Sperry Commercial franchise
2026 filing · February 18, 2026Fewer locations
Sperry Commercial at a glance
A commercial real estate brokerage offering sales, leasing and related services. At the end of 2025 there were 51 Sperry Commercial locations in the US, all franchised.
The business
- Industry
- Real estate
- Franchisor
- Sperry Global, LLC
- The company that sells the franchises
- Typical size
- 1,500–3,000 sq ft
What you pay
- Cost to open
- $47K–$181K
- Fee, build-out and opening working capital
- Franchise fee
- $25,000
- Paid once, when you sign
- Royalty
- 6%
- 6% of gross commission income, paid monthly, with a minimum of $25,000 in royalties a year (may rise to $50,000)
- Renewal fee
- $5,000
- When the agreement ends and you sign again
- Agreement length
- 10 years
Where it is
- US locations, 2025
- 51
- Franchised and company-owned
- Franchised
- 51
- Company-owned
- 0
- Change in 3 years
- −6
- Franchised locations, 2023–2025
- States
- 18
- Most in California, Florida and Texas
Support and records
From Sperry Global, LLC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Sperry Commercial among all franchises with the same figure.
| Figure | Sperry Commercial | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $113,900 | Costs less than 85% of franchises |
| Franchise feePaid once, when you sign | $25,000 | Lower than 82% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 51 | More than 65% of franchises |
How much a Sperry Commercial franchise costs
Opening one Sperry Commercial costs an estimated $47,300 to $180,500. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the franchises under $50K.
Source: Sperry Global, LLC, 2026 filing, page 13
Sperry Commercial franchise fee
The franchise fee is $25,000. You pay it when you sign the franchise agreement.
Source: Sperry Global, LLC, 2026 filing, page 9
Royalty and ongoing fees
| Royalty | 6% of gross commission income, paid monthly, with a minimum of $25,000 in royalties a year (may rise to $50,000). |
|---|---|
| Monthly Technology Fee | $5003 for each Real Estate Broker or Agent |
| Transfer Fee | $5,000 |
| Renewal Fee | $5,000 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Sperry Global, LLC, 2026 filing, page 10
Other fees as filed, from pages 10–11. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Sperry Commercial does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Sperry Global, LLC, 2026 filing, page 33
Growth and closures
Share of franchised locations, 2025 / 2023–2025. Typical means the median: half of brands are above it, half below.
| Measure | Sperry Commercial | Typical real estate brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | −3.8% / −11% | −0.9% / 0% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 13% / 42% | 10% / 29% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical real estate brand is the median of the 44 brands in real estate franchises with three years of counts.
How Sperry Commercial compares
Of the 95 real estate franchises on this site, Sperry Commercial is the 35th cheapest to open and the 52nd largest by number of locations.
| Figure | Sperry Commercial | Typical real estate brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $47K | $69K | $222K |
| Cost to open, high end | $181K | $244K | $477K |
| Franchise fee | $25K | $35K | $40K |
| Royalty | 6% | 6% | 6% |
| US locations | 51 | 67 | 21 |
| Shares earnings figures | No | 40 of 95 | 2,147 of 3,352 |
Typical is the median across the 95 brands in real estate franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2023 | 55 (−2) | 4 | +7 | −9 |
| 2024 | 53 (−2) | 3 | +6 | −8 |
| 2025 | 51 (−2) | 0 | +5 | −7 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Sperry Global, LLC, 2026 filing, page 33
Where Sperry Commercial locations are
At the end of 2025, Sperry Commercial had franchised locations in 18 states. The most are in California, Florida and Texas.
- California13
- Florida7
- Texas7
- South Carolina3
- Colorado2
- Georgia2
| State | Franchised |
|---|---|
| California | 13 |
| Florida | 7 |
| Texas | 7 |
| South Carolina | 3 |
| Colorado | 2 |
| Georgia | 2 |
| Illinois | 2 |
| Ohio | 2 |
| Tennessee | 2 |
| Washington | 2 |
Source: Sperry Global, LLC, 2026 filing, page 34
Who owns Sperry Commercial?
Sperry Commercial franchises are sold by Sperry Global, LLC.
From Sperry Global, LLC’s 2026 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Sperry Global, LLC, 2026 filing, litigation on page 9, bankruptcy on page 9
Sperry Commercial filings
The figures on this page come from Sperry Global, LLC’s 2026 filing, issued February 18, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | February 18, 2026 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
