FranchiseVerdict
Sperry Commercial Global Affiliates logo
FV-02412·MODERATEStandard71

Sperry Commercial Global Affiliates

Real EstateFranchising since 2016Website
Investment
$15K – $182K
5th pct Real Estate
Avg revenue
32nd pct Real Estate
Royalty
Units
57
43rd pct Real Estate
SBA default

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.
  • Rated MODERATE with a risk score of 57/100.
  • Auditor disclosed a going-concern note — 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
Incorporated in
Delaware
HQ
18881 Von Karman Avenue, Suite 800, Irvine, California 92612
Auditor
Kho & Patel
Audited financials
Franchisor revenue
$417K
vs $531K prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Sperry Commercial Global Affiliates unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $15K–$182K
Working capital
$
FDD reports $3K–$10K

Unlevered ROIC · per unit

122%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$128K
EBITDA margin
17.0%
Total invested
$105K
Payback
10 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

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
Founded
2014
FDD year
2025
States available
20

Item 7 · what it costs

The Vitals

Total investment
$15K – $182K
All-in to open one unit
Liquid capital
$3K – $10K
Cash you must have on hand
Franchise fee
$10K
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

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
57
Opened
6
Last reporting year
Closed
7
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
2023
54-1
Franchised units
2024
55
Franchised units
2025
57
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 30 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 30 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

57
Risk · 0-100
MODERATE57 / 100

Declining unit count, undisclosed financials, and complex per-agent royalty model create moderate-to-high uncertainty around franchisee profitability and franchisor sustainability.

Score breakdown · what drove the 57 / 100 rating

  1. 01MINORSystem declining: 57 units with -1.8% YoY contraction indicates shrinking franchise base
  2. 02MEDNo financial disclosure: Avg Revenue and Avg Net Income not disclosed—unable to validate ROI or profitability claims
  3. 03MINOROpaque unit economics: Per-agent fees ($375/month) plus 2% GCI create variable cost structure that's difficult to model
  4. 04MINORWide investment range ($14.8K–$181.5K) suggests inconsistent startup costs and unclear path to minimum viable operation
  5. 05MEDModest franchise fee ($10K) may indicate limited franchisor support or low barrier to exit
  6. 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

Territory
ZIP Code
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Owner-operator
Optional

Item 11

Training & Operations

Classroom training
18 hrs
On-the-job training
0 hrs
POS system
SperryCENTRAL
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

74 numbers

Locked
(786) 871-••••
FL
(808) 586-••••
HI
(601) 707-••••
MS

One-time purchase · CSV download · Validation questions included

FDD download

Sperry Commercial Global Affiliates · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above