined with professional legal and financial advice. Review the complete FDD and speak with current franchisees to gain a comprehensive understanding of the opportunity.
Due Diligence Recommendations for Sperry Commercial Global Affiliates
Before investing in a Sperry Commercial Global Affiliates franchise, prospective franchisees should:
- Contact multiple existing franchisees to gather operational and financial insights
- Have a franchise attorney review the Franchise Agreement and all exhibits
- Research local market conditions and competitive landscape
- Develop a detailed business plan with realistic financial projections
- Verify all information provided by the franchisor independently
Download the Sperry Commercial Global Affiliates FDD
Access the complete Sperry Commercial Global Affiliates Franchise Disclosure Document, including all 23 Items, exhibits, franchise agreement, and audited financial statements. FreeFDDs™ provides free access to FDDs to promote franchise transparency and help prospective franchisees make informed decisions. The FDD contains critical information that should be reviewed in its entirety before making any investment decision.
Disclaimer
This analysis report is provided for informational purposes only. The data presented has been extracted from the Franchise Disclosure Document and may contain errors or omissions.
Prospective franchisees should conduct their own due diligence, review the complete FDD document, and consult with qualified legal and financial advisors before making any investment decisions.