Sperry Commercial Global AffiliatesFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Sperry Commercial Global Affiliates franchise requires a total initial investment of $15K – $182K, including a $10K franchise fee. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: F. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $15K – $182K
- 3rd pct Real Estate
- Avg gross sales
- N/A
- 25th pct Real Estate
- Royalty
- N/A
- Units
- 57
- 33rd pct Real Estate
- SBA default
- N/A
Quick verdict · Real Estate · color = vs category peers
Green = >15% above Real Estate avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchised units fell from 54 to 4 over 3 years. Investigate why operators are leaving.
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $15K – $182K including a $10K franchise fee.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict F (Bottom Quintile) with a risk score of 83/100.
- Auditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Sperry Commercial Global Affiliates, LLC
- CEO title
- Chief Executive Officer and Manager
- Rand Sperry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- DE
- HQ
- 18881 Von Karman Avenue, Suite 800, Irvine, California 92612
- Auditor
- Kho & Patel
- Audited financials
- Franchisor revenue
- $417K
- vs $531K prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
- ⚠ Going-concern note
- Disclosed in FDD 2025
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Overview
About
Sperry Commercial franchisees operate commercial real estate brokerage offices, employing agents to source, market, and close commercial property transactions. Day-to-day work involves recruiting and managing agents, overseeing client relationships, ensuring compliance with regulations, and splitting commission revenue with the franchisor via flat monthly fees and percentage-based royalties on gross commission income.
- CEO
- Rand Sperry
- Headquarters
- CA
- Founded
- 2014
- FDD year
- 2025
- States available
- 20
FDD Item 7 · 2025 filing · 9 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $5K | $10K | |
| Grand Opening Advertisingnot refundable | $0 | $3K | |
| Initial Training travel/living expenses | $1K | $5K | |
| Office set-up, lease, and leasehold improvements | $2K | $105K | |
| Computer hardware and software, furniture and fixtures | $1K | $20K | |
| Exterior office signs and graphics | $1K | $8K | |
| Insurance | $500 | $10K | |
| Miscellaneous opening costs | $2K | $11K | |
| Additional funds - 3 months | $3K | $10K | |
| Total initial investment | $15K | $182K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $15K – $182K
- Better than avg vs category
- Liquid capital req'd
- $3K – $10K
- Better than avg vs category
- Franchise fee
- $5K – $10K
- Better than avg vs category
- Royalty
- $375 per agent/month plus 2% of GCI over $100,000/year
- Ad fund
- 0.0%
- typical 3–5%
- Total fee load
- 27.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | $375 per agent plus 2% of GCI over $100,000 |
| Marketing / ad fund | 0.0% of gross sales |
| Technology fee | $25 |
| Transfer fee | $1K |
| Renewal fee | $1K |
| Total fee load | 27.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Real Estate averages
How Sperry Commercial Global Affiliates Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 57
- Opened
- 6
- Last reporting year
- Closed
- 7
- Terminated
- 2
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 5
- Term expired, not renewed (per Item 20)
- Turnover rate
- 12.3%
- Company-owned
- 3
- Corporate units in the system
- % franchised
- 95%
- vs corporate-owned
- Net growth (yr3)
- -1.8%
- Net unit change last year
- 3-yr CAGR
- -5.3%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
- Termination rate
- 12.3%
- Franchisor-initiated terminations
- Ceased ops
- 14.0%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 21 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Declining unit count, undisclosed financials, and complex per-agent royalty model create moderate-to-high uncertainty around franchisee profitability and franchisor sustainability.
Litigation (Item 3)
No litigation is required to be disclosed in this Item.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Kho & Patel⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 83 / 100 rating
- 01MINORSystem declining: 57 units with -1.8% YoY contraction indicates shrinking franchise base
- 02MEDNo financial disclosure: Avg Revenue and Avg Net Income not disclosed—unable to validate ROI or profitability claims
- 03MINOROpaque unit economics: Per-agent fees ($375/month) plus 2% GCI create variable cost structure that's difficult to model
- 04MINORWide investment range ($14.8K–$181.5K) suggests inconsistent startup costs and unclear path to minimum viable operation
- 05MEDModest franchise fee ($10K) may indicate limited franchisor support or low barrier to exit
- 06MINORNo Item 19 earnings claims—cannot verify typical agent or office revenue benchmarks
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Territory type | ZIP Code |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Orange County, California |
| Jury trial waiver | Yes |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation is required to be disclosed in this Item.
Items 10, 11
Training & Operations
- Classroom training
- 18 hrs
- On-the-job training
- 0 hrs
- Training location
- On-site and corporate
- Ongoing training
- Required
- Time to open
- 2 mo
- From signing to launch
- POS system
- SperryCENTRAL
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: SperryCENTRAL
Item 20 · call current owners
Franchisee Contacts
57 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Sperry Commercial Global Affiliates · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Sperry Commercial Global Affiliates franchise?
The total investment to open a Sperry Commercial Global Affiliates franchise ranges from $15K – $182K, with an initial franchise fee of $10K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Sperry Commercial Global Affiliates franchise owners earn?
Sperry Commercial Global Affiliates does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Sperry Commercial Global Affiliates's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Sperry Commercial Global Affiliates (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Sperry Commercial Global Affiliates franchise locations are there?
As of their most recent FDD filing, Sperry Commercial Global Affiliates has 57 total units in the United States, including 54 franchised units and 3 company-owned units. 6 new units were opened in the latest reporting year.
Is Sperry Commercial Global Affiliates a good franchise to buy?
FranchiseVerdict rates Sperry Commercial Global Affiliates as a F-grade franchise with a risk score of 83 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.